Manchester & London Investment Trust Plc - Result of AGM
(the "Company")
Results of Annual General Meeting
The Company announces that, at the Annual General Meeting ("AGM") of the Company held today, all resolutions contained in the Notice of AGM were duly passed on a poll.
The proxy votes received in relation to the resolutions passed were as follows:
______________________________________________________________________________ | | |For |Against| |Votes | | | |Resolution |For (No. | |(No. of|Against|Withheld |Total Votes|% of ISC| | |of shares)|(%) |shares)|(%) |(No. of | |Voted | | | | | | |shares) | | | |_____________|__________|_____|_______|_______|__________|___________|________| |1.To receive | | | | | | | | |and accept |26,724,508|99.99|3,734 |0.01 |1,154 |26,729,396 |66.66 | |the Annual | | | | | | | | |Report | | | | | | | | |_____________|__________|_____|_______|_______|__________|___________|________| |2.To approve | | | | | | | | |the | | | | | | | | |Directors' |26,715,872|99.96|9,839 |0.04 |3,685 |26,729,396 |66.66 | |Remuneration | | | | | | | | |Report | | | | | | | | |_____________|__________|_____|_______|_______|__________|___________|________| |3.To approve | | | | | | | | |the | | | | | | | | |Directors' |26,712,531|99.95|13,180 |0.05 |3,685 |26,729,396 |66.66 | |Remuneration | | | | | | | | |Policy | | | | | | | | |_____________|__________|_____|_______|_______|__________|___________|________| |4.To declare | | | | | | | | |a final | | | | | | | | |ordinary | | | | | | | | |dividend of |26,726,023|99.99|3,219 |0.01 |154 |26,729,396 |66.66 | |7.0p per | | | | | | | | |Ordinary | | | | | | | | |Share | | | | | | | | |_____________|__________|_____|_______|_______|__________|___________|________| |5.To re-elect| | | | | | | | |Daniel Wright| | | | | | | | |as a Director|2,892,607 |86.18|463,768|13.82 |23,373,021|26,729,396 |66.66 | |(independent | | | | | | | | |shareholders)| | | | | | | | |_____________|__________|_____|_______|_______|__________|___________|________| |6.To re-elect| | | | | | | | |Brett Miller | | | | | | | | |as a Director|3,267,413 |97.35|88,962 |2.65 |23,373,021|26,729,396 |66.66 | |(independent | | | | | | | | |shareholders)| | | | | | | | |_____________|__________|_____|_______|_______|__________|___________|________| |7.To re-elect| | | | | | | | |Daren Morris | | | | | | | | |as a Director|3,267,413 |97.35|88,962 |2.65 |23,373,021|26,729,396 |66.66 | |(independent | | | | | | | | |shareholders)| | | | | | | | |_____________|__________|_____|_______|_______|__________|___________|________| |8.To re-elect| | | | | | | | |James | | | | | | | | |Waterlow as a|3,267,413 |97.35|88,962 |2.65 |23,373,021|26,729,396 |66.66 | |Director | | | | | | | | |(independent | | | | | | | | |shareholders)| | | | | | | | |_____________|__________|_____|_______|_______|__________|___________|________| |9.To | | | | | | | | |re-appoint | | | | | | | | |Deloitte LLP |26,713,196|99.95|13,931 |0.05 |2,269 |26,729,396 |66.66 | |as Auditor of| | | | | | | | |the Company | | | | | | | | |_____________|__________|_____|_______|_______|__________|___________|________| |10.To | | | | | | | | |authorise the| | | | | | | | |Directors to |26,724,393|99.99|3,734 |0.01 |1,269 |26,729,396 |66.66 | |determine the| | | | | | | | |Auditor's | | | | | | | | |Remuneration | | | | | | | | |_____________|__________|_____|_______|_______|__________|___________|________| |11.To | | | | | | | | |authorise the| | | | | | | | |Directors to | | | | | | | | |offer holders| | | | | | | | |the right to |26,778,528|99.99|3,734 |0.01 |3,084 |26,785,346 |66.80 | |elect to | | | | | | | | |receive | | | | | | | | |optional | | | | | | | | |scrip | | | | | | | | |dividends | | | | | | | | |_____________|__________|_____|_______|_______|__________|___________|________| |12.To | | | | | | | | |authorise the| | | | | | | | |Directors to |26,776,803|99.98|6,574 |0.02 |1,969 |26,785,346 |66.80 | |allot | | | | | | | | |Ordinary | | | | | | | | |Shares | | | | | | | | |_____________|__________|_____|_______|_______|__________|___________|________| |13.To | | | | | | | | |disapply | | | | | | | | |statutory | | | | | | | | |pre-emption | | | | | | | | |rights in |26,710,526|99.93|18,716 |0.07 |154 |26,729,396 |66.66 | |relation to | | | | | | | | |the issue of | | | | | | | | |Ordinary | | | | | | | | |Shares* | | | | | | | | |_____________|__________|_____|_______|_______|__________|___________|________| |14.To | | | | | | | | |authorise the| | | | | | | | |Directors to | | | | | | | | |sell, | | | | | | | | |transfer and | | | | | | | | |allot |26,695,203|99.87|34,039 |0.13 |154 |26,729,396 |66.66 | |Ordinary | | | | | | | | |Shares from | | | | | | | | |Treasury at a| | | | | | | | |discount to | | | | | | | | |the net asset| | | | | | | | |value* | | | | | | | | |_____________|__________|_____|_______|_______|__________|___________|________| |15.To | | | | | | | | |authorise the| | | | | | | | |Company to | | | | | | | | | |26,459,243|98.99|269,999|1.01 |154 |26,729,396 |66.66 | |make market | | | | | | | | |purchases of | | | | | | | | |Ordinary | | | | | | | | |Shares* | | | | | | | | |_____________|__________|_____|_______|_______|__________|___________|________| |16.To | | | | | | | | |authorise the| | | | | | | | |Company to | | | | | | | | |hold general |26,707,181|99.92|22,061 |0.08 |154 |26,729,396 |66.66 | |meetings on | | | | | | | | |14 clear | | | | | | | | |days' notice*| | | | | | | | |_____________|__________|_____|_______|_______|__________|___________|________|
*special resolutions
NOTES: 1. All resolutions were passed. 2. Proxy appointments which gave discretion to the Chairman of the AGM have been included in the "For" total for the appropriate resolution. 3. Votes "For" and "Against" any resolution are expressed as a percentage of votes validly cast for that resolution. 4. A "Vote withheld" is not a vote in law and is not counted in the calculation of the percentage of shares voted "For" or "Against" any resolution. The number of shares in issue on4 November 2024 was 40,528,238 ordinary 5. shares (including 431,220 shares in treasury). The number of Ordinary Shares in circulation (excluding treasury shares), carrying one vote each, is 40,097,018. The full text of the resolutions passed at the AGM can be found in the Notice 6. of Annual General Meeting which is available on the Company's website at https://mlcapman.com/manchester-london-investment-trust-plc/. In accordance with Listing Rule 6.4.2, a copy of resolutions 11 to 16 passed 7. at the AGM will shortly be submitted to the National Storage Mechanism and will be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
LEI: 213800HMBZXULR2EEO10
