Result of AGM

BioPharma Credit PLC
30 May 2023
 

BIOPHARMA CREDIT PLC

 

(THE "COMPANY")

 

 

RESULT OF 2023 ANNUAL GENERAL MEETING

 

The Company is pleased to announce that, at the Annual General Meeting held today, all resolutions put to the meeting were passed by way of a poll.

 

 

Resolutions

Votes

For

%

Votes Against

%

Votes Withheld1

1: To receive and accept the annual report and financial statements

584,028,016

100.00%

0

0.00%

0

2: To approve the Directors' Remuneration Report

583,832,967

99.98%

132,056

0.02%

62,993

3: To re-elect Harry Hyman as a Director

509,140,483

87.18%

74,848,533

12.82%

39,000

4: To re-elect Colin Bond as a Director

583,961,133

100.00%

22,183

0.00%

44,700

5: To re-elect Duncan Budge as a Director

506,318,657

86.70%

77,664,659

13.30%

44,700

6: To re-elect Stephanie Léouzon as a Director

583,960,840

100.00%

22,476

0.00%

44,700

7: To re-elect Rolf Soderstrom as a Director

583,977,236

100.00%

6,080

0.00%

44,700

8: To elect Sapna Shah as a Director

583,973,133

100.00%

8,683

0.00%

46,200

9: To re-appoint Ernst & Young LLP as Auditor to the Company

572,909,389

98.10%

11,112,627

1.90%

6,000

10: To authorise the Directors to determine the remuneration of the Auditor

583,954,933

100.00%

20,060

0.00%

53,023

11: To approve the Company's dividend payment policy

573,028,016

98.12%

11,000,000

1.88%

0

12: To authorise the allotment of shares by the Company

582,922,005

100.00%

25,280

0.00%

1,080,731

13: To authorise the disapplication of pre-emption rights

556,590,025

95.48%

26,367,212

4.52%

1,070,779

14: To authorise the Company to make market purchases

of ordinary shares

509,047,631

87.32%

73,929,283

12.68%

1,051,102

15: To authorise the Company to hold general meetings

on 14 clear days' notice

583,949,781

99.99%

78,235

0.01%

0

 

1.     A 'vote withheld' is not a vote under English law and is not counted in the calculation of votes 'for' or 'against' a resolution.

 

Copies of resolutions 12 to 15 have been submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

 

30 May 2023

 

 

Enquiries

 

BioPharma Credit plc

 

via Link Company Matters Limited

 

Company Secretary

 

T. +44 (0) 333 300 1950  

 

Buchanan

 

David Rydell / Mark Court / Jamie Hooper / Henry Wilson

 

+44 (0) 20 7466 5000

 

biopharmacredit@buchanan.uk.com

 

 

 

Notes to Editors:

 

BioPharma Credit PLC is London's only listed specialist investor in debt from the life sciences industry and joined the LSE on 27 March 2017. The Company seeks to provide long-term shareholder returns, principally in the form of sustainable income distributions from exposure to the life sciences industry. The Company seeks to achieve this objective primarily through investments in debt assets secured by royalties or other cash flows derived from the sales of approved life sciences products.

 

 

 

LEI: 213800AV55PYXAS7SY24

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