Last checked at 
18 Nov 2020 15:59
HENDERSON INVESTMENT FUNDS LIMITED
HENDERSON EUROTRUST PLC
LEGAL ENTITY IDENTIFIER: 213800DAFFNXRBWOEF12
18 November 2020
HENDERSON EUROTRUST PLC
Annual General Meeting held on
Wednesday 18 November 2020
Henderson EuroTrust plc announces that at the Annual General Meeting held earlier today all resolutions proposed were duly passed on a poll, four of which were special resolutions authorising:
· the Directors to allot or to sell from treasury up to 10% of the issued ordinary share capital without first offering them to existing shareholders in accordance with statutory pre-emption procedures;
· the Company to make market purchases of up to 14.99% of the Company's ordinary share capital (excluding treasury shares);
· the Company to hold general meetings other than an Annual General Meeting on not less than 14 clear days' notice; and
· the Company to adopt amended Articles of Association.
The full text of all the resolutions can be found in the Notice of Meeting, copies of which are available for viewing at:
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
The poll results were as follows:
Resolutions | Votes for | % | Votes against | % | Total votes cast | Votes cast (excluding votes withheld) as a percentage of total voting rights | Votes withheld |
1. Annual Report and audited financial statements | 11,303,370 | 99.94 | 6,455 | 0.06 | 11,309,825 | 53.38 | 1,117 |
2. Directors' Remuneration Policy | 11,253,422 | 99.59 | 46,136 | 0.41 | 11,299,558 | 53.34 | 11,384 |
3. Directors' Remuneration Report | 11,253,338 | 99.59 | 46,220 | 0.41 | 11,299,558 | 53.34 | 11,384 |
4. Approve a final dividend of 17.0p per share | 11,303,370 | 99.99 | 1,536 | 0.01 | 11,304,906 | 53.36 | 6,036 |
5. To elect Stephen King as a Director | 11,302,896 | 99.97 | 3,052 | 0.03 | 11,305,948 | 53.37 | 4,994 |
6. To re-elect Nicola Ralston as a Director | 11,226,718 | 99.27 | 82,149 | 0.73 | 11,308,867 | 53.38 | 2,075 |
7. To re-elect Rutger Koopmans as a Director | 11,225,049 | 99.27 | 82,149 | 0.73 | 11,307,198 | 53.37 | 3,744 |
8. To re-elect Katya Thomson as a Director | 11,226,392 | 99.27 | 82,475 | 0.73 | 11,308,867 | 53.38 | 2,075 |
9. Re-appoint BDO LLP as statutory auditor | 11,290,522 | 99.96 | 5,040 | 0.04 | 11,295,562 | 53.32 | 15,380 |
10. Authorise Directors to determine the remuneration of the statutory auditor | 11,292,710 | 99.96 | 4,102 | 0.04 | 11,296,812 | 53.32 | 14,130 |
11. Authority to allot relevant securities | 11,306,081 | 99.98 | 2,494 | 0.02 | 11,308,575 | 53.38 | 2,367 |
12. Authority to disapply pre-emption rights* | 11,281,682 | 99.90 | 11,416 | 0.10 | 11,293,098 | 53.31 | 17,844 |
13. Authority to repurchase ordinary shares* | 11,283,940 | 99.81 | 21,672 | 0.19 | 11,305,612 | 53.36 | 5,330 |
14. 14 days' notice for a General Meeting* | 11,275,031 | 99.74 | 29,331 | 0.26 | 11,304,362 | 53.36 | 6,580 |
15. Updated Articles of Association* | 10,351,363 | 91.69 | 937,877 | 8.31 | 11,289,240 | 53.29 | 21,702 |
* special resolution
For the purposes of section 341 of the Companies Act 2006, the votes validly cast are expressed in the table above as a percentage of the Company's total voting rights as at the close of business on 16 November 2020 (21,185,541), being the time at which a shareholder had to be registered in the register of members in order to vote at the Annual General Meeting. A vote "withheld" is not a vote in law and has not been counted as a vote "for" or "against" a resolution.
The number of ordinary shares in issue at the date of this announcement is 21,205,541, of which 20,000 shares are held in treasury. As at the date of this announcement the Company's total voting rights therefore comprises 21,185,541 shares with one vote each.
A copy of the poll results will shortly be available on the Company's website at:
www.hendersoneurotrust.com
A copy of the special business resolutions will be submitted to the National Storage Mechanism ("NSM") and will shortly be available for inspection on the NSM's website at:
https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
As announced on 4 October 2019, David Marsh, having completed the maximum permitted term of nine years under the Board's tenure policy, retired with effect from the conclusion of the Annual General Meeting.
The Company instructs J.P. Morgan Securities plc to act as its broker in respect of its market purchase transactions. The Company may utilise the authority to purchase shares by either a single purchase or a series of purchases when market conditions allow when they are trading at a discount to the underlying net asset value per share, with the aim of maximising the benefit to shareholders. This proposal does not indicate that the Company will purchase shares at any particular time or price, nor imply any opinion on the part of the Directors as to the market or other value of the Company's shares. This arrangement is in accordance with Chapter 12 of the UKLA Listing Rules and the Company's general authority to repurchase shares.
For further information please contact:
Melanie Stoner
For and on behalf of Henderson Secretarial Services Ltd
Corporate Secretary to Henderson EuroTrust plc
Tel: 020 7818 4082
Laura Thomas
Investment Trust PR Manager
Janus Henderson Investors
Tel: 020 7818 2636
Neither the contents of the Company's website nor the contents of any website accessible from hyperlinks on the Company's website (or any other website) is incorporated into, or forms part of, this announcement.