Result of AGM

RNS Number : 6200X

Edinburgh Dragon Trust plc

08 December 2010

 



Edinburgh Dragon Trust plc

Annual General Meeting on 8 December 2010

Results of Resolutions at Annual General Meeting

At today's Annual General Meeting all resolutions were passed by shareholders. The proxy votes received in respect of the Annual General Meeting are shown in the following table:

ORDINARY BUSINESS	For (inc discretionary)	Against	Abstain
1  Approval of 2010 annual report	99,717,998	35,000	217,710
2 Approval of remuneration report	99,753,693	135,793	43,085
3 Approval of final dividend	99,965,485	176	4,593
4  Election of Mr McLaren	99,709,165	229,993	14,610
5  Re-election of Mr Frame	81,320,778	18,595,644	23,798
6  Re-election of Mr Lowrie	99,668,954	253,253	21,346
7  Re-election of Mr Watt	81,424,553	18,497,654	22,409
8  Re-appointment of KPMG Audit Plc	99,838,851	102,448	5,250
9  Auditors' remuneration	99,893,808	59,891	2,141
10 Section 551 Authority	99,776,522	148,355	32,931
11 Disapplication of pre-emption rights	99,618,033	216,407	122,376
SPECIAL BUSINESS
12 Share buyback authority	99,890,021	67,582	11,318
13 Allow notice period of 14 days	98,443,337	1,439,772	72,472

 

The total number of votes cast was 99.9 million.  Resolutions 1 - 10 were ordinary resolutions and Resolutions 11-13 were special resolutions.

A copy of the above proxy results has been submitted to the National Storage Mechanism and will shortly be available for inspection at: www.Hemscott.com/nsm.do.  The document is also available for download from the Company's website, www.edinburghdragon.co.uk

Board

As previously announced, Mr Tyrie resigned from the Board at the conclusion of the annual general meeting. 

Gearing

As reported in the 2010 Annual Report, the Board have been considering future gearing options for the Company and an announcement will be made on 9 December 2010. 

For Edinburgh Dragon Trust plc

Aberdeen Asset Managers Limited, Secretary

 

END

 

 

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