Result of AGM

RNS Number : 9938U

Standard Life Euro Pri Eqty Tst PLC

24 January 2017

 

Standard Life European Private Equity Trust PLC

To:                   RNS

From:                Standard Life European Private Equity Trust PLC

Date:                24 January 2017

RESULT OF ANNUAL GENERAL MEETING

The Board is pleased to announce that at the Annual General Meeting ("AGM") held on 24 January 2017, all resolutions set out in the Notice of Annual General Meeting put to the AGM were passed by the requisite majority on a show of hands.

The Board is pleased to announce the following proxy results of the resolutions put forward at the AGM.

	Ordinary Resolutions	Votes For (inc. discretionary)	Votes Against	Votes Withheld	Total Votes
1.	That the audited Annual Report and Financial Statements for the year ended 30 September 2016 be received.	95,662,249	0	406	95,662,655
2.	That the Directors' Fees Policy for the three years ended 30 September 2019 be approved.	95,655,867	1,080	5,708	95,662,655
3.	That the Directors' remuneration report for the year ended 30 September 2016 be approved.	95,655,867	1,080	5,708	95,662,655
4.	That a final dividend of 3.6p per ordinary share be approved.	95,662,249	0	406	95,662,655
5.	That Mr Barbour be re-elected as a Director.	95,659,148	893	2,614	95,662,655
6.	That Mr Devine be re-elected as a Director.	95,661,126	893	636	95,662,655
7.	That Ms McComb be re-elected as a Director.	95,660,311	1,708	636	95,662,655
8.	That Mr Warner be re-elected as a Director.	95,654,061	1,708	6,886	95,662,655
9.	That Mr Warnock be re-elected as a Director.	95,661,126	893	636	95,662,655
10.	That KPMG LLP be appointed as Independent Auditor and that their remuneration be fixed by the Directors.	95,662,105	144	406	95,662,655
11.	That the Directors be authorised to allot shares in the Company up to an aggregate nominal amount of £102,395.	95,658,051	3,968	636	95,662,655

	Special Resolutions	Votes For (inc. discretionary)	Votes Against	Votes Withheld	Total Votes
12.	That the Directors be authorised to allot equity securities for cash in accordance with section 570 of the Companies Act 2006 (disapplication of pre-emption rights).	95,659,995	2,024	636	95,662,655
13.	That the Company be authorised to buy-back shares of up to 14.99% of the Company's issued ordinary share capital.	95,661,271	978	406	95,662,655
	Ordinary Resolution
141.	That the changes to the Company's investment objective and policy be approved.	22,688,482	187	72,973,986	95,662,655
	Special Resolution
151&2.	That the name of the Company be changed to Standard Life Private Equity Trust PLC.	22,770,524	0	72,892,131	95,662,655

 

PASSING OF RESOLUTIONS AT THE AGM OF THE COMPANY

A copy of the AGM resolutions which require to be lodged with the UKLA have been submitted to the National Storage Mechanism (NSM) and will shortly be available for inspection at http://www.morningstar.co.uk/uk/NSM³.

Maven Capital Partners UK LLP, Secretary

24 January 2017

¹ Standard Life affiliated entities have abstained from voting on resolutions 14 & 15 as a matter of good corporate governance

² The Company's name and subsequent ticker change are expected to take effect on 1 February 2017, a further announcement will be made in due course. 

³ Neither the NSM website nor the Company's website nor the content of any website accessible from hyperlinks on those websites (or any other website) is (or is deemed to be) incorporated into, or forms (or is deemed to form) part of this announcement. 

 

END

 

 

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