Herald Investment Trust PLC Result of AGM (5076L)

TIDMHRI

RNS Number : 5076L

Herald Investment Trust PLC

19 April 2018

HERALD INVESTMENT TRUST PLC

Results of Proxy Voting - AGM - 19 April 2018

Ordinary shares with voting rights in issue - 69,485,583

Turnout - based on 32,776,766 votes cast on resolution number 1 - 47.17%

Resolution No. 1 - to receive the directors' report, the strategic report and the financial statements and auditors' report for the year ended 31 December 2017

 
 
            For *                  31,705,001 
 
            Against                1,071,765 
 
 Percentage majority in favour     96.73% 
 
 Votes withheld **                 0 
 

Resolution No. 2 - to approve the directors' remuneration report for the year ended 31 December 2017

 
 
            For *                  32,766,782 
 
            Against                3,900 
 
 Percentage majority in favour     99.99% 
 
 Votes withheld **                 6,084 
 

Resolution No. 3 - to re-elect Mr CJ Cazalet as a director

 
 
            For *                  30,980,413 
 
            Against                1,787,835 
 
 Percentage majority in favour     94.54% 
 
 Votes withheld **                 8,518 
 

Resolution No.4 - to re-elect Dr TJ Black as a director

 
 
            For *                  32,768,248 
 
            Against                0 
 
 Percentage majority in favour     100% 
 
 Votes withheld **                 8,518 
 

Resolution No.5 - to re-elect Mr K Sternberg as a director

 
 
            For *                  31,378,156 
 
            Against                1,390,092 
 
 Percentage majority in favour     95.76% 
 
 Votes withheld **                 8,518 
 

Resolution No.6 - to re-elect Mr J Will as a director

 
 
            For *                  31,258,507 
 
            Against                1,509,741 
 
 Percentage majority in favour     95.39% 
 
 Votes withheld **                 8,518 
 

Resolution No. 7 - to re-appoint Ernst & Young LLP as auditors

 
 
            For *                  28,131,707 
 
            Against                4,645,059 
 
 Percentage majority in favour     85.83% 
 
 Votes withheld **                 0 
 

Resolution No. 8 - to authorise the audit committee to determine the remuneration of the auditors

 
 
            For *                  32,654,640 
 
            Against                121,592 
 
 Percentage majority in favour     99.63% 
 
 Votes withheld **                 534 
 

Resolution No. 9 - to approve an increase in the aggregate amount of fees payable to the directors per annum, set out in article 95 to GBP200,000

 
 
            For *                  29,627,014 
 
            Against                11,986 
 
 Percentage majority in favour     99.96% 
 
 Votes withheld **                 3,137,766 
 

Resolution No. 10 - General authority to buy back shares (Special Resolution requiring 75% majority)

 
 
            For *                  32,775,752 
 
            Against                1,014 
 
 Percentage majority in favour     99.99% 
 
 Votes withheld **                 0 
 

Notes:

* Votes "For" include any discretionary votes given to the Chairman or another named proxy.

** Votes withheld have no legal effect.

Contact: Ian Bowden 020 7696 5285

This information is provided by RNS

The company news service from the London Stock Exchange

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April 19, 2018 09:35 ET (13:35 GMT)