Liontrust Asset Management PLC Result of Meeting (7703B)

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RNS Number : 7703B

Liontrust Asset Management PLC

25 September 2018

25 September 2018

Stock Exchange Announcement

LIONTRUST ASSET MANAGEMENT PLC

Result of General Meeting

At the General Meeting of Liontrust Asset Management Plc held today, the two resolutions contained in the notice and put to the meeting were unanimously passed on a show of hands. The percentage of proxy votes cast in favour of resolutions 1 and 2 were 60.7% and 61.2% respectively.

Ahead of the General Meeting, the Company proactively sought to engage and consult with our major shareholders, and their representative bodies, over the Directors' Remuneration Policy and the resultant amendments to the Long-Term Incentive Plan.

The Board believes the revised policy is fundamental in supporting the delivery of our strategy and retaining and motivating an exceptional management team to continue to deliver exceptional value for all of our shareholders. Furthermore the changes to the structure support the aim of the Remuneration Committee both to keep the balance of reward significantly tilted towards variable pay for performance rather than fixed and to deliver a greater proportion of remuneration deferred and paid over the longer term thereby increasing the alignment with the interests of shareholders.

While the two resolutions were passed, the Remuneration Committee notes the votes against and will reflect on feedback from those shareholders. The Company will continue its policy of proactive engagement with its shareholders on aspects of remuneration going forward and further engagement is expected with shareholders.

For further information please contact:

Liontrust Asset Management 020 7412 1700

John Ions, Vinay Abrol www.liontrust.co.uk

Simon Hildrey - Chief Marketing Officer

Numis Securities Limited 020 7260 1000

Charles Farquhar

Macquarie Capital (Europe) Limited 020 3037 2000

Advisory - Jonny Allison, Kavita Choitram

Corporate Broking - Alex Reynolds, Nicholas Harland

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(END) Dow Jones Newswires

September 25, 2018 06:30 ET (10:30 GMT)