AGM Results

RNS Number : 5936I

RIT Capital Partners PLC

26 July 2012

 



RIT Capital Partners plc

26 July 2012

ANNUAL GENERAL MEETING

The Annual General Meeting of RIT Capital Partners plc was held on Thursday 26 July 2012

Three resolutions were withdrawn, as indicated below.  All other resolutions as set out in the Notice of Meeting dated 31 May 2012 were passed, and prints of the items of special business past will shortly be available for inspection on the National Storage Mechanism.

The proxy votes cast on each resolution were as follows:

		FOR/		VOTES
RESOLUTION		DISCRETIONARY	AGAINST	WITHHELD
ORDINARY BUSINESS:
1.	Approval of the Directors' Report and Accounts
	for the year ended 31 March 2012	55,714,757	398,375	44,137
2.	Approval of the Directors' Remuneration Report
	for the year ended 31 March 2012	55,106,518	601,547	448,083
3.	To approve the final dividend	56,124,871	20,696	11,702
4.	Re-election of Lord Rothschild as a Director	51,880,345	1,426,600	2,850,322
5.	Re-election of Mikael Breuer-Weil as a Director	RESOLUTION WITHDRAWN
6.	Re-election of John Cornish as a Director	56,059,335	48,874	49,061
7.	Re-election of Lord Douro as a Director	55,592,572	311,029	253,668
8.	Election of Jean Laurent-Bellue as a Director	55,282,117	811,712	63,441
9.	Re-election of James Leigh-Pemberton as a
	Director	54,073,403	1,831,872	251,993
10.	Re-election of Michael Marks as a Director	54,353,892	1,753,776	49,603
11.	Re-election of Lord Myners as a Director	55,985,241	127,991	44,037
12.	Re-election of Sandra Robertson as a Director	54,103,058	1,802,122	252,089
13.	Re-election of Rick Sopher as a Director	RESOLUTION WITHDRAWN
14.	Election of Bill Winters as a Director	RESOLUTION WITHDRAWN
15.	Re-appointment of PricewaterhouseCoopers LLP
	as auditors	50,953,908	460,217	4,740,846
16.	To authorise the Directors to fix the remuneration
	of the auditors	56,065,039	47,645	44,586
SPECIAL BUSINESS:
17.	To renew the power to allot equity securities	55,999,667	70,079	87,524
18.	To authorise the Directors to allot equity securities
	for cash.	56,026,447	72,626	58,197
19.	To renew the authority to repurchase up to 14.99
	per cent. of the Company's issued share capital	56,022,848	88,424	45,998
20.	To change the notice period for general meetings
	other than annual general meetings to 14 days	55,757,181	346,361	53,728
21.	To amend Article of Association no. 118	56,024,600	73,135	59,534

Resolutions 1 to 17 were passed as ordinary resolutions and resolutions 18 to 21 were passed as special resolutions.

DIVIDEND

Following the passing of resolutions 3 and 21, the payment of the dividends announced on 31 May 2012 is confirmed.

A dividend of 28p per £1 ordinary share will be paid on 24 August to shareholders on the register at 15 June 2012.

This dividend consists of a final dividend of 8p per share in respect of the year ended 31 March 2012 and an interim dividend of 20p in respect of the nine month period to 31 December 2012.

 

END

 

 

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