ICG Enterprise Trust Plc: Results of Annual General Meeting

17 Jun 2020 15:55

ICG Enterprise Trust Plc: Results of Annual General Meeting

ICG ENTERPRISE TRUST PLC ("the Company")

RESULTS OF ANNUAL GENERAL MEETING

The Company is pleased to announce that at the Annual General Meeting held on 17 June 2020 all resolutions were passed on a show of hands.

Resolutions 1 to 12 related to Ordinary Business. Resolutions 13 to 15 related to Special Business, as set out below:

Resolution 13: To authorise the Directors to allot either new shares or shares held in treasury for cash, disapplying pre-emption rights.

Resolution 14: To authorise the Directors pursuant to section 701 of the Companies Act 2006 to make market purchases of up to 14.99% of the Company's own Ordinary shares.

Resolution 15: To allow the Company to call a General Meeting with not less than 14 days’ notice.

Details of the proxy votes in respect of the resolutions passed at the Annual General Meeting received up to 48 business hours before the time of the Meeting by the Company's registrar, Computershare, are set out below:

Resolution	For (no. of votes)	Discretion of Chairman (no. of votes)	Discretion of Third Parties (no. of votes)	Against (no. of votes)	Total Votes (no. of votes)	For, or at discretion of Chairman (% of Total Votes)	*Abstention (no. of votes)
1. To receive and adopt the reports of the directors and auditors and the Company's accounts	20,342,083	20,909	0	14,463	20,377,455	99.93	19,563
2. To declare a final dividend	20,305,008	20,909	0	40,998	20,366,915	99.8	30,102
3. To re-elect J. Tufnell as a director	19,881,430	20,909	0	403,790	20,306,129	98.01	90,887
4. To re-elect A. Bruce as a director	20,134,808	20,909	0	148,806	20,304,523	99.27	92,494
5. To re-elect S. Pajarola as a director	20,013,674	20,909	0	259,863	20,294,446	98.72	102,571
6. To re-elect L. Riches as a director	20,130,828	23,762	0	148,638	20,303,228	99.27	93,789
7. To elect G. Fusenig as a director	20,085,203	20,909	0	188,936	20,295,048	99.07	101,969
8. To appoint the auditors	20,162,833	15,947	0	153,162	20,331,942	99.25	65,074
9. To fix the remuneration of the auditors	20,184,574	21,511	0	110,073	20,316,158	99.46	80,859
10. To approve the Remuneration Report	19,517,653	21,511	0	274,317	19,813,481	98.62	583,534
11. To approve the Remuneration Policy	19,855,520	21,511	0	290,607	20,167,638	98.56	229,378
12. To give the directors authority to allot shares	20,106,836	26,511	0	165,500	20,298,847	99.18	98,169
13. To disapply pre-emption rights	19,989,752	21,511	0	223,509	20,234,772	98.9	162,245
14. To authorise the Company to purchase its own shares	19,668,829	21,511	0	543,032	20,233,372	97.32	163,645
15. To call a General Meeting with not less than 14 days’ notice	19,915,649	21,511	0	397,159	20,334,319	98.05	62,697

*'Abstention' is not a vote in law and is not counted in the calculation of the proportion of the votes 'For' and 'Against' a resolution.

In accordance with LR 9.6.2 of the UK Listing Authority, the Company has submitted copies of the special resolutions passed at its Annual General Meeting to the National Storage Mechanism which will shortly be available for inspection at https://www.fca.org.uk/markets/primary-markets/regulatory-disclosures/national-storage-mechanism.