26th Jul 2012 12:17
RIT Capital Partners plc
26 July 2012
ANNUAL GENERAL MEETING
The Annual General Meeting of RIT Capital Partners plc was held on Thursday 26 July 2012
Three resolutions were withdrawn, as indicated below. All other resolutions as set out in the Notice of Meeting dated 31 May 2012 were passed, and prints of the items of special business past will shortly be available for inspection on the National Storage Mechanism.
The proxy votes cast on each resolution were as follows:
FOR/ | VOTES | |||
RESOLUTION | DISCRETIONARY | AGAINST | WITHHELD | |
ORDINARY BUSINESS: | ||||
1. | Approval of the Directors' Report and Accounts | |||
for the year ended 31 March 2012 | 55,714,757 | 398,375 | 44,137 | |
2. | Approval of the Directors' Remuneration Report | |||
for the year ended 31 March 2012 | 55,106,518 | 601,547 | 448,083 | |
3. | To approve the final dividend | 56,124,871 | 20,696 | 11,702 |
4. | Re-election of Lord Rothschild as a Director | 51,880,345 | 1,426,600 | 2,850,322 |
5. | Re-election of Mikael Breuer-Weil as a Director | RESOLUTION WITHDRAWN | ||
6. | Re-election of John Cornish as a Director | 56,059,335 | 48,874 | 49,061 |
7. | Re-election of Lord Douro as a Director | 55,592,572 | 311,029 | 253,668 |
8. | Election of Jean Laurent-Bellue as a Director | 55,282,117 | 811,712 | 63,441 |
9. | Re-election of James Leigh-Pemberton as a | |||
Director | 54,073,403 | 1,831,872 | 251,993 | |
10. | Re-election of Michael Marks as a Director | 54,353,892 | 1,753,776 | 49,603 |
11. | Re-election of Lord Myners as a Director | 55,985,241 | 127,991 | 44,037 |
12. | Re-election of Sandra Robertson as a Director | 54,103,058 | 1,802,122 | 252,089 |
13. | Re-election of Rick Sopher as a Director | RESOLUTION WITHDRAWN | ||
14. | Election of Bill Winters as a Director | RESOLUTION WITHDRAWN | ||
15. | Re-appointment of PricewaterhouseCoopers LLP | |||
as auditors | 50,953,908 | 460,217 | 4,740,846 | |
16. | To authorise the Directors to fix the remuneration | |||
of the auditors | 56,065,039 | 47,645 | 44,586 | |
SPECIAL BUSINESS: | ||||
17. | To renew the power to allot equity securities | 55,999,667 | 70,079 | 87,524 |
18. | To authorise the Directors to allot equity securities | |||
for cash. | 56,026,447 | 72,626 | 58,197 | |
19. | To renew the authority to repurchase up to 14.99 | |||
per cent. of the Company's issued share capital | 56,022,848 | 88,424 | 45,998 | |
20. | To change the notice period for general meetings | |||
other than annual general meetings to 14 days | 55,757,181 | 346,361 | 53,728 | |
21. | To amend Article of Association no. 118 | 56,024,600 | 73,135 | 59,534 |
Resolutions 1 to 17 were passed as ordinary resolutions and resolutions 18 to 21 were passed as special resolutions.
DIVIDEND
Following the passing of resolutions 3 and 21, the payment of the dividends announced on 31 May 2012 is confirmed.
A dividend of 28p per £1 ordinary share will be paid on 24 August to shareholders on the register at 15 June 2012.
This dividend consists of a final dividend of 8p per share in respect of the year ended 31 March 2012 and an interim dividend of 20p in respect of the nine month period to 31 December 2012.
Related Shares:
RIT Capital Partners