Last checked at 
23 Apr 2018 17:24
HgCapital Trust plc
(the "Company")
23 April 2018
Annual General Meeting ("AGM") Results
The Company announces that at its Annual General Meeting held earlier today all the resolutions set out in the Notice of Annual General Meeting were passed on a show of hands by the requisite majority. The proxy votes received in relation to the resolutions were as follows:
Resolution * indicates Special Resolution
| For (No. of shares) | For (%) | Against (No. of shares) | Against (%) | Votes Withheld (No. of shares) |
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1. To receive the Annual Report and Financial Statements. | 14,873,559 | 99.99 | 2,025 | 0.01 | 0 | |
2. To approve the Directors' Remuneration Report. | 14,873,445 | 99.99 | 2,140 | 0.01 | 0 | |
3. To declare a final dividend. | 14,875,585 | 100.00 | 0 | 0.00 | 0 | |
4. To re-elect Mr R Brooman as a Director | 14,365,388 | 96.57 | 510,196 | 3.43 | 0 | |
5. To re-elect Mr P Dunscombe as a Director | 14,874,739 | 99.99 | 846 | 0.01 | 0 | |
6. To re-elect Mr R Mountford as a Director. | 13,974,966 | 96.46 | 512,260 | 3.54 | 388,358 | |
7. To elect Mr J Strang as a Director. | 14,874,739 | 99.99 | 846 | 0.01 | 0 | |
8. To elect Mr G Wakeley as a Director. | 14,874,739 | 99.99 | 846 | 0.01 | 0 | |
9. To re-appoint Grant Thornton LLP as Auditor of the Company. | 14,875,585 | 100.00 | 0 | 0.00 | 0 | |
10. To authorise the Directors to determine the remuneration of the Auditor. | 14,874,167 | 99.99 | 1,418 | 0.01 | 0 | |
11. To authorise the Directors to allot Ordinary shares. | 14,875,013 | 99.99 | 572 | 0.01 | 0 | |
12. To authorise the Directors to allot equity securities for cash and to sell Ordinary shares from treasury for cash.* | 14,874,058 | 99.99 | 961 | 0.01 | 566 | |
13. To authorise the Company to make market purchases of Ordinary shares of the Company.* | 14,873,634 | 99.99 | 1,951 | 0.01 | 0 | |
14. To authorise the Directors to hold general meetings on not less than 14 clear days' notice.* | 14,694,808 | 98.79 | 180,211 | 1.21 | 566 | |
15. To approve and adopt the revised and restated investment policy. | 15,309,936 | 100.00 | 0 | 0.00 | 846 | |
*Special Resolution
NOTES:
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1. | All resolutions were passed.
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2. | Proxy appointments which gave discretion to the Chairman of the AGM have been included in the "For" total for the appropriate resolution.
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3. | Votes "For" and "Against" any resolution are expressed as a percentage of votes validly cast for that resolution.
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4. | 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.
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5. | The number of shares in issue at 6:00 p.m. on 23 April 2018 was 37,324,698 (the "Share Capital") and at that time, the Company did not hold any shares in treasury. |
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6. | 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
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7. | A copy of resolutions 11-15 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.
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