Last checked at 
11 Jun 2014 17:15
GRAPHITE ENTERPRISE TRUST PLC ("the Company")
RESULTS OF ANNUAL GENERAL MEETING
The Company is pleased to announce that at the Annual General Meeting held on 11 June 2014 all resolutions were passed on a show of hands.
Resolutions 1 to 11 related to Ordinary Business. Resolutions 12 to 14 related to Special Business, as set out below:
Resolution 12: To authorise the Directors to allot either new shares or shares held in treasury for cash, disapplying pre-emption rights.
Resolution 13: To authorise the Directors pursuant to Section 701 of the Companies Act 2006 to make market purchases of up to 14.99% of the Company's own Ordinary shares.
Resolution 14: To allow the Company to call a General Meeting with not less than 14 days notice.
Details of the proxy votes in respect of the resolutions passed at the Annual General Meeting received up to 48 hours before the time of the Meeting by the Company's registrar, Computershare, are set out below:
Resolution | For(no. of votes) | Discretion of Chairman(no. of votes) | Discretion of Third Parties(no. of votes) | Against(no. of votes) | Total Votes(no. of votes) | For, or at discretion of Chairman(% of Total Votes) | Abstention(no. of votes) |
1. To receive and adopt the reports of the directors and auditors and the Company's accounts | 23,087,567 | 23,089 | 76 | 449,912 | 23,560,644 | 98.1% | 19,880 |
2. To declare a final dividend of 7.5p and a special dividend of 8.0p | 23,494,356 | 20,236 | 76 | 57,206 | 23,571,874 | 99.8% | 6,475 |
3. To re-elect P. Dicks as a director | 21,993,172 | 20,236 | 76 | 1,480,819 | 23,494,303 | 93.7% | 53,980 |
4. To re-elect M. Fane as a director | 23,273,998 | 20,236 | 76 | 204,150 | 23,498,460 | 99.1% | 54,419 |
5. To re-elect A. Pomfret as a director | 23,349,009 | 20,236 | 76 | 114,953 | 23,484,274 | 99.5% | 65,490 |
6. To re-elect J.Tigue as a director | 23,312,007 | 29,236 | 76 | 125,979 | 23,467,298 | 99.5% | 73,537 |
7. To re-appoint the auditors and fix their remuneration | 23,217,883 | 21,381 | 76 | 197,824 | 23,437,164 | 99.2% | 131,900 |
8. To approve the Remuneration Policy | 22,477,166 | 21,381 | 76 | 788,789 | 23,287,412 | 96.6% | 249,983 |
9. To approve the Remuneration Report | 22,859,121 | 21,381 | 76 | 391,338 | 23,271,916 | 98.3% | 248,498 |
10. To approve an increase in the maximum aggregate of fees payable to the directors | 22,051,650 | 19,651 | 76 | 1,203,659 | 23,275,036 | 94.8% | 274,548 |
11. To give the directors authority to allot shares | 23,108,837 | 30,432 | 76 | 284,178 | 23,423,523 | 98.8% | 96,622 |
12. To disapply pre-emption rights | 23,092,612 | 18,506 | 76 | 331,793 | 23,442,987 | 98.6% | 105,748 |
13. To authorise the Company to purchase its own shares | 23,228,710 | 20,236 | 76 | 240,990 | 23,490,012 | 99.0% | 75,354 |
14. To call a General Meeting with not less than 14 days notice | 22,798,601 | 21,811 | 76 | 679,721 | 23,500,209 | 97.1% | 50,312 |
Copies of resolutions passed at the Annual General Meeting on 11 June 2014 concerning items other than ordinary business will be submitted to the National Storage Mechanism. These documents will shortly be available for inspection at www.hemscott.com/nsm.do
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