AGM Statement

RNS Number : 3328F

Graphite Enterprise Trust PLC

14 June 2012

 



GRAPHITE ENTERPRISE TRUST PLC ("the Company")

 

RESULTS OF ANNUAL GENERAL MEETING

 

14 JUNE 2012

 

The Company is pleased to announce that at the Annual General Meeting held on 11 June 2012 all resolutions were passed on a show of hands.

Resolutions 1 to 9 related to Ordinary Business.  Resolutions 10 to 13 related to Special Business, as set out below:

Resolution 10: To authorise the Directors to allot either new shares or shares held in treasury for cash, disapplying pre-emption rights.

Resolution 11: 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 12: To allow the Company to call a General Meeting with not less than 14 days notice.

Resolution 13: To authorise the Company to amend its Articles of Association, so as to allow the Company to make distributions of capital profits.

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

	For	Discretion of the Chairman	Against		% for or at discretion of the Chairman	Abstentions
Resolution No.	No. of Votes	No. of Votes	No. of Votes	Total Votes	%	No. of Votes
1. To receive and adopt the Report & Accounts.	24,298,683	11,094	99,476	24,409,253	99.6%	36,355
2. To declare a dividend of 5.0p.	24,380,012	11,094	65,006	24,456,112	99.7%	11,225
3. To elect L. Riches as a new Director.	24,042,351	25,142	219,838	24,287,331	99.1%	153,258
4. To re-elect P. Dicks as a Director.	23,689,346	25,142	298,190	24,012,678	98.8%	437,197
5. To re-elect M. Cumming as a Director.	23,961,095	25,142	316,222	24,302,459	98.7%	143,470
6. To re-elect M. Fane as a Director.	24,025,622	25,142	256,822	24,307,586	98.9%	141,152
7. To re-appoint the Auditors.	23,981,510	25,142	285,740	24,292,392	98.8%	163,322
8. To approve the Directors' Remuneration Report.	23,501,754	11,094	588,133	24,100,981	97.6%	330,648
9. To authorise the Directors to allot shares.	23,917,286	28,002	397,683	24,342,971	98.4%	112,635
10. To disapply pre-emption rights.	23,547,145	12,824	573,864	24,133,833	97.6%	238,736
11. To authorise the Company to purchase its own shares.	23,991,860	14,094	280,628	24,286,582	98.8%	96,102
12. To call a General Meeting with not less than 14 days notice.	23,926,973	11,094	347,435	24,285,502	98.6%	89,865
13. To amend and adopt the revised Articles of Association.	23,983,089	11,094	306,114	24,300,297	98.7%	55,111

Copies of resolutions passed at the Annual General Meeting on 11 June 2012 concerning items other than ordinary business will be submitted to the National Storage Mechanism. These documents will shortly be available for inspection at www.Hemscott.com/nsm.do

END

For further information please contact:

Colm Walsh   020 7825 5300

 

END

 

 

AGMBKNDKFBKDNAD