-
20 May 2025 15:59:33
- Source: Sharecast
The Merchants Trust PLC (the Company)
LEI: 5299008VJFXCUD2EG312
Result of Annual General Meeting (AGM) held on 20 May 2025
At the AGM held on 20 May 2025 at 12 noon all resolutions proposed were passed on a poll. The resolutions proposed at the AGM can be found in the Notice of AGM which is available on the Company's website.
The following table indicates the number of votes cast on the poll at the meeting, including those votes cast by proxy in advance of the meeting for each resolution. It should be noted that votes withheld do not constitute votes in law. The number of ordinary shares in issue with voting rights at the date of the AGM was 148,324,887 ordinary shares and 1,178,000 cumulative preference stock.
|
|
Resolution |
In favour & discretionary |
Against |
Withheld |
|
|
|
Number of shares |
Number of shares |
Number of shares |
|
1 |
To receive the Directors' Report and the Financial Statements for the year ended 31 January 2025 |
18,388,134 |
60,847 |
21,737 |
|
2 |
To declare a final dividend of 7.3p per ordinary share |
18,370,668 |
63,564 |
36,486 |
|
3 |
To re-elect Colin Clark as a Director |
18,203,142 |
129,217 |
138,359 |
|
4 |
To re-elect Karen McKellar as a Director |
18,183,920 |
161,765 |
125,033 |
|
5 |
To re-elect Lisa Edgar as a Director |
18,099,793 |
160,053 |
210,872 |
|
6 |
To re-elect Mal Patel as a Director |
18,063,369 |
195,344 |
212,005 |
|
7 |
To receive the Directors' Remuneration Implementation Report |
17,889,885 |
312,355 |
268,478 |
|
8 |
To re-appoint BDO LLP as auditor |
18,176,977 |
178,943 |
114,798 |
|
9 |
To authorise the Directors to determine the remuneration of the auditor |
18,225,839 |
120,901 |
123,978 |
|
10 |
To renew the authority to allot ordinary shares |
18,155,517 |
158,855 |
156,346 |
|
11 |
To disapply pre-emption rights |
18,102,737 |
194,595 |
173,386 |
|
12 |
To authorise the purchase of ordinary shares |
18,087,713 |
328,458 |
54,547 |
The above figures represent 12% of the issued share capital with voting rights.
Directorate Change
At the AGM, Timon Drakesmith did not stand for re-election as a Director and retired at the conclusion of the meeting.
For further information please contact:
Kelly Nice
Allianz Global Investors
020 3246 7000
END
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