24 Sep 2013 11:21
LSE:CIN
24 September 2013
City of London Group plc
The Company announces that all of the resolutions proposed at the Annual General Meeting held earlier today were passed. A summary of the proxy votes received in advance of the meeting is as follows:
| Resolution | Votes For | % of total votes cast | Votes against | % of total votes cast | Votes withheld |
1 | Receive the report and accounts | 7,495,020 | 100.00% | 0 | 0% | 0 |
2 | Approve the remuneration report | 7,488,167 | 99.91% | 6,853 | 0.09% | 0 |
3 | Elect Nigel Sidebottom as a director | 7,488,206 | 99.93% | 5,500 | 0.07% | 1,314 |
4 | Re-elect Eric Anstee as a director | 7,488,206 | 99.93% | 5,500 | 0.07% | 1,314 |
5 | Re-elect Tony Brierley as a director | 7,516,986 | 99.93% | 5,500 | 0.07% | 1,314 |
6 | Re-elect Howard Goodbourn as a director | 7,516,986 | 99.93% | 5,500 | 0.07% | 1,314 |
7 | Re-elect John Kent as a director | 7,516,986 | 99.93% | 5,500 | 0.07% | 1,314 |
8 | Re-elect Henry Lafferty as a director | 7,516,986 | 99.93% | 5,500 | 0.07% | 1,314 |
9 | Re-elect John Williams as a director | 7,516,986 | 99.93% | 5,500 | 0.07% | 1,314 |
10 | Appoint auditors | 7,494,857 | 99.99% | 163 | 0.01% | 0 |
11 | Authorise allotment of shares | 7,488,206 | 99.93% | 5,500 | 0.07% | 1,314 |
12 | Disapply pre-emption rights on share allotments | 7,487,923 | 99.92% | 5,783 | 0.08% | 1,314 |
13 | Authorise issue of shares at a discount to NAV | 7,487,760 | 99.92% | 5,946 | 0.08% | 1,314 |
14 | Authorise market purchase of own shares | 7,489,520 | 99.93% | 5,500 | 0.07% | 0 |
15 | Authorise convening of general meetings on 14 days' notice | 7,489,330 | 99.92% | 5,690 | 0.08% | 0 |
16 | Amend rules of incentive plan | 7,489,237 | 99.92% | 5,783 | 0.08% | 0 |
17 | Cancel share premium account | 7,482,520 | 99.93% | 5,500 | 0.07% | 7,000 |
Notes:
1. The "For" vote includes those giving the Chairman discretion.
2. "Votes Withheld" are not counted when deciding whether or not a resolution is carried.
3. The total number of Ordinary Shares in issue at the date of the AGM notice was 20,206,617.
In accordance with LR 9.6.2R the full text of resolutions 11 - 17 will be submitted to the National Storage Mechanism and will be available for inspection at http://www.morningstar.co.uk/uk/nsm.
Enquiries:
City of London Group plc +44 (0) 20 7628 5518
Eric Anstee (CEO)
N+1 Singer +44 (0) 20 7496 3000
Johnny Franklin-Adams
FTI Consulting +44 (0) 20 7269 7295
Caroline Parker