Last checked at 15 Dec 2023 16:14
Annual General Meeting
Schroder BSC Social Impact Trust plc (the "Company") announces that at the Annual General Meeting held today, 15 December 2023, all 13 resolutions were duly passed on a poll.
The full text of the resolutions can be found in the Notice of Annual General Meeting set out in the Annual Report and Accounts for the year ended 30 June 2023, which has previously been submitted to the National Storage Mechanism.
Proxy votes received in respect of the resolutions were as follows:
Resolution | Votes for (including discretionary votes) | % | Votes against | % | Withheld | Total Votes Cast (excludes Votes Withheld) | % of Issued Share Capital voted | |
1 | To receive the Annual Report & Accounts | 65,924,266 | 100.00 | 0 | 0.00 | 0 | 65,924,266 | 78.65 |
2 | To authorise the Company's payment of interim dividends | 65,924,266 | 100.00 | 0 | 0.00 | 0 | 65,924,266 | 78.65 |
3 | To approve Directors' Remuneration report | 65,924,266 | 100.00 | 0 | 0.00 | 0 | 65,924,266 | 78.65 |
4 | To re-elect Susannah Nicklin | 65,924,266 | 100.00 | 0 | 0.00 | 0 | 65,924,266 | 78.65 |
5 | To re-elect Mike Balfour | 65,924,266 | 100.00 | 0 | 0.00 | 0 | 65,924,266 | 78.65 |
6 | To re-elect James B. Broderick | 65,924,266 | 100.00 | 0 | 0.00 | 0 | 65,924,266 | 78.65 |
7 | To re-elect Alice Chapple | 65,924,266 | 100.00 | 0 | 0.00 | 0 | 65,924,266 | 78.65 |
8 | To re-appoint BDO LLP as auditor to the Company | 65,924,266 | 100.00 | 0 | 0.00 | 0 | 65,924,266 | 78.65 |
9 | To authorise the Directors to determine the auditor's remuneration | 65,924,266 | 100.00 | 0 | 0.00 | 0 | 65,924,266 | 78.65 |
10 | To renew the authority to allot shares | 65,919,266 | 100.00 | 0 | 0.00 | 5,000 | 65,919,266 | 78.65 |
11* | To approve the disapplication of pre-emption rights | 65,919,266 | 100.00 | 0 | 0.00 | 5,000 | 65,919,266 | 78.65 |
12* | To renew the authority to purchase own shares | 65,924,266 | 100.00 | 0 | 0.00 | 0 | 65,924,266 | 78.65 |
13* | To approve that a general meeting, other than an annual general meeting, may be called on not less than 14 clear days' notice | 65,924,266 | 100.00 | 0 | 0.00 | 0 | 65,924,266 | 78.65 |
*Resolutions 11 to 13 were passed as special resolutions.
Shareholders are entitled to one vote per share. Votes withheld are not a vote in law and are therefore not counted in the calculation of the percentages of the votes cast for and against a resolution. Where shareholders appointed the Chairman as their proxy with discretion as to voting, their votes were cast in favour of the resolutions and their shares have been included in the "votes for" column.
The total issued share capital consists of 85,316,586 ordinary shares of £0.01 each, which includes 1,541,274 ordinary shares held in treasury. Treasury shares do not carry voting rights, therefore the total number voting rights in the Company is 83,775,312.
In accordance with LR 9.6.2, a copy of the resolutions passed, other than resolutions concerning ordinary business, at today's AGM will be submitted to the National Storage Mechanism and will be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.