25 May 2022 16:45
FUNDSMITH EMERGING EQUITIES TRUST plc
Results of the Annual General Meeting
The Board is pleased to announce that at the Annual General Meeting (AGM) held today, Wednesday, 25 May 2022, all resolutions were duly passed by shareholders on a show of hands. The proxy voting figures are shown below:
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 2021.
| 9,256,842 | 99.97% | 3,127 | 0.03% | 9,259,969 | 201 |
2. To approve the Directors' Remuneration Report for the year ended 31 December 2021.
| 9,244,665 | 99.84% | 14,498 | 0.16% | 9,259,163 | 1,007 |
3. To re-elect Martin Bralsford as a Director of the Company.
| 9,178,320 | 99.12% | 81,096 | 0.88% | 9,259,416 | 754 |
4. To re-elect Rachel de Gruchy as a Director of the Company.
| 9,167,770 | 99.01% | 91,646 | 0.99% | 9,259,416 | 754 |
5. To elect Professor Heather McGregor, CBE as a Director of the Company.
| 9,170,207 | 99.04% | 89,209 | 0.96% | 9,259,416 | 754 |
6. To re-elect John Spencer as a Director of the Company.
| 9,174,176 | 99.08% | 85,240 | 0.92% | 9,259,416 | 754 |
7. To re-appoint Deloitte LLP as Auditor to the Company and to authorise the Audit Committee to determine their remuneration.
| 9,246,436 | 99.86% | 12,727 | 0.14% | 9,259,163 | 1,007 |
Special Business
| ||||||
8. To authorise the Directors to allot securities in the Company up to an amount representing 10% of the issued share capital.
| 9,254,101 | 99.94% | 5,465 | 0.06% | 9,259,766 | 404 |
9. #To disapply the pre-emption rights in relation to the allotment of shares up to an amount representing 10% of the issued share capital.
| 9,239,621 | 99.81% | 17,148 | 0.19% | 9,256,769 | 3,401 |
10. #To authorise the Directors to sell Treasury Shares on a non-pre-emptive basis.
| 9,196,534 | 99.36% | 59,579 | 0.64% | 9,256,113 | 4,057 |
11. #To authorise the Company to make market purchases of Ordinary shares in the Company.
| 9,254,078 | 99.94% | 5,891 | 0.06% | 9,259,969 | 201 |
12. #That the Directors be authorised to call general meetings (other than annual general meetings) on not less than 14 clear days' notice.
| 9,201,112 | 99.40% | 55,857 | 0.60% | 9,256,969 | 3,201 |
# - Special Resolution
Any proxy votes which are at the discretion of the Chairman of the Meeting 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 26,288,283.
The proxy voting figures, together with a presentation from the Investment Manager on the Company's performance, will shortly also be available on the Company's website at www.feetplc.co.uk
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 https://data.fca.org.uk/#/nsm/nationalstoragemechanism. The special business resolutions will additionally be filed at Companies House.
25 May 2022
For further information please contact:
Mark Pope Frostrow Capital LLP - Company Secretary 020 3 008 4913