22 May 2019 17:06
FUNDSMITH EMERGING EQUITIES TRUST plc
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Results of the Annual General Meeting Held on 22 May 2019
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The Board is pleased to announce that at the Annual General Meeting (AGM) held on Wednesday, 22 May 2019, all resolutions were duly passed by shareholders on a show of hands. The proxy voting figures are shown below:
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Resolutions (Ordinary unless stated otherwise) | Votes For | % | Votes Against | % | Total Votes Cast | Votes Withheld |
Ordinary Business | ||||||
1. To receive and accept the Annual Report for the year ended 31 December 2018. Â | 3,421,744 | 100 | 0 | 0.00 | 3,421,744 | 85 |
2. To approve the payment of a final dividend of 2 pence per ordinary share for the year ended 31 December 2018. Â | 3,421,829 | 100 | 0 | 0.00 | 3,421,829 | 0 |
3. To re-elect Martin Bralsford as a Director of the Company. Â | 3,419,901 | 99.97 | 1,182 | 0.03 | 3,421,083 | 746 |
4. To re-elect David Potter as a Director of the Company. Â | 3,420,901 | 99.99 | 166 | 0.01 | 3,421,067 | 762 |
5. To re-elect John Spencer as a Director of the Company. Â | 3,418,618 | 99.93 | 2,449 | 0.07 | 3,421,067 | 762 |
6. To elect Rachel de Gruchy as a Director of the Company. Â | 3,408,848 | 99.93 | 2,283 | 0.07 | 3,411,131 | 10,698 |
7. To approve the Directors' Remuneration Report for the year ended 31 December 2018. Â | 3,417,380 | 99.93 | 2,234 | 0.06 | 3,419,614 | 2,215 |
8. To re-appoint Deloitte LLP as Auditor to the Company and to authorise the Audit Committee to determine their remuneration. Â | 3,418,847 | 99.94 | 1,941 | 0.06 | 3,420,788 | 1,041 |
Special Business  | ||||||
9. To authorise the Directors to allot securities in the Company up to an amount representing 10% of the issued share capital. Â | 3,419,203 | 99.94 | 1,905 | 0.06 | 3,421,108 | 721 |
10. #To disapply the pre-emption rights in relation to the allotment of shares up to an amount representing 10% of the issued share capital. Â | 3,413,558 | 99.78 | 7,566 | 0.22 | 3,421,124 | 705 |
11. #To authorise the Directors to sell Treasury Shares on a non-pre-emptive basis and at a narrower discount to the net asset value per share at which they are bought in. Â | 2,744,201 | 80.23 | 676,266 | 19.77 | 3,420,467 | 1,362 |
12. #To authorise the Company to make market purchases of Ordinary shares in the Company. Â | 3,389,748 | 99.96 | 1,376 | 0.04 | 3,391,124 | 30,705 |
13. #That the Directors be authorised to call general meetings (other than annual general meetings) on not less than 14 clear days' notice. | 3,310,186 | 96.74 | 111,643 | 3.26 | 3,421,829 | 0 |
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# - Special Resolution
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Any proxy votes which are at the discretion of the Chairman have been included in the "for" total. A vote withheld is not a vote in law and is not counted in the calculations of votes cast by proxy. At the date of the AGM the total number of Ordinary shares of 1p each in issue and the total number of voting rights was 26,640,056.
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The proxy voting figures will shortly also be available on the Company's website at www.feetplc.co.uk
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In accordance with Listing Rule 9.6.2, the full text of the special business resolutions passed has been submitted to the National Storage Mechanism and will shortly be available for inspection at http://www.morningstar.co.uk/uk/nsm. The special business resolutions will additionally be filed at Companies House.
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22 May 2019
For further information please contact:
Katherine Manson Frostrow Capital LLP - Company Secretary 020 3709 8734