16 Dec 2015 15:30
CHELVERTON GROWTH TRUST PLC
RESULT OF AGM
The Company announces that all resolutions were passed on a show of hands at yesterday's Annual General Meeting.
Resolutions
To consider and if thought fit to pass the following resolutions as ordinary resolutions:
1. To receive and adopt the financial statements for the year ended 31 August 2015, together with the Report of the Directors and Independent Auditors' report thereon.
2. To receive and if thought fit, to accept the Directors' remuneration report for the year ended 31 August 2015.
3. To receive and adopt the Directors' Remuneration Policy for the year ended 31 August 2015.
4. To re-elect Mr. K Allen as Chairman of the Company.
5. To re-elect Mr. D Horner as a Director of the Company.
6. To re-elect Mr. I Martin as a Director of the Company.
7. To re-appoint Hazlewoods LLP as Auditors to the Company, to hold office from the conclusion of this Meeting until the next Annual General Meeting, and to authorise the Directors to determine their remuneration.
8. That the Company continues as an investment trust.
9. THAT the Company is hereby generally and unconditionally authorised in accordance with Section 701 of the Companies Act 2006 to renew its authority to make market purchases of ordinary shares of 1p each in the capital of the Company ("Ordinary shares").
10. THAT, in addition to the authority given to the Company to purchase its Ordinary shares of 1p each ("Shares") pursuant to Resolution 9 above and in accordance with the terms and conditions contained in a Circular incorporating the details of a Tender Offer to be issued at a later date by the Company and the Tender Form (together the "Terms and Conditions"), the Company be and is hereby authorised in accordance with section 701 of the Companies Act 2006 to make market purchases of its Shares.
11. THAT the Company adopts the updated Investment Objective and Policy as described in the Strategic Report.
12. THAT the amount standing to the credit of the Company's share premium account be and is hereby cancelled.
16 December 2015