HgCapital Trust plc Regulatory News (HGT)

Resolution

For

(No. of shares)

For

(%)

Against

(No. of shares)

Against

(%)

Votes Withheld

(No. of shares)

1. To receive the Annual Report and Financial Statements.

156,522,249

99.88

0

0.00

21,850

2. To approve the Directors' Remuneration Report.

151,338,932

99.82

86,444

0.06

5,118,722

3. To approve the Remuneration Policy.

156,344,953

99.85

45,466

0.03

153,680

4. Resolution 4 was withdrawn.

5. To re-elect Mr R Brooman as a Director.

136,233,909

86.95

20,251,230

12.93

58,960

6. To re-elect Mr P Dunscombe as a Director.

142,917,526

91.22

13,567,612

8.66

58,960

7. To re-elect Mr J Strang as a Director.

154,721,474

98.75

1,763,664

1.13

58,960

8. To re-elect Mr G Wakeley

as a Director.

156,459,545

99.86

25,953

0.02

58,960

9. To re-elect Ms A West as a Director.

156,379,475

99.81

105,663

0.07

58,960

10. To re-appoint Grant Thornton UK LLP as Auditor of the Company.

156,493,816

99.86

28,092

0.02

22,191

11. To authorise the Directors'

to determine the remuneration of the Auditor.

156,503,876

99.86

23,032

0.01

17,191

12. That HGT continue in existence as an investment trust for a further five year period.

156,530,249

99.88

2,000

0.00

11,850

13. To authorise the Directors'

 to allot Ordinary shares.

156,051,091

99.57

481,158

0.31

11,850

14. To approve the amendment of the limit on Directors' fees set out in HGT's Articles of Association from £300,000 to £450,000.

151,319,984

96.65

5,055,110

3.23

169,004

15. The authority to dis-apply pre-emption rights. *

156,773,774

99.91

143,315

0.09

64,394

16. To authorise the Company to make market purchases of Ordinary shares of the Company. *

156,926,123

99.96

55,360

0.04

0

NOTES:

1.

All resolutions were passed.

2.

Proxy appointments which gave discretion to the Chairman of the AGM have been included in the "For" total for the appropriate resolution.

3.

A "Vote withheld" is not a vote in law and is not counted in the calculation of the percentage of shares voted "For" or "Against" any resolution.

4.

The number of shares in issue at 6:00 p.m. on 7 May 2020 was 407,424,808 ordinary shares of (the "Share Capital") and at that time, the Company did not hold any shares in treasury.

5.

The full text of the resolutions passed at the AGM can be found in the Notice of Annual General Meeting which is available on the Company's website at www.hgcapitaltrust.com

6.

A copy of resolutions 14, 15 and 16 passed at the AGM will shortly be submitted to the National Storage Mechanism and will be available for inspection at www.morningstar.co.uk/uk/NSM.