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 7 December 2017 all resolutions were passed on
a show of hands, including the following resolutions:
Resolution 11 (ordinary resolution): To authorise the Directors
to allot shares pursuant to Section 551 of the Companies Act
2006.
Resolution 12 (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 13 (special resolution): To authorise the Directors
to make market purchases of the Company’s own shares.
Resolution 14 (special resolution): To hold general meetings
(other than annual general meetings) on 14 clear days’ notice.
Resolution 15 (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 |
961,365 |
0 |
110,600 |
7,200 |
| Resolution 2 |
958,472 |
2,893 |
110,600 |
7,200 |
| Resolution 3 |
958,249 |
2,893 |
110,823 |
7,200 |
| Resolution 4 |
958,672 |
2,693 |
110,600 |
7,200 |
| Resolution 5 |
941,402 |
19,963 |
110,600 |
7,200 |
| Resolution 6 |
958,672 |
2,693 |
110,600 |
7,200 |
| Resolution 7 |
941,402 |
19,963 |
110,600 |
7,200 |
| Resolution 8 |
941,402 |
19,963 |
110,600 |
7,200 |
| Resolution 9 |
958,672 |
2,693 |
110,600 |
7,200 |
| Resolution 10 |
964,432 |
0 |
107,533 |
7,200 |
| Resolution 11 |
963,940 |
0 |
108,025 |
7,200 |
| Resolution 12 |
957,085 |
6,632 |
108,248 |
7,200 |
| Resolution 13 |
956,869 |
4,496 |
110,600 |
7,200 |
| Resolution 14 |
961,308 |
57 |
110,600 |
7,200 |
| Resolution 15 |
970,956 |
95,268 |
5,741 |
7,200 |
A copy of the full text of Resolutions 11 to 15 will be
submitted to the National Storage Mechanism and will shortly be
available for inspection at www.morningstar.co.uk/uk/NSM