Result of AGM

RNS Number : 4814J

Polar Capital Technology Trust PLC

09 September 2016

 

Polar Capital Technology Trust plc ("the Company")

Results of the 20th Annual General Meeting held at 14.30 on 9 September 2016

AGM Presentation

A presentation on the investment performance of the Company was given by Mr. Ben Rogoff, covering the portfolio and markets and including information on the portfolio. A copy of this presentation will be available shortly from the Company's website: www.polarcapitaltechnologytrust.co.uk along with a video of Mr Rogoff's talk.

AGM Results

Polar Capital Technology Trust plc (the "Company") announces that at the Annual General Meeting held earlier today that all the resolutions were passed on a show of hands.  Mr. Rupert Montagu retired as a director not having sought re-election.  Mr. Peter Hames became the Senior Independent Director from the conclusion of the meeting and Ms. Charlotta Ginman was appointed to the Remuneration Committee.

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 132,336,159.

In accordance with Listing Rule 9.6.2, copies of resolutions 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.polarcapitaltechnologytrust.co.uk          

Resolution		In favour		Discretionary	Against	Withheld
No		Number of shares		Number of shares	Number of shares	Number of shares
1	To receive and consider the Annual Report and the Audited Financial Statements for the year ended 30 April 2016		37,512,377	90,040	4,270	24,719
2	To receive and approve the Directors' Remuneration Implementation  report for the year ended 30 April 2016		36,997,647	87,540	223,589	322,630
3	To re-elect  Mr Moule as a  Director		37,403,919	91,026	104,740	31,721
4	To re-elect  Mr Ashford-Russell as a  Director		37,339,055	91,026	172,791	28,534
5	To re-elect Mrs Bates as a Director		37,394,953	93,112	102,384	40,957
6	To re-elect  Mr Hames as a Director		37,340,506	91,026	146,469	53,405
7	To re-elect Ms Ginman as a Director		37,344,106	91,026	157,327	38,947
8	To re-appoint PricewaterhouseCoopers  LLP as auditors to the Company		37,287,477	88,526	224,924	30,479
9	To authorise the Directors to determine the auditors' remuneration		37,346,502	86,126	68,688	130,090
10	To authorise the allotment of unissued shares		37,430,439	91,785	89,349	19,833
11	To authorise the allotment of shares on a non pre-emptive basis		37,150,049	90,251	250,681	140,425
12	To grant the company authority to make market purchases of its own ordinary shares		37,376,830	88,526	60,914	105,136

Enquiries:

N P Taylor

Polar Capital Technology Trust PLC

020 7227 2700

9 September 2016

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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