⌘K
t
Tatton Asset Management plc announced on 24 July 2025 that all resolutions at its Annual General Meeting were passed, including the declaration of a final dividend of 9.5p per ordinary share for the year ended 31 March 2025. Roger Cornick retired as Non-Executive Chairman, and Chris Poil was appointed as Chairman. Leslie Watt became Senior Independent Non-Executive Director and Chair of the Audit and Risk Committee, with Pippa Hamnett becoming Chair of the Remuneration Committee.
| Date | 24 Jul 2025 |
| Time | 16:15:56 |
| Category | AGMs and other meetings |
| ID | 4910S |
Tatton Asset Management plc
("TAM" plc or "the Company")
Result of AGM
Directorate Change
Tatton Asset Management plc, the investment management and IFA support services group, announces that all of the resolutions set out in the Notice of AGM were passed by the requisite majority at the Company's AGM, held earlier today.
The number of proxy votes 'for' and 'against' each of the resolutions put before the AGM and the number of votes 'withheld' were as follows.
|
|
For |
Against |
Withheld |
||
|
|
No. of votes |
% |
No. of votes |
% |
No. of votes |
|
1. To receive and adopt the audited accounts |
44,393,776 |
100.00 |
0 |
0.00 |
3,398 |
|
2. To approve the Directors' Remuneration Report |
40,220,125 |
90.59 |
4,177,049 |
9.41 |
0 |
|
3. To re-appoint Paul Edwards |
44,387,285 |
99.98 |
9,889 |
0.02 |
0 |
|
4. To re-appoint Philippa Hamnett |
44,397,173 |
100.00 |
1 |
0.00 |
0 |
|
5. To re-appoint Paul Hogarth |
44,387,285 |
99.98 |
9,889 |
0.02 |
0 |
|
6. To re-appoint Lothar Mentel |
44,387,285 |
99.98 |
9,889 |
0.02 |
0 |
|
7. To re-appoint Christopher Poil |
44,373,268 |
99.95 |
23,906 |
0.05 |
0 |
|
8. To re-appoint Lesley Watt |
44,373,268 |
99.95 |
23,906 |
0.05 |
0 |
|
9. To re-appoint Deloitte LLP as independent auditors of |
44,397,174 |
100.00 |
0 |
0.00 |
0 |
|
10. To resolve that the Company declare a final dividend of 9.5p |
44,397,174 |
100.00 |
0 |
0.00 |
0 |
|
11. To authorise the Directors to allot relevant shares |
43,208,631 |
97.32 |
1,188,543 |
2.68 |
0 |
|
12. To authorise the Company to make political donations and incur political expenditure |
40,441,746 |
91.09 |
3,955,427 |
8.91 |
1 |
|
13. To authorise the Directors to allot equity securities for cash without making a pre-emptive offer to shareholders* |
43,343,424 |
97.63 |
1,053,750 |
2.37 |
0 |
|
14. To authorise the Directors in addition to resolution 13 to allot equity securities for cash without making a pre-emptive offer to shareholders* |
43,342,485 |
97.62 |
1,054,689 |
2.38 |
0 |
|
15. To authorise the Company to make market purchases of its ordinary shares* |
44,397,174 |
100.00 |
0 |
0.00 |
0 |
*Special resolution
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". |
|
5. |
The number of shares in issue on 24 July 2025 was 60,573,908 with no shares in treasury. |
|
6. |
The full text of the resolutions passed at the AGM can be found in the Notice of Annual General meeting which is available on the Company's website at www.tattonassetmanagement.com |
As previously announced, Roger Cornick has retired from his position as Non-Executive Chairman of the Company. Chris Poil, Senior Independent Non-Executive Director has now been appointed as Chairman of the Company.
The following changes in composition within the Board's committees have now taken effect:
· Chris Poil, Chairman, has stepped down from his role as Chair of the Audit and Risk Committee and the Remuneration Committee
· Leslie Watt has become Senior Independent Non-Executive Director and has assumed the role of Chair of the Audit and Risk Committee
· Pippa Hamnett, Independent Non-Executive Director, has assumed the role of Chair of the Remuneration Committee
For further information please contact:
|
Tatton Asset Management plc Paul Hogarth (Chief Executive Officer) Paul Edwards (Chief Financial Officer) Lothar Mentel (Chief Investment Officer) |
+44 (0) 161 486 3441 |
|
Zeus Capital - Nomad and Joint Broker Martin Green (Investment Banking) Dan Bate (Investment Banking and QE) |
+44 (0) 20 3829 5000 |
|
Singer Capital Markets - Joint Broker Charles Leigh-Pemberton / Peter Steel (Investment Banking) |
+44 (0) 20 7496 3000
|
|
|
|
|
Gracechurch Group - Financial PR and IR Heather Armstrong / Henry Gamble / Rebecca Scott
|
+44 (0) 20 4582 3500 |
|
Trade Media Enquiries Roddi Vaughan-Thomas (Head of Communications) |
+44 (0) 7469 854 011 |
For more information, please visit: www.tattonassetmanagement.com