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| Date | 24 Feb 2022 |
| Time | 14:26:25 |
| Category | AGMs and other meetings |
| ID | 7544C |
HENDERSON INVESTMENT FUNDS LIMITED
THE BANKERS INVESTMENT TRUST PLC
LEGAL ENTITY IDENTIFIER: 213800B9YWXL3X1VMZ69
24 February 2022
THE BANKERS INVESTMENT TRUST PLC
Annual General Meeting of the Company
held on Thursday, 24 February 2022
The Bankers Investment Trust PLC announces that at the Annual General Meeting held earlier today all resolutions proposed were duly passed on a poll. This included the following resolutions:
As Ordinary Resolutions:
- Resolution 10: to authorise the Directors to allot ordinary shares up to 10% of the issued ordinary share capital;
As Special Resolutions:
- Resolution 11: to authorise the Directors to allot or to sell from treasury up to 10% of the issued ordinary share capital without first offering them to existing shareholders in accordance with statutory pre-emption procedures;
- Resolution 12: to authorise the Company to make market purchases of the Company's ordinary shares up to 14.99% of its issued ordinary share capital; and
- Resolution 13: to authorise that a General Meeting other than an Annual General Meeting may be held on not less than 14 clear days' notice.
The full text of the resolutions can be found in the circular to shareholders dated 17 January 2022 which can be viewed on the Company's website at: www.bankersinvestmenttrust.com
The poll results were as follows:
|
Resolutions |
Number of Votes FOR (including at Chair's discretion) |
% of votes FOR |
Number of Votes AGAINST |
% of votes AGAINST |
Total votes cast |
Votes cast (excluding votes withheld) as a percentage of total voting rights |
Number of votes withheld |
|
1 To receive the annual report and the audited financial statements for the year ended 31 October 2021 |
347,567,266 |
100.00% |
14,650 |
0.00% |
347,581,916 |
26.47% |
976,505 |
|
2 To approve the Directors' Remuneration Report for the year ended 31 October 2021 |
344,091,547 |
99.48% |
1,788,617 |
0.52% |
345,880,164 |
26.34% |
2,678,257 |
|
3 To approve the final dividend of 0.55p per share |
347,634,227 |
100.00% |
8,780 |
0.00% |
347,643,007 |
26.48% |
915,414 |
|
4 To re-appoint Julian Chillingworth as a Director |
319,394,480 |
92.09% |
27,449,985 |
7.91% |
346,844,465 |
26.41% |
1,713,956 |
|
5 To re-appoint Isobel Sharp as a Director |
340,385,622 |
98.13% |
6,469,394 |
1.87% |
346,855,016 |
26.42% |
1,703,405 |
|
6 To re-appoint Richard West as a Director |
340,296,922 |
98.11% |
6,569,662 |
1.89% |
346,866,584 |
26.42% |
1,691,837 |
|
7 To appoint Simon Miller as a Director |
345,004,352 |
99.52% |
1,674,685 |
0.48% |
346,679,037 |
26.40% |
1,879,384 |
|
8 To re-appoint Ernst & Young LLP as statutory Auditor |
345,966,028 |
99.66% |
1,195,018 |
0.34% |
347,161,046 |
26.44% |
1,397,375 |
|
9 To authorise the Audit Committee to determine the Auditor's remuneration |
346,806,088 |
99.87% |
436,073 |
0.13% |
347,242,161 |
26.45% |
1,316,260 |
|
10 To give Directors authority to allot ordinary shares |
346,321,688 |
99.78% |
776,148 |
0.22% |
347,097,836 |
26.43% |
1,460,585 |
|
11 To give Directors authority to disapply pre-emption rights on allotment or sale of ordinary shares* |
344,249,918 |
99.49% |
1,774,801 |
0.51% |
346,024,719 |
26.35% |
2,533,702 |
|
12 To give the Company authority to make market purchases of ordinary shares in the capital of the Company* |
345,795,267 |
99.67% |
1,151,779 |
0.33% |
346,947,046 |
26.42% |
1,611,375 |
|
13 To approve that a general meeting may be called on not less than 14 clear days' notice* |
344,018,712 |
99.12% |
3,047,098 |
0.88% |
347,065,810 |
26.43% |
1,492,611 |
* Special resolution.
For the purposes of section 341 of the Companies Act 2006, the votes validly cast are expressed in the table above as a percentage of the Company's total voting rights as at the close of business on 22 February 2022 (1,313,071,076) being the time at which a shareholder had to be registered in the register of members in order to vote at the Annual General Meeting. A vote "withheld" is not a vote in law and has not been counted as a vote "for" or "against" a resolution.
The number of ordinary shares in issue in the Company at the date of this announcement is 1,315,102,830.
A copy of the poll results will shortly be available on the Company's website at:
www.bankersinvestmenttrust.com
A copy of the special business resolutions will be submitted to the National Storage Mechanism ("NSM") and will shortly be available for inspection on the NSM's website at:
https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
The Company also announces that from the conclusion of today's Annual General Meeting, Sue Inglis retired from the Board and Simon Miller, who was appointed to the Board on 1 January 2022, has succeeded Sue as Chair of the Board.
For further information please contact:
Alex Crooke
Fund Manager
The Bankers Investment Trust PLC
Telephone: 020 7818 4447
James de Sausmarez
Director and Head of Investment Trusts
Janus Henderson Investors
Telephone: 020 7818 3349
Harriet Hall
PR Manager
Janus Henderson Investors
Telephone: 020 7818 2919