Result of AGM & Directorate Changes
Summary by AI BETAClose X
HgCapital Trust plc
(the "Company", "HgT")
Legal Entity Identifier: 213800J7QUJJBEFSIN38
7 May 2026
Annual General Meeting ("AGM") Results & Directorate Changes
The Company announces that at its Annual General Meeting held earlier today all the resolutions set out in the Notice of Annual General Meeting were passed. All resolutions were voted on by way of a poll. The results of the poll for each resolution were as follows:
|
|
For (No. of shares) |
For (%) |
Against (No. of shares) |
Against (%) |
Votes Withheld (No. of shares) |
Total Votes |
Issued Share Capital voted (%) |
|
1. To receive the Annual Report and Financial Statements. |
237,516,026 |
99.99% |
14,219 |
0.01% |
207,236 |
237,530,245 |
52.44% |
|
2. To approve the Directors' Remuneration Report. |
237,057,637 |
99.85% |
367,544 |
0.15% |
312,300 |
237,425,181 |
52.41% |
|
3. To approve the Directors' Remuneration Policy. |
192,338,984 |
99.79% |
406,401 |
0.21% |
44,992,096 |
192,745,385 |
42.55% |
|
4. To approve a final dividend of 3 pence per share. |
236,505,873 |
99.56% |
1,039,160 |
0.44% |
192,448 |
237,545,033 |
52.44% |
|
5. To elect Graham Paterson as a Director. |
237,341,596 |
99.94% |
146,831 |
0.06% |
249,054 |
237,488,427 |
52.43% |
|
6. To re-elect John Billowits as a Director. |
235,531,583 |
99.18% |
1,946,026 |
0.82% |
259,872 |
237,477,609 |
52.42% |
|
7. To re-elect Helena Coles as a Director. |
235,466,338 |
99.15% |
2,013,871 |
0.85% |
257,272 |
237,480,209 |
52.42% |
|
8. To re-elect Pilar Junco as a Director. |
235,474,380 |
99.16% |
2,005,829 |
0.84% |
257,272 |
237,480,209 |
52.42% |
|
9. To re-elect Erika Schraner as a Director. |
235,493,213 |
99.17% |
1,981,297 |
0.83% |
262,971 |
237,474,510 |
52.42% |
|
10. To re-elect Jim Strang as a Director. |
221,423,480 |
93.24% |
16,061,197 |
6.76% |
252,804 |
237,484,677 |
52.43% |
|
11. To re-appoint Grant Thornton UK LLP as Auditor of the Company. |
223,324,272 |
94.03% |
14,171,410 |
5.97% |
241,799 |
237,495,682 |
52.43% |
|
12. To authorise the Directors to determine the remuneration of the Auditor. |
223,362,409 |
94.04% |
14,165,785 |
5.96% |
209,287 |
237,528,194 |
52.44% |
|
13. To authorise the Directors to allot Ordinary shares. |
192,414,820 |
99.80% |
393,183 |
0.20% |
44,929,478 |
192,808,003 |
42.56% |
|
14. To dis-apply pre-emption rights.* |
192,222,099 |
99.71% |
563,941 |
0.29% |
44,951,441 |
192,786,040 |
42.56% |
|
15. To authorise the Company to make market purchases of Ordinary shares of the Company.* |
192,794,862 |
81.17% |
44,730,498 |
18.83% |
212,121 |
237,525,360 |
52.43% |
*special resolution
|
NOTES:
|
|
|
1. |
All resolutions were passed. |
|
2. |
Proxy appointments which gave discretion to the Chairman of the AGM have been included in the "For" total for the appropriate resolution. |
|
3. |
Votes "For" and "Against" any resolution are expressed as a percentage of votes validly cast for that resolution. |
|
4. |
A "Vote withheld" is not a vote in law and is not counted in the calculation of the percentage of shares voted "For" or "Against" any resolution. |
|
5. |
The number of shares in issue on 7 May 2026 was 457,728,500 ordinary shares, carrying one vote each, and at that time, the Company holds 4,734,197 number of shares in treasury, and the number of shares in issue excluding treasury shares is 452,994,303. |
|
6. |
The full text of the resolutions passed at the AGM can be found in the Notice of Annual General Meeting which is available on the Company's website at www.hgcapitaltrust.com |
|
7. |
In accordance with listing rule 6.4.2R, a copy of resolutions 13-15 passed at the AGM will shortly be submitted to the National Storage Mechanism and will be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism |
Directorate Changes
HgT announces the retirement of Mr Richard Brooman, a Non-Executive Director and Chair of the Audit, Valuation and Risk Committee, who did not seek re‑election at today's AGM, after nearly 19 years of service on the Board.
With Richard retiring from the Board today, Mr Graham Paterson, our Non-Executive Director, takes up the role of Chair of the Audit, Valuation and Risk Committee.
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