25th Oct 2019 15:07
25 October 2019
TUFTON OCEANIC ASSETS LIMITED
("Tufton Oceanic Assets" or the "Company")
Result of Annual General Meeting
At the Annual General Meeting of the Company held today at 11am (UK time), all Resolutions set out in the Annual General Meeting Notice sent to Shareholders dated 10 September 2019 were duly passed.
Resolution | Votes For (including discretionary) | Votes Against | |||
1 | Ordinary | 103,806,021 | 68.91% | 46,831,744 | 31.09% |
2 | Ordinary | 103,806,021 | 68.91% | 46,831,744 | 31.09% |
3 | Ordinary | 150,637,765 | 100.00% | 0 | 0.00% |
4 | Ordinary | 114,482,206 | 82.14% | 24,893,063 | 17.86% |
5 | Ordinary | 103,806,021 | 68.91% | 46,831,744 | 31.09% |
6 | Ordinary | 150,637,765 | 100.00% | 0 | 0.00% |
7 | Ordinary | 150,637,765 | 100.00% | 0 | 0.00% |
The Company notes the significant number of votes cast against resolutions 1, 2, 4 and 5. In view of the significant proportion of votes cast against the resolutions and the Company's obligations under Principle 19 of the AIC Corporate Governance Code, the Company will engage with investors and conduct a thorough assessment of the feedback received.
For further information, please contact:
Tufton Oceanic Limited Tel: +44 (0) 20 7518 6700
Andrew Hampson
Paulo Almeida
N+1 Singer Tel: +44 (0) 207 496 3030
James Maxwell (Corporate Finance)
Alan Geeves, James Waterlow, Sam Greatrex (Sales)
Hudnall Capital LLP Tel: +44 (0) 20 7520 9085
Andrew Cade
Related Shares:
Tufton Assets.