20 Jan 2022 17:59
MJ Hudson Group plc
(the "Company", "Group" or "MJ Hudson")
Results of Annual General Meeting ("AGM")
MJ Hudson (AIM:MJH), the specialist service provider to the asset management industry, announces that at its Annual General Meeting held at 14:00 on Thursday 20 January 2022 at Forum 4, Greenville Street, St. Helier, Jersey JE4 8TQ, Channel Islands, all resolutions set out in the Notice of Annual General Meeting dated 16 December 2021 were duly passed by shareholders by means of a poll vote.
The AGM was run as a closed meeting due to restrictions on personal movement and social distancing measures implemented by the Governments of Jersey and UK.
Resolutions 1 to 10 (inclusive) were Ordinary Resolutions and Resolution 11 was a Special Resolution. A summary of the resolutions passed, and details of votes received are below:
RESOLUTION | VOTES FOR |
%age FOR | VOTES AGAINST |
%age AGAINST | VOTES TOTAL | % of ISC VOTED | VOTES WITHHELD | |
1 | To receive the Annual Report & Accounts for the year ended 30 June 2021 |
117,329,257 |
91.50
|
10,900,000
|
8.50
|
128,229,933
|
74.28
|
676
|
2 | Approval, upon recommendation from Directors, to pay a dividend of £215,785 | 128,229,933 | 100.00 | 0 | 0.00 | 128,229,933 | 74.28
|
0 |
3 | To receive the Directors' Remuneration Report |
110,449,326 | 87.69 | 15,499,431 | 12.31 |
128,229,933
| 74.28
| 2,281,176 |
4 | To re-elect Peter Connell as a Director | 128,228,834 | 100.00 | 423 | 0.00 | 128,229,933 | 74.28
| 676 |
5 | To re-elect Mark Hubert Pattimore as a Director | 128,228,834 | 100.00 | 423 | 0.00 | 128,229,933 | 74.28
| 676 |
6 | To re-elect Andreas Josef Tautscher as a Director | 117,328,834 | 91.50 | 10,900,423 | 8.50 | 128,229,933 | 74.28
| 676 |
7 | To appoint Ernst & Young (EY) as auditors | 126,307,257 | 98.50 | 1,922,000 | 1.50 | 128,229,933 | 74.28
| 676 |
8 | To authorise the Risk & Audit Committee to determine the auditors' remuneration | 128,229,257 | 100.00 | 0 | 0.00 | 128,229,933 | 74.28
| 676 |
9 | To authorise the Board to allot shares in accordance with the terms set out in the notice of annual general meeting | 128,216,123 | 99.99 | 13,134 | 0.01 | 128,229,933 | 74.28
| 676 |
10 | To authorise the Company to purchase its own shares in accordance with the terms set out in the notice of annual general meeting | 126,313,507 | 98.51 | 1,915,750 | 1.49 | 128,229,933 | 74.28
| 676 |
11
| To authorise Directors to disapply the statutory pre-emptions provisions in accordance with the terms set out in the notice of annual general meeting |
128,218,674 |
99.99
|
10,583
|
0.01
| 128,229,933 |
74.28
|
676
|
For further information contact:
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About MJ Hudson
MJ Hudson (MJH:L) is the one-stop-shop solutions provider to the US$100 trillion+ asset management industry, specialising in its fastest growing segment, private markets (including private equity and venture capital).
The Company offers investors access to the growth in private markets as a tech-enabled 'picks and shovels' play.
Founded in 2010, by CEO Matthew Hudson (a private markets lawyer and former fund manager), MJ Hudson was admitted to the AIM market of the London Stock Exchange in 2019. The Group has grown to more than 300 professionals, serving more than 1,000 clients, across the globe, including some of the industry's largest players and 18 of the FTSE 100.
Several factors have contributed to the Group's success, to date, and support strong growth expectations, for the future:
1. Private markets are growing fast, and MJ Hudson provides the picks and shovels
2. As private markets grow, so do scrutiny and regulation, increasing the need for the Group's specialist advice and services, particularly in areas like ESG, where it has award-winning solutions
3. As it evolves, the sector is increasingly embracing technology, data, and analytics, where MJ Hudson has market-leading and award-winning tools and in which it continues to invest
4. The Group's multi-service approach creates multiple client touchpoints, building stronger, longer-term relationships, and making it easier to sell in additional MJ Hudson services
5. Performing these services generates vast amounts of data, which MJ Hudson aggregates and analyses, in order to further support its clients, by developing next-generation tools and fine-tuning existing services
For more information, please visit our website: mjhudson.com/investors
Linkedin: www.linkedin.com/company/mj-hudson/
Twitter: www.twitter.com/MJHudsonCorp