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| TIDM | ATR |
| Share Price | 704.00p-0.98% |
| Market Cap | £650.10m |
Schroder Asian Total Return Investment Company plc's shareholders approved two resolutions at a General Meeting held on 8 September 2026. The first, an ordinary resolution to allot new shares for the scheme with Pacific Assets Trust plc, passed with 46,147,024 votes (99.80%) in favour. The second, a special resolution to cancel the share premium account subject to Court confirmation, passed with 46,200,583 votes (99.95%) in favour.
| Date | 8 Sept 2026 |
| Time | 17:48:44 |
| Category | AGMs and other meetings |
| ID | 9200T |
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.
Schroder Asian Total Return Investment Company plc
(the "Company")
Results of General Meeting
8 September 2026
In connection with the proposals to rollover certain of the assets and undertaking of Pacific Assets Trust plc ("PAC") into the Company by way of a scheme of reconstruction and the cancellation of the Company's share premium account, the Board of directors of the Company is pleased to announce that both Resolutions proposed at the General Meeting of the Company held earlier today were approved by the Company's Shareholders.
The results of the Resolutions proposed at the General Meeting, each of which was held by poll, are as follows:
|
Ordinary Resolution |
In favour* |
% shares voted in favour |
Against |
% shares voted against |
% shares in issue voted |
Votes withheld** |
|
To approve the allotment of new Shares in the Company for the purposes of the Scheme |
46,147,024 |
99.80 |
93,196 |
0.20 |
49.97 |
26,905 |
|
Special Resolution |
In favour* |
% shares voted in favour |
Against |
% shares voted against |
% shares in issue voted |
Votes withheld** |
|
To approve, subject to confirmation of the Court, the cancellation of the amount standing to the credit of the share premium account of the Company immediately following the issue of the new Shares the Company under the Scheme |
46,200,583 |
99.95 |
25,180 |
0.05 |
49.95 |
41,362 |
* Votes for include discretionary votes
** A vote withheld is a not a vote in law and is not counted in the votes for or against a resolution
The full text of the resolutions can be found in the Company's circular to Shareholders dated 11 August 2026 (the "Circular"). The Circular is available for inspection at the National Storage.Mechanism https://data.fca.org.uk/#/nsm/nationalstoragemechanism and also on the Company's website www.schroders.com/ATR.
The Scheme remains conditional upon, amongst other things, the necessary approvals by PAC and the PAC Shareholders being obtained, and upon any conditions of such approvals being fulfilled.
The Company had a total of 109,114,651 ordinary shares of 5p each in issue at the voting record time for the General Meeting, which included 16,571,248 ordinary shares held in treasury. Treasury shares do not carry voting rights, therefore the total number of voting rights in the Company was 92,543,403.
In accordance with UK Listing Rule 6.4.2R, a copy of the resolutions will be submitted to the National Storage Mechanism and will shortly be available for viewing at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
Terms used and not otherwise defined in this announcement shall have the meanings given to them in the Circular.
For further information, please contact:
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Schroder Investment Management Limited |
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Katherine Fyfe (Company Secretary) |
0207 658 3136 |
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Charlotte Banks (Press) |
0207 658 9063 |
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John Spedding (Head of Investment Trusts) |
0207 658 3206 |
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Winterflood trading as a division of Marex |
020 3100 0000 |
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Neil Morgan / Rose Ramsden (Corporate Finance) |
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Darren Willis / Innes Urquhart (Corporate Sales) |
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