Result of AGM
Updated : 14:20
Asia Dragon Trust plc
Results of Annual General Meeting on 12 December 2019
At today's Annual General Meeting all resolutions were passed by shareholders. The proxy votes received in respect of the Annual General Meeting are shown in the following table:
Resolution Name | Number of Votes For & Discretionary | Number of Votes Against | Number of Votes Withheld |
1. To receive the reports of the Directors and auditor and the audited financial statements for the year ended 31 August 2019 | 90,859,849 | 15,510 | 8,693 |
2. To receive and adopt the Directors' Remuneration Report, excluding the Directors' Remuneration Policy, for the year ended 31 August 2019 | 90,743,664 | 107,629 | 32,759 |
3. To approve a final dividend of 4.75p per Ordinary share | 90,875,547 | 205 | 8,300 |
4. To re-elect Mr James Will as a Director | 88,192,652 | 2,677,559 | 13,840 |
5. To elect Ms Gaynor Coley as a Director | 90,812,934 | 62,013 | 9,105 |
6. To re-elect Ms Kathryn Langridge as a Director | 90,842,283 | 27,973 | 13,795 |
7. To re-elect Mr Peter Maynard as a Director | 90,837,873 | 32,052 | 14,127 |
8. To re-elect Mr Iain McLaren as a Director | 88,318,637 | 2,552,600 | 12,816 |
9. To re-elect Mr Charlie Ricketts as a Director | 90,798,947 | 70,978 | 14,127 |
10. To re-appoint KPMG LLP as auditor of the Company | 90,727,392 | 52,964 | 103,695 |
11. To authorise the Directors to fix the remuneration of the auditor for the year to 31 August 2020 | 90,842,332 | 29,589 | 12,131 |
12. To authorise the Directors to allot shares | 90,824,301 | 27,803 | 31,948 |
13. To approve the disapplication of pre-emption rights | 90,773,797 | 58,337 | 51,918 |
14. To authorise the Company to purchase its own shares | 90,800,629 | 44,140 | 39,283 |
15. To allow general meetings to be held on not less than 14 days' notice | 90,179,103 | 679,804 | 25,145 |
The total number of votes cast was 90.88 million. Resolutions 1 - 12 were ordinary resolutions and Resolutions 13-15 were special resolutions.
A copy of the above proxy results has been submitted to the National Storage Mechanism and will shortly be available for inspection at: www.morningstar.co.uk/uk/NSM *. The document is also available for download from the Company's website, www.asiadragontrust.co.uk
*Neither the NSM website nor the Company's website nor the content of any website accessible from hyperlinks on those websites (or any other website) is (or is deemed to be) incorporated into, or forms (or is deemed to form) part of this announcement.
For Asia Dragon Trust plc
Aberdeen Asset Managers Limited, Secretary
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