8 Dec 2016 13:24
THE INVESTMENT COMPANY PLC - Result of AGMTHE INVESTMENT COMPANY PLC - Result of AGM
PR Newswire
London, December 8
THE INVESTMENT COMPANY PLC (the “Company”)
Result of Annual General Meeting
The Company is pleased to announce that at the Annual General Meeting held on 8 December 2016 all resolutions were passed on a show of hands, including the following resolutions:
Resolution 7 (ordinary resolution): To authorise the Directors to allot shares pursuant to Section 551 of the Companies Act 2006.
Resolution 8 (special resolution): To authorise the Directors to allot ordinary shares for cash pursuant to Sections 570 and 573 of the Companies Act 2006 otherwise than in accordance with statutory pre-emption rights.
Resolution 9 (special resolution): To authorise the Directors to make market purchases of the Company’s own shares.
Resolution 10 (special resolution): To hold general meetings (other than annual general meetings) on 14 clear days’ notice.
Resolution 11 (ordinary resolution): To approve the continuation of the Company as a closed-ended investment trust in accordance with the Articles of Association.
The proxy votes received in relation to these resolutions were as follows:
| Resolutions | Votes For | Votes Against | Votes at Chairman’s Discretion | Votes Withheld |
| Resolution 1 | 150,098 | 0 | 25,324 | 0 |
| Resolution 2 | 147,205 | 2,893 | 25,324 | 0 |
| Resolution 3 | 146,786 | 3,312 | 25,324 | 0 |
| Resolution 4 | 132,246 | 37,852 | 5,324 | 0 |
| Resolution 5 | 112,246 | 37,852 | 25,324 | 0 |
| Resolution 6 | 150,098 | 0 | 25,324 | 0 |
| Resolution 7 | 150,098 | 0 | 25,324 | 0 |
| Resolution 8 | 146,340 | 3,535 | 25,547 | 0 |
| Resolution 9 | 146,144 | 3,731 | 25,547 | 0 |
| Resolution 10 | 150,098 | 0 | 25,324 | 0 |
| Resolution 11 | 150,098 | 0 | 25,324 | 0 |
A copy of the full text of Resolutions 7 to 11 will be submitted to the National Storage Mechanism and will shortly be available for inspection at www.morningstar.co.uk/uk/NSM
Investment Co. (INV)