20th Aug 2013 17:19
The World Trust Fund
(“World Trust” or the “Company”)
Result of Annual General Meeting
The Company is pleased to announce that all resolutions proposed at the Company’s Annual General Meeting held on 20 August 2013 were passed.
| Resolution 1 | To approve the continuation of the Company for an undetermined period of time. | ||
| For: 23,576,600 | |||
| No vote against | |||
| Abstention: 8,481,715 | |||
| Resolution 2 | To approve the granting of authority to the Board of Directors of the Company to make market purchases of up to 14.99% of the Company’s subscribed capital provided that certain conditions are met. | ||
| For: 32,058,315 | |||
| No vote against | |||
| No abstention | |||
| Resolution 3 | To approve the annual report incorporating the Chairman’s Statement, the Remuneration report, Approved Statutory Auditor’s report and the audited financial statements of the Company for the accounting year ended March 31st, 2013. | ||
| For: 32,058,315 | |||
| No vote against | |||
| No abstention | |||
| Resolution 4 | To approve the report of the results for the accounting year ended March 31st, 2013. | ||
| For: 32,058,315 | |||
| No vote against | |||
| No abstention | |||
| Resolution 5 | Discharge to be granted to the Directors in relation to their activities as directors of the Company for the accounting year ended March 31st, 2013. | ||
| For: 32,058,315 | |||
| No vote against | |||
| No abstention | |||
| Resolution 6 | To re-elect Mr Alexander E Zagoreos as Director until the next annual general meeting to be held in 2014. | ||
| For: 32,058,315 | |||
| No vote against | |||
| No abstention | |||
| Resolution 7 | To re-elect Mr Philip R. McLoughlin as Director until the next annual general meeting to be held in 2014. | ||
| For: 32,058,315 | |||
| No vote against | |||
| No abstention | |||
| Resolution 8 | To re-elect Mr Duncan Budge as Director until the next annual general meeting to be held in 2014. | ||
| For: 32,058,315 | |||
| No vote against | |||
| No abstention | |||
| Resolution 9 | To re-elect Mr James A. Cave as Director until the next annual general meeting to be held in 2014. | ||
| For: 32,058,315 | |||
| No vote against | |||
| No abstention | |||
| Resolution 10 | To re-elect Mr Howard Myles as Director until the next annual general meeting to be held in 2014. | ||
| For: 32,058,315 | |||
| No vote against | |||
| No abstention | |||
| Resolution 11 | To re-appoint Deloitte Audit as the Approved Statutory Auditor until the next annual general meeting to be held in 2014. | ||
| For: 32,058,315 | |||
| No vote against | |||
| No abstention | |||
| Resolution 12 | To approve the decision of the Board of Directors to limit the aggregate amount of Directors fees payable by the Company for the next accounting year to US$ 500,000. | ||
| For: 32,058,315 | |||
| No vote against | |||
| No abstention | |||
20 August 2013Listing Category: Premium – Equity Closed-ended Investment Fund
Copyright Business Wire 2013
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