23 Sep 2019 14:39
To: RNS
Date: 23 September 2019
Company: BMO Managed Portfolio Trust PLC
LEI: 213800ZA6TW45NM9YY31
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Subject: Result of Annual General Meeting
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BMO Managed Portfolio Trust PLC (the "Company") announces that, at the Annual聽General Meeting held on 23 September 2019, all 14 resolutions proposed were duly passed, including those detailed below:
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路; An ordinary resolution renewing the Directors' authority to allot new Income shares up to an aggregate nominal amount of 拢441,200 (equating to 4,412,000 Income shares) and new Growth shares up to an aggregate nominal amount of 拢356,300 (equating to 3,563,000 Growth shares) being approximately 10% of the Company's total issued Income shares and approximately 10% of the Company's total issued Growth shares respectively (excluding shares held in treasury). This authority will expire at the conclusion of the Company's next Annual General Meeting to be held after the passing of this resolution or on the expiry of 15 months from the passing of this resolution, whichever is earlier, unless previously revoked, varied or extended by the Company in general meeting.
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路; A special resolution renewing the Directors' authority to allot new Income shares up to an aggregate nominal amount of 拢441,200 (equating to 4,412,000 Income shares) and new Growth shares up to an aggregate nominal amount of 拢356,300 (equating to 3,563,000 Growth shares) being approximately 10% of the Company's total issued Income shares and approximately 10% of the Company's total issued Growth shares respectively (including shares held in treasury) for cash without first offering such shares to existing shareholders pro rata to their existing holdings. This authority will expire at the conclusion of the Company's next Annual General Meeting to be held after the passing of this resolution or on the expiry of 15 months from the passing of this resolution, whichever is earlier unless previously varied, revoked or renewed by the Company in general meeting.
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路; A special resolution renewing the Directors' authority to make market purchases of up to 6,613,600 Income shares and 5,322,100 Growth shares being approximately 14.99% of the issued Income shares and 14.99% of the issued Growth shares (excluding Income shares and Growth shares held in treasury). This authority will expire at the conclusion of the Company's next Annual General Meeting or on 23 December 2020, whichever is the earlier, unless previously varied, revoked or renewed by the Company in general meeting.
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路; A special resolution renewing the Directors' authority to sell shares from treasury without having first to make a pro rata offer to existing shareholders limited up to an aggregate nominal amount of 拢441,200 in respect of Income shares (equating to 4,412,000 Income shares) and 拢356,300 in respect of Growth shares (equating to 3,563,000 Growth shares). This authority shall expire at the conclusion of the next Annual General Meeting of the Company or on 23 December 2020, whichever is the earlier, unless previously varied, revoked or renewed by the Company in general meeting.
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路; A special resolution to approve the proposed Purchase Contract to enable the Company to make off-market purchases of its own deferred shares.
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The full text of all the resolutions can be found in the Notice of Annual General Meeting set out in the Annual Report and Financial Statements for the year ended 31 May 2019 which was submitted to the National Storage Mechanism on 8 August 2019 and is available for inspection at www.morningstar.co.uk/uk/nsm聽
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A summary of the proxy votes received will shortly be available on the Company's website www.bmomanagedportfolio.com.
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For further information please contact:
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BMO Investment Business Limited
Company Secretary
Telephone: 0131 718 1010