Result of AGM

RNS Number : 2475F

Herald Investment Trust PLC

22 April 2014

 



HERALD INVESTMENT TRUST plc

ANNUAL GENERAL MEETING

TUESDAY 22 APRIL 2014

Results of Proxy Voting

Herald Investment Trust plc confirms that the following proxy votes were received ahead of its annual general meeting held this morning.

Total valid proxies received based on resolution 1 - 27,138,825 (representing 34.9% of the total voting rights in issue).

The percentage of those votes expressed to be in favour of each resolution (or where discretion was given to the Chairman of the meeting or another person, in which case it is assumed that those votes would also have been declared in favour) are set out below:

Resolution No.

 

1          To receive the strategic and directors' report and the report and accounts for the year ended 31 December 2013 - 99.85%

2          To approve the Company's remuneration policy for the three years commencing 22 April 2014 - 99.75%           

 

3          To approve the directors' remuneration report for the year ended 31            December 2013 - 99.88%           

4          To re-elect Mr C J Cazalet as a director - 99.98%

5          To re-elect Mr D C P McDougall as a director - 99.98%

6          To re-elect Mr S W Newton as a director - 99.98%

7          To elect Dr T J Black as a director - 99.99%

8          To re-appoint Ernst & Young LLP as auditors - 99.87%

 

9          To authorise the directors to determine the remuneration of the auditors -             99.96%

 

10        To renew the Company's general authority to make market purchases of its own shares - 99.91%           

All resolutions were approved by the required majority. Resolutions 1 to 9 were proposed and passed as ordinary resolutions. Resolution 10 was proposed and passed as a special resolution requiring a 75% majority.

A copy of resolution 10, being a special resolution, will shortly be issued to the National Storage Mechanism where in due course it may be viewed free of charge.

A fuller analysis of the above proxy votes will shortly available at the following website:

http://www.heralduk.com/funds/hit/financials

At the conclusion of the AGM, as previously announced, Tim Curtis retired as a director.

Law Debenture Corporate Services Limited

Company Secretary

Contact:          Ian Bowden     020 7696 5285

Herald Investment Trust plc is registered in England at 10-11 Charterhouse Square, London, EC1M 6EE, company registration number 2879728.

22 April 2014

 

END

 

 

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