Last checked at 
11 Dec 2015 14:45
THE INVESTMENT COMPANY PLC - Result of AGMTHE INVESTMENT COMPANY PLC - Result of AGM
PR Newswire
London, December 11
THE INVESTMENT COMPANY PLC (the “Company”)
Result of Annual General Meeting
The Company announces that all resolutions put to shareholders at the Annual General Meeting held on 11 December 2015 were passed on a show of hands, including:
Resolution 7 (ordinary resolution): To authorise the Directors to allot shares pursuant to Section 551 of the Companies Act 2006 up to an aggregate nominal amount of £4,739,549, being 200% of the issued ordinary share capital of the Company at the date of the Notice of Meeting.
Resolution 9 (special resolution): To authorise the Directors to make market purchases of up to 710,458 of the Company’s own shares, representing 14.99% of the ordinary shares in issue, either for cancellation or placing into treasury.
Resolution 10 (special resolution): To hold general meetings (other than annual general meetings) on 14 clear days’ notice.
The proxy votes received in relation to these resolutions were as follows:
| Resolutions | Votes For | Votes Against | Votes at Chairman’s Discretion | Votes Withheld |
| Resolution 1 | 465,004 | 0 | 506,380 | 0 |
| Resolution 2 | 462,917 | 2,087 | 506,380 | 0 |
| Resolution 3 | 336,077 | 127,040 | 508,267 | 0 |
| Resolution 4 | 463,117 | 0 | 508,267 | 0 |
| Resolution 5 | 463,117 | 0 | 508,267 | 0 |
| Resolution 6 | 465,004 | 0 | 506,380 | 0 |
| Resolution 7 | 463,117 | 0 | 508,267 | 0 |
| Resolution 9 | 461,273 | 3,731 | 506,380 | 0 |
| Resolution 10 | 464,004 | 1,000 | 506,380 | 0 |
A copy of the full text of the resolutions above will be submitted to the National Storage Mechanism and will shortly be available for inspection at www.morningstar.co.uk/uk/NSM
Resolution 8 was stated in error within the Notice of Annual General Meeting as an ordinary resolution, when in fact it should have been proposed as a special resolution. The result of this resolution would therefore have been invalid if it had been proposed and as such it was withdrawn.
The Company will shortly be writing to shareholders to convene a General Meeting to re-propose this as a special resolution as required by the Companies Act 2006.