1st Jul 2025 14:59
Pacific Assets Trust plc - Result of AGMPacific Assets Trust plc - Result of AGM
PR Newswire
LONDON, United Kingdom, July 01
Pacific Assets Trust plc
Results of the Annual General Meeting held on Tuesday, 1 July 2025
The Board is pleased to announce that at the Annual General Meeting (AGM) held on Tuesday, 1 July 2025, all resolutions as detailed below were duly passed by shareholders on a poll. The proxy voting figures are shown below:
Resolutions | Votes For | % | Votes Against | % | Total Votes Cast | Votes Withheld |
Ordinary Resolutions |
| |||||
| To receive the Report of the Directors and the financial statements for the year ended 31 January 2025. | 50,411,489 | 99.96% | 21,919 | 0.04% | 50,433,408 | 16,623 |
| To approve the Directors' Remuneration Report for the year ended 31 January 2025.
| 50,222,593 | 99.62% | 192,225 | 0.38% | 50,414,818 | 35,213 |
| To approve payment of a final dividend of 4.9p per share for the year ended 31 January 2025.
| 50,401,235 | 99.93% | 37,201 | 0.07% | 50,438,436 | 11,595 |
| To elect June Ang as a Director.
| 50,224,901 | 99.64% | 180,691 | 0.36% | 50,405,592 | 44,439 |
| To re-elect Andrew Impey as a Director.
| 49,348,457 | 97.92% | 1,046,773 | 2.08% | 50,395,230 | 54,801 |
| To re-elect Nandita Sahgal as a Director.
| 49,266,983 | 97.75% | 1,134,601 | 2.25% | 50,401,584 | 48,447 |
| To re-elect Robert Talbut as a Director.
| 49,377,203 | 97.98% | 1,018,027 | 2.02% | 50,395,230 | 54,801 |
| To re-elect Edward Troughton as a Director.
| 49,381,108 | 97.97% | 1,022,122 | 2.03% | 50,403,230 | 46,801 |
| To re-appoint BDO LLP as Auditor.
| 50,340,648 | 99.88% | 59,582 | 0.12% | 50,400,230 | 49,801 |
| To authorise the Audit Committee to determine the remuneration of the Auditor.
| 50,401,307 | 99.95% | 25,328 | 0.05% | 50,426,635 | 23,396 |
| To approve the change to the Company's Investment Policy.
| 50,369,191 | 99.94% | 27,957 | 0.06% | 50,397,148 | 52,883 |
12. To authorise the Directors to allot shares up to an amount representing 10% of the issued share capital of the Company.
| 50,239,630 | 99.64% | 179,928 | 0.36% | 50,419,558 | 30,473 |
13#. To disapply the pre-emption rights in relation to the allotment of shares up to an amount representing 10% of the issued share capital of the Company.
| 50,202,316 | 99.59% | 206,527 | 0.41% | 50,408,843 | 41,188 |
14#. To authorise the Company to make market purchases of the Company's ordinary shares.
| 50,344,236 | 99.84% | 79,678 | 0.16% | 50,423,914 | 26,117 |
15#. To authorise the Directors to call general meetings (other than the AGM) on not less than 14 clear days' notice.
| 50,280,089 | 99.70% | 151,632 | 0.30% | 50,431,721 | 18,310 |
# - Special Resolution
Any proxy votes which are at the discretion of the Chair have been included in the "for" total. A vote withheld is not a vote in law and is not counted in the calculations of votes cast by proxy.
At 6.30pm on 27 June 2025 the total number of Ordinary shares of 12.5p each in issue and the total number of voting rights was 118,438,386.
The proxy voting figures will be made available on the Company's website at www.pacific-assets.co.uk
In accordance with UK Listing Rules 6.4.2 and 6.4.3, the full text of the resolutions passed has been submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism. Resolutions 11 to 15 will also be filed at Companies House.
1 July 2025
Katherine Manson | Frostrow Capital LLP - Company Secretary | 020 3709 8734 |
Related Shares:
Pacific Assets