-
01 May 2025 23:07:42
- Source: Sharecast
1 May 2025
RIT CAPITAL PARTNERS PLC (LEI: P31Q1NLTW35JJGHA4667)
RESULT OF ANNUAL GENERAL MEETING - (ALL RESOLUTIONS PASSED)
The Annual General Meeting of RIT Capital Partners plc ('Company') was held on Thursday 1 May 2025.
All resolutions as set out in the Notice of Meeting dated 25 March 2025 were passed and prints of the items of special business passed will shortly be available for inspection on the National Storage Mechanism.
The proxy votes cast on each resolution were as follow:
|
RESOLUTION |
For/ Discretionary |
% |
Against |
% |
Withheld |
|
|
ORDINARY BUSINESS:
|
||||||
|
1. |
Approval of the Directors' Report and Accounts for the year ended 31 December 2024 |
68,464,348 |
99.93 |
47,763 |
0.07 |
16,323
|
|
2. |
Approval of the Directors' Remuneration Report for the year ended 31 December 2024 |
68,099,280 |
99.52 |
330,573 |
0.48 |
98,581 |
|
3. |
Re-election of Philippe Costeletos as a Director |
68,010,111 |
99.33 |
456,168 |
0.67 |
62,155 |
|
4. |
Re-election of André Perold as a Director |
67,594,999 |
99.14 |
585,446 |
0.86 |
314,808 |
|
5. |
Re-election of Dame Hannah Rothschild as a Director |
67,529,897 |
98.62 |
942,665 |
1.38 |
55,872 |
|
6. |
Re-election of Vikas Karlekar as a Director |
68,189,985 |
99.60 |
274,884 |
0.40 |
63,565
|
|
7. |
Re-election of Cecilia McAnulty as a Director |
68,212,828 |
99.61 |
269,817 |
0.39 |
45,789
|
|
8. |
Re-election of Jutta af Rosenborg as a Director |
68,182,133 |
99.60 |
276,051 |
0.40 |
70,250
|
|
9. |
Election of Helena Coles as a Director |
68,225,909 |
99.60 |
272,874 |
0.40 |
29,651 |
|
10. |
Re-appointment of Ernst & Young LLP as auditors |
68,200,919 |
99.57 |
291,348 |
0.43 |
36,167
|
|
11. |
To authorise the Directors to fix the remuneration of the auditors |
68,259,012 |
99.66 |
233,397 |
0.34 |
36,025 |
|
SPECIAL BUSINESS:
|
||||||
|
12. |
To renew the power to allot equity securities |
68,074,460 |
99.39 |
420,041 |
0.61 |
33,933
|
|
13. |
To authorise the Directors to allot equity securities for cash |
68,092,373 |
99.40 |
412,257 |
0.60 |
23,804
|
|
14. |
To renew the authority to repurchase up to 14.99 per cent. of the Company's issued share capital |
67,780,275 |
98.93 |
730,763 |
1.07 |
17,396
|
|
15. |
To change the notice period for general meetings other than annual general meetings to 14 days |
68,088,738 |
99.39 |
416,838 |
0.61 |
22,858 |
Resolutions 1 to 12 were passed as ordinary resolutions and resolutions 13 to 15 were passed as special resolutions.
Composition of Board
Pursuant to UKLR 6.4.6R, the Company announces the following Board changes with immediate effect:
Following the retirement of Sir James Leigh-Pemberton, Philippe Costeletos, a Non-Executive Director of the Company, has been appointed Chairman of the Company, and Chair of the Nominations Committee;
Jutta af Rosenborg, a Non-Executive Director of the Company, has been appointed as Senior Independent Director, Chair of the Conflicts Committee, and Chair of the Remuneration Committee;
Helena Coles, a Non-Executive Director of the Company, has been appointed as a member of the Conflicts Committee, and Remuneration Committee; and
Cecilia McAnulty, a Non-Executive Director of the Company, has been appointed as a member of the Nominations Committee.
For more information:
J. Rothschild Capital Management (Manager):
T: 020 7647 8565
E: investorrelations@ritcap.co.uk
Deutsche Numis (Joint Broker):
Nathan Brown / Vicki Paine
T: 020 7260 1000
JP Morgan Cazenove (Joint Broker):
William Simmonds
T: 020 3493 8000
Brunswick Group (Media enquiries):
Nick Cosgrove, Sofie Brewis
T: 020 7404 5959
E: RIT@BrunswickGroup.com
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