Mercantile Investment Trust(The)PLC Result of AGM (5428A)
May 24 2023 - 10:25AM
UK Regulatory
TIDMMRC
RNS Number : 5428A
Mercantile Investment Trust(The)PLC
24 May 2023
LONDON STOCK EXCHANGE ANNOUNCEMENT
THE MERCANTILE INVESTMENT TRUST PLC
RESULT OF POLL AT 2023 ANNUAL GENERAL MEETING
Legal Entity Identifier: 549300BGX3CJIHLP2H42
Information disclosed in accordance with LR 9.6.18
Following the Annual General Meeting of the Company, which was
held today, the Board is pleased to announce that all of the
Ordinary Resolutions put to shareholders were voted on by poll and
passed. In addition, the following items of special business were
voted on by poll and passed which:
i) allow the Directors of the Company to exercise all powers of
the Company to allot shares in the Company up to an aggregate
nominal amount of GBP1,975,201 representing approximately 10% of
the Company's issued ordinary share capital as at the date of the
passing of the resolution;
ii) allow the disapplication of pre-emption rights on the
allotment of new ordinary shares up to an aggregate nominal amount
of GBP2,361,230;
iii) allow the Company to make market purchases of up 14.99% of
the Company's issued share capital; and
iv) approved the Company's dividend policy to continue to pay
four quarterly interim dividends.
The full text of all the resolutions can be found in the Notice
of Annual General Meeting contained in the Annual Report and
Financial Statements which is available for viewing at the National
Storage Mechanism which can be located at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism and from the
Company's website, www.mercantileit.co.uk
A summary of proxy votes received and the poll results will
shortly be available on the Company's website,
www.mercantileit.co.uk
24th May 2023
For further information, please contact:
Alison Vincent
For and on behalf of
JPMorgan Funds Limited - Company Secretary
020 7742 4000
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
RAGUSUUROUUVUAR
(END) Dow Jones Newswires
May 24, 2023 10:25 ET (14:25 GMT)
Mercantile Investment (LSE:MRC)
Historical Stock Chart
From Apr 2024 to May 2024
Mercantile Investment (LSE:MRC)
Historical Stock Chart
From May 2023 to May 2024