Last checked at 
3 May 2022 16:28
Smithson Investment Trust plc
Legal Entity Identified: 52990070BDK2OKX5TH79
Results of AGM - 3 May 2022
Smithson Investment Trust plc (the "Company") is pleased to announce that all the resolutions put forward at its Annual General Meeting held earlier today were passed.
The text of all the resolutions is contained in the Notice of Annual General Meeting published on the Company's website (www.smithson.co.uk).
The proxy votes received were as follows:
Resolution | In Favour / Discretionary | Against | Withheld
| |||
Votes | % | Votes | % | Votes | ||
1. | To receive and adopt the Annual Report and Accounts. | 48,959,792 | 99.99 | 2,084 | 0.01 | 55,915 |
2. | To approve the Directors Remuneration Report. | 48,422,869 | 98.92 | 530,511 | 1.08 | 64,411 |
3. | To re-elect Diana Dyer Bartlett as a Director of the Company. | 44,237,652 | 98.75 | 560,028 | 1.25 | 4,220,111 |
4. | To re-elect Lord St John of Bletso as a Director of the Company. | 45,541,497 | 93.03 | 3,414,081 | 6.97 | 62,213 |
5. | To elect Jeremy Attard-Manche as a Director of the Company. | 48,917,482 | 99.93 | 36,301 | 0.07 | 64,008 |
6. | To re-appoint Deloitte LLP as auditor to the Company. | 48,918,603 | 99.93 | 35,760 | 0.07 | 63,428 |
7. | To authorise the Directors to fix the remuneration of the auditor until the conclusion of the next Annual General Meeting of the Company. | 48,758,520 | 99.60 | 194,402 | 0.40 | 64,869 |
8. | That the Company's Investment Policy wording be amended to "The Company's investment policy is to invest in shares issued by small and mid-sized listed or traded companies globally with a market capitalisation (at the time of initial investment) of between £500 million to £15 billion". | 48,946,121 | 99.98 | 10,963 | 0.02 | 60,707 |
9. | To authorise the Directors to allot securities in the Company up to an amount representing 10% of the issued share capital. | 48,935,857 | 99.96 | 21,947 | 0.04 | 59,987 |
10. | To authorise the Directors to allot securities in the Company up to an additional amount representing 10% of the issued share capital. | 48,930,947 | 99.95 | 25,422 | 0.05 | 61,422 |
11. | To disapply the pre-emption rights in relation to the allotment of shares up to an amount representing 10% of the issued share capital. * | 48,904,725 | 99.89 | 53,419 | 0.11 | 59,647 |
12. | To disapply the pre-emption rights in relation to the allotment of shares up to an additional amount representing 10% of the issued share capital. * | 47,633,400 | 97.29 | 1,324,744 | 2.71 | 59,647 |
13. | To authorise the Company to make market purchases of ordinary shares in the Company. * | 48,938,522 | 99.96 | 22,023 | 0.04 | 57,246 |
14. | That the Directors be authorised to call general meetings (other than annual general meetings) on not less than 14 clear days' notice. * | 48,653,752 | 99.37 | 306,735 | 0.63 | 57,304 |
*Special resolution
On the record date for voting at the meeting, the Company's issued ordinary share capital comprised 177,107,958 ordinary shares and this was the total number of ordinary shares with voting rights in the Company.
Copies of all the resolutions passed, other than ordinary business, will be submitted to the National Storage Mechanism and will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism
3 May 2022
Enquiries
Sanne Fund Services (UK) Limited
Company Secretary
Contact David Rice
020 3327 9720