Result of AGM

RNS Number : 4378D

Polar Capital Global Financials Tst

26 April 2017

 

Polar Capital Global Financials Trust plc ("the Company")

Results of the 4^th Annual General Meeting held at 12.00pm on Wednesday 26 April 2017

AGM Presentation

A presentation on the investment performance of the Company was given by Mr. Nick Brind, covering the portfolio and markets and including information on the portfolio as at 31 March 2017. A copy of this presentation will be available from the Company's website: www.polarcapitalglobalfinancialstrust.co.uk 

AGM Results

All the resolutions proposed at the Annual General Meeting of the Company were passed unanimously on a show of hands.

The following table indicates the number of proxy votes lodged in advance of the meeting for each of the resolutions. It should be noted that votes withheld do not constitute votes in law.

The number of ordinary shares in issue at the date of the AGM was 172,175,000.

In accordance with Listing Rule 9.6.2, copies of resolutions 10, 11, and 12 having been passed as special resolutions will be submitted to Companies House, as well as the National Storage Mechanism, and will shortly be available for inspection at www.Hemscott.com/nsm.do 

All of the resolutions proposed at the annual general meeting are set out in the AGM Notice of Meeting which is available on the Company's website at: www.polarcapitalglobalfinancialstrust.com.

Resolution		In favour (including votes at the chairman's discretion)	Against	Withheld
No		Number of shares	Number of shares	Number of shares
1	To receive the Annual Report and the Financial Statements for the year ended 30 November 2016	56,153,446	0	6,000
2	To receive and approve the Directors' remuneration policy and report	56,149,551	9,895	0
3	To receive and approve the Directors' Remuneration Implementation Report	56,149,551	9,895	0
4	To re-appoint Robert Kyprianou as a Director of the Company	56,159,446	0	0
5	To re-appoint Joanne Elliott as a Director of the Company	56,159,446	0	0
6	To re-appoint Katrina Hart as a Director of the Company	56,153,446	6,000	0
7	To re-appoint PricewaterhouseCoopers LLP as auditors	56,152,446	1,000	0
8	To authorise the Directors to determine the auditors' remuneration	56,152,446	0	1,000
9	To authorise the Directors to exercise all powers of the Company to allot shares in the Company	56,152,446	0	1,000
10	To authorise the Directors to allot equity securities	55,951,446	208,000	0
11	To grant the Company authority to make market purchases of ordinary shares	56,153,446	6,000	0
12	To grant the Company authority to make market purchases of subscription shares	56,149,605	9,841	0

Enquiries:

S E Allen

Polar Capital Global Financials Trust PLC

020 7227 2700

26 April 2017

END

Neither the contents of the Company's website nor the contents of any website accessible from hyperlinks on the Company's website (or any other website) is incorporated into, or forms part of, this announcement.

 

END

 

 

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