The following resolutions were passed by shareholders on a poll at the Annual General Meeting of the Company held on Tuesday, 7 May 2024.
The level of votes received is shown below.
Resolutions
Votes For
%
Votes Against
%
Total Votes Cast
Votes
Withheld**
Ordinary Resolutions
To approve the Company's Annual Report & Financial Statements for the year ended 31 December 2023 (together with the reports of the Directors and Auditor therein).
86,560,768
99.92%
72,360
0.08%
86,633,128
31,533
To approve the Report on Directors' Remuneration for the year ended 31 December 2023.
86,034,690
99.47%
459,673
0.53%
86,494,363
170,298
To re-elect Mrs Carolyn Sims as a Director of the Company.
86,438,532
99.82%
158,486
0.18%
86,597,018
67,643
To re-elect Mr Charles Cade as a Director of the Company.
86,477,626
99.84%
140,922
0.16%
86,618,548
46,113
To re-elect Mr Richard Wyatt as a Director of the Company.
86,450,812
99.83%
145,656
0.17%
86,596,468
68,193
To re-elect Dr Shefali Yogendra as a Director of the Company.
86,332,326
99.70%
255,622
0.30%
86,587,948
76,713
To re-appoint BDO LLP as Auditor to the Company, to hold office from the conclusion of this meeting until the conclusion of the next meeting at which financial statements are laid before the Company.
86,423,372
99.79%
180,815
0.21%
86,604,187
60,474
To authorise the Audit and Risk Committee to determine the remuneration of the Auditor.
86,474,900
99.85%
133,242
0.15%
86,608,142
56,519
To approve the Company's dividend policy, authorising the Directors of the Company to declare and pay all dividends of the Company as interim dividends, and for the last dividend referable to a financial year not to be categorised as a final dividend that is subject to shareholder approval.
86,448,925
99.81%
161,061
0.19%
86,609,986
54,675
To authorise the directors to allot ordinary shares.
86,374,547
99.77%
199,865
0.23%
86,574,412
90,249
Special Resolutions
11.To authorise the Directors to allot equity securities for cash pursuant to sections 570 and 573 of the companies act 2006 otherwise that in accordance with statutory pre-emption rights basis.
86,134,489
99.51%
423,258
0.49%
86,557,747
106,914
12.To authorise the Company to make market purchases of the Company's own shares.
83,499,109
96.42%
3,099,737
3.58%
86,598,846
65,815
13.To approve that any general meeting of the Company other than the Annual General Meeting may be called on not less than 14 clear days' notice.
85,907,138
99.19%
699,763
0.81%
86,606,901
57,760
**Please note that `Vote withheld' is not a vote in law and is not counted in the calculation of the proportion of votes `For' and `Against `a resolution.
Any proxy votes which are at the discretion of the Chair of the Meeting 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 the date of the AGM the total number of Ordinary shares of 5p each in issue was 334,363,825 (with 47,847,667 shares held in treasury). The total number of voting rights was 286,516,158.
The voting figures will shortly also be available on the Company's website at https://www.templebarinvestments.co.uk/
In accordance with Listing Rule 9.6.2, the full text of the special 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. The special resolutions will additionally be filed at Companies House.
7 May 2024
For further information please contact:
Mark PopeFrostrow Capital LLP - Company Secretary020 3 008 4913
Temple Bar Investment Trust PLC is a United Kingdom-based investment company. The Companyâs investment objective is to provide investors with a growing income combined with growth in capital. The Company invests primarily in United Kingdom equities, across different sectors, maintaining a balance of larger and smaller/medium-sized companies. It is focused on investing in the Financial Times and the London Stock Exchange (FTSE) 350 companies. The Company invests in various sectors, including financials, energy, consumer discretionary, communications, materials, industrials, consumer staples, healthcare, utilities, and information technology. The investment manager of the Company is RWC Asset Management LLP.