TIDMUKT
RNS Number : 1127K
UK Select Trust Limited
15 August 2012
UK Select Trust Limited (the "Company")
(Registration Number 475)
Results of the Annual General Meeting - 15 August 2012 at 11.30
a.m.
UK Select Trust Limited hereby gives notification that at the
Annual General Meeting of the Company held on 15 August 2012, all
the resolutions set out in the notice of meeting were duly passed.
The Board would like to thank the shareholders of the Company for
their continued support.
In accordance with listing rule 9.6.3 a copy of the resolutions
is being submitted to the National Storage Mechanism, and will
shortly be made available for inspection at:
www.hemscott.com/nsm.do.
The details of each such resolution are as follows:
ORDINARY RESOLUTIONS
Ordinary Business
Resolution 1
IT WAS RESOLVED THAT Mr J Le Pelley be re-elected as a director
of the Company.
For 14,003,374 votes
Against 703 votes
Withheld Nil votes
Resolution 2
IT WAS RESOLVED THAT Mr G Ross Russell be re-elected as a
director of the Company.
For 14,003,374 votes
Against 703 votes
Withheld Nil votes
Resolution 3
IT WAS RESOLVED THAT the Directors' Remuneration Report
contained in the Annual Report and Audited Financial Statements for
the year ended 31 December 2011, be approved.
For 13,988,249 votes
Against 15,828 votes
Withheld Nil votes
Resolution 4
IT WAS RESOLVED THAT Deloitte LLP be re-appointed as Auditors of
the Company and that the Directors be authorised to agree their
remuneration.
For 13,988,249 votes
Against 15,828 votes
Withheld Nil votes
Special Business
Resolution 5
IT WAS RESOLVED THAT, pursuant to Article 49 of the Company's
Articles of Incorporation (the"Articles"), the Company continue in
existence.
For 14,064,920 votes
Against 703 votes
Withheld Nil votes
Resolution 6
IT WAS RESOLVED THAT the Board, subject to the provisions of The
Companies (Guernsey) Law, 2008 (as amended) (the "Companies Law"),
and the Articles, be empowered in accordance with Article 36.1 to
offer any holders of any particular class of shares (excluding any
member holding shares as treasury shares) the right to elect to
receive shares of the relevant class instead of cash in respect of
the whole or part of any Dividend declared until the earlier of 31
December 2013 or the date of the next annual general meeting of the
Company.
For 14,064,920 votes
Against Nil votes
Withheld 703 votes
Resolution 7
IT WAS RESOLVED THAT, in replacement for all previous
authorities, the Company be generally and, subject as hereinafter
appears, unconditionally authorised, in accordance with section
315(1)(a) of the Companies Law, to make market acquisitions (within
the meaning of section 316 of the Companies Law) of shares in the
capital of the Company, and to cancel such shares or hold such
shares as Treasury shares, provided that:
(i) The maximum number of shares hereby authorised to be
purchased shall be up to an aggregate of 3,109,317 shares or such
number as shall represent 14.99 per cent of the shares in issues as
at the date of the AGM, whichever is less (in either case excluding
shares held in treasury);
(ii) The maximum price which may be paid for a share shall be
the higher of (1) not more than 5 per cent above the average of the
middle-market quotations (as derived from the Daily Official List
of the London Stock Exchange plc) for 5 business days immediately
preceding any such purchase; and (2) the price of the last
independent trade and highest current independent bid on the
relevant market when the purchase is carried out, provided that the
Company shall not be authorised to acquire shares at a price above
the estimated prevailing net asset value per share on the date of
purchase; and
(iii) The minimum price that may be paid for a share is not less than (GBP)0.01;
and that the authority conferred by this resolution shall expire
on the earlier of 31 December 2013 or the date of the next annual
general meeting of the Company (except in relation to the purchase
of shares concluded before such date and which would be executed
wholly or partly after such date).
For 14,064,920 votes
Against 703 votes
Withheld Nil votes
SPECIAL RESOLUTION
Special Business
Resolution 8
IT WAS RESOLVED THAT the provisions of Article 6.1 in relation
to the pre-emption rights on issue of equity securities for cash
shall not apply to the board's authority granted pursuant to
Article 4.3 of the Articles provided that this authority shall be
limited to:
(i) The issue of equity securities in connection with an offer
of securities in favour of the holders of shares on the register of
members at such record date as the directors may determine where
the equity securities respectively attributable to the interest of
the shareholders are proportionate (as nearly as may be
practicable) to the respective numbers of shares held by them on
any such record date, subject to such exclusions or other
arrangements as the directors may deem necessary or expedient to
deal with treasury shares, fractional entitlements or legal or
practical problems arising under the laws of any overseas territory
or the requirements of an regulatory body or stock exchange or by
virtue of shares being represented by depositary receipts or any
other matter; and
(ii) The issue (otherwise than pursuant to sub-paragraph (i) of
this resolution) to any person or persons of equity securities up
to an amount not exceeding 10 per cent of the Company's issued
share capital at the time of the issue;
and shall expire on the earlier of 31 December 2013 or the date
of the next annual general meeting of the Company, save that the
Company shall be entitled to make offers or agreements before the
expiry of such power which would or might require equity securities
to be issued pursuant to any such offer or agreement as if the
power conferred hereby had not expired.
For 14,064,920 votes
Against 703 votes
Withheld Nil votes
Enquiries:
Kleinwort Benson (Channel Islands) Fund Services Limited
Tel: + 44 (0) 1481 710607
END OF ANNOUNCEMENT
This information is provided by RNS
The company news service from the London Stock Exchange
END
RAGUVOVRUAAWAAR
Uk Select Trust (LSE:UKT)
Historical Stock Chart
Von Jun 2024 bis Jul 2024
Uk Select Trust (LSE:UKT)
Historical Stock Chart
Von Jul 2023 bis Jul 2024
