REG - HgCapital Trust PLC - Result of AGM & Directorate Changes

HgCapital TrustAnnouncement

16/05/2024 14:15

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RNS Number : 7732O  HgCapital Trust PLC  16 May 2024

 

HgCapital Trust plc

(the "Company", "HgT")

Legal Entity Identifier: 213800J7QUJJBEFSIN38

 

16 May 2024

 

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:

 

 Resolution                                                                    For               For     Against           Against  Votes Withheld

                                                                               (No. of shares)   (%)     (No. of shares)   (%)      (No. of shares)   Total Votes   Issued Share Capital voted (%)

 1.  To receive the Annual Report and Financial Statements.                    214,410,552       100%    3,734             0.00%    14,559            214,414,286   46.84%
 2.  To approve the Directors' Remuneration Report.                            214,068,304       99.88%  250,087           0.12%    110,404           214,318,391   46.82%
 3.  To approve a final dividend of 4.5 pence per share.                       214,411,486       100%    3,525             0.00%    13,834            214,415,011   46.84%
 4.  To elect Ms H Coles as a Director.                                        214,290,592       99.96%  75,121            0.04%    63,132            214,365,713   46.83%
 5.  To re-elect Mr R Brooman as a Director.                                   202,191,935       94.32%  12,175,329        5.68%    61,581            214,367,264   46.83%
 6.  To re-elect Ms P Junco as a Director.                                     214,267,277       99.95%  101,436           0.05%    60,132            214,368,713   46.83%
 7.  To re-elect Ms E Schraner as a Director.                                  208,619,972       97.32%  5,750,122         2.68%    58,751            214,370,094   46.83%
 8.  To re-elect Mr J Strang                                                   209,974,487       99.97%  55,000            0.03%    4,399,358         210,029,487   45.89%

 as a Director.
 9.  To re-appoint Grant Thornton UK LLP as Auditor of the Company.            209,573,978       97.78%  4,760,535         2.22%    94,332            214,334,513   46.83%
 10.         To authorise the Directors to determine the remuneration          209,701,317       97.81%  4,695,914         2.19%    31,614            214,397,231   46.84%
 of the Auditor.
 11.         To authorise the Directors to allot Ordinary shares.              214,265,728       99.95%  108,909           0.05%    54,208            214,374,637   46.83%
 12.         To dis-apply pre-emption rights.*                                 212,579,750       99.19%  1,742,178         0.81%    106,917           214,321,928   46.82%
 13.         To authorise the Company to make market purchases of              214,373,774       99.99%  31,448            0.01%    23,623            214,405,222   46.84%
 Ordinary shares of the Company. *

 *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 16 May 2024 was 457,728,500 ordinary shares,
     carrying one vote each, and at that time, the Company did not hold any shares
     in treasury.
 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 9.6.2R, a copy of resolutions 11-13 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
     (https://data.fca.org.uk/#/nsm/nationalstoragemechanism)

 

 

Directorate Changes

Earlier today, HgT announced that Mr John Billowits joined the HgT Board. John
is replacing Anne West, a Non-Executive Director and our Senior Independent
Director, who did not seek re‑election at today's AGM, after 10 years of
service on the Board.

 

With Anne retiring from the Board today, Erika Schraner, our Non-Executive
Director and Chair of the Management Engagement Committee, takes up the role
of our Senior Independent Director, and Helena Coles, our Non-Executive
Director, becomes our Chair of the Management Engagement Committee in Erika's
place.

 

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