Result of AGM
Summary by AI BETAClose X
North Atlantic Smaller Companies Investment Trust PLC
("NASCIT", "the Company")
Result of Annual General Meeting
The Company announces that at the Annual General Meeting (the "Meeting") of the Company held on 11 June 2026, all of the resolutions, as set out in full in the notice of the Meeting dated 18 May 2026 (the "Notice"), were duly passed as set below:
Total votes received (including proxy and poll votes):
|
Resolution |
For |
% (of votes cast exl. withheld) |
Against |
% (of votes cast exl. withheld |
Votes Withheld |
|
1 |
75,283,897 |
99.99% |
475 |
0.01% |
117 |
|
2 |
71,918,290 |
95.56% |
3,343,250 |
4.44% |
22,949 |
|
3 |
72,691,211 |
96.56% |
2,592,818 |
3.44% |
460 |
|
4 |
71,719,146 |
95.28% |
3,552,683 |
4.72% |
12,660 |
|
5 |
74,762,159 |
99.31% |
519,670 |
0.69% |
2,660 |
|
6 |
75,165,280 |
99.85% |
116,549 |
0.15% |
2,660 |
|
7 |
70,485,667 |
93.63% |
4,796,162 |
6.37% |
2,660 |
|
8 |
74,758,209 |
99.30% |
523,620 |
0.70% |
2,660 |
|
9 |
70,324,749 |
93.61% |
4,803,130 |
6.39% |
156,610 |
|
10 |
75,269,397 |
99.98% |
14,975 |
0.02% |
117 |
|
11 |
75,275,160 |
99.99% |
8,978 |
0.01% |
351 |
|
12 |
75,222,235 |
99.92% |
58,393 |
0.08% |
3,861 |
|
13 |
75,085,991 |
99.74% |
194,607 |
0.26% |
3,891 |
|
14 |
74,631,553 |
99.18% |
620,109 |
0.82% |
32,827 |
|
15 |
75,231,582 |
99.93% |
52,789 |
0.07% |
118 |
|
16 |
32,971,800 |
97.31% |
910,661 |
2.69% |
41,688,225 |
* Resolution 16 was put to the Meeting as a resolution of the independent shareholders of the Company. As a result, 85,696,790 of the ordinary shares in issue were eligible to vote on this resolution, these shares not being held by the Concert Party (as defined in the Notice). The waiver of Rule 9 granted by Resolution 16 permits the Concert Party's interest in the Company's shares to increase from 32.467% to a maximum of 36.074% (in each case representing 41,653,210 ordinary shares) as a result of the share buyback authorised by Resolution 14 without requiring the Concert Party to make a mandatory offer for the other shareholders' shares. The results of the poll vote on this Resolution 16 were 32,971,800 votes for, 910,661 against, therefore with 97.31% in favour of the resolution.
Enquiries:
Ben Harber, Company Secretary
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