24 Jan 2017 14:18
Standard Life European Private Equity Trust PLC
To: RNS
From: Standard Life European Private Equity Trust PLC
Date: 24 January 2017
RESULT OF ANNUAL GENERAL MEETING
The Board is pleased to announce that at the Annual General Meeting ("AGM") held on 24 January 2017, all resolutions set out in the Notice of Annual General Meeting put to the AGM were passed by the requisite majority on a show of hands.
The Board is pleased to announce the following proxy results of the resolutions put forward at the AGM.
Ordinary Resolutions | Votes For (inc. discretionary) | Votes Against | Votes Withheld | Total Votes | |
1. | That the audited Annual Report and Financial Statements for the year ended 30 September 2016 be received. | 95,662,249 | 0 | 406 | 95,662,655 |
2. | That the Directors' Fees Policy for the three years ended 30 September 2019 be approved. | 95,655,867 | 1,080 | 5,708 | 95,662,655 |
3. | That the Directors' remuneration report for the year ended 30 September 2016 be approved. | 95,655,867 | 1,080 | 5,708 | 95,662,655 |
4. | That a final dividend of 3.6p per ordinary share be approved. | 95,662,249 | 0 | 406 | 95,662,655 |
5. | That Mr Barbour be re-elected as a Director. | 95,659,148 | 893 | 2,614 | 95,662,655 |
6. | That Mr Devine be re-elected as a Director. | 95,661,126 | 893 | 636 | 95,662,655 |
7. | That Ms McComb be re-elected as a Director. | 95,660,311 | 1,708 | 636 | 95,662,655 |
8. | That Mr Warner be re-elected as a Director. | 95,654,061 | 1,708 | 6,886 | 95,662,655 |
9. | That Mr Warnock be re-elected as a Director. | 95,661,126 | 893 | 636 | 95,662,655 |
10. | That KPMG LLP be appointed as Independent Auditor and that their remuneration be fixed by the Directors. | 95,662,105 | 144 | 406 | 95,662,655 |
11. | That the Directors be authorised to allot shares in the Company up to an aggregate nominal amount of £102,395. | 95,658,051 | 3,968 | 636 | 95,662,655 |
Special Resolutions | Votes For (inc. discretionary) | Votes Against | Votes Withheld | Total Votes | |
12. | That the Directors be authorised to allot equity securities for cash in accordance with section 570 of the Companies Act 2006 (disapplication of pre-emption rights). | 95,659,995 | 2,024 | 636 | 95,662,655 |
13. | That the Company be authorised to buy-back shares of up to 14.99% of the Company's issued ordinary share capital. | 95,661,271 | 978 | 406 | 95,662,655 |
Ordinary Resolution | |||||
141. | That the changes to the Company's investment objective and policy be approved. | 22,688,482 | 187 | 72,973,986 | 95,662,655 |
Special Resolution | |||||
151&2. | That the name of the Company be changed to Standard Life Private Equity Trust PLC. | 22,770,524 | 0 | 72,892,131 | 95,662,655 |
PASSING OF RESOLUTIONS AT THE AGM OF THE COMPANY
A copy of the AGM resolutions which require to be lodged with the UKLA have been submitted to the National Storage Mechanism (NSM) and will shortly be available for inspection at http://www.morningstar.co.uk/uk/NSM3.
Maven Capital Partners UK LLP, Secretary
24 January 2017
1 Standard Life affiliated entities have abstained from voting on resolutions 14 & 15 as a matter of good corporate governance
2 The Company's name and subsequent ticker change are expected to take effect on 1 February 2017, a further announcement will be made in due course.
3 Neither the NSM website nor the Company's website nor the content of any website accessible from hyperlinks on those websites (or any other website) is (or is deemed to be) incorporated into, or forms (or is deemed to form) part of this announcement.