LEI: 549300XVXU6S7PLCL855
For immediate release
("Liontrust" or the "Company")
Results of Annual General Meeting ("AGM")
Liontrust announces that, at its AGM held earlier today, all resolutions set out in the Notice of AGM 2025 issued on
Resolutions 1 to 12 (inclusive) were passed as ordinary resolutions and resolutions 13 to 16 (inclusive) were passed as special resolutions.
Details of the votes cast on each resolution are set out below:
|
Resolutions |
Votes For* |
% of votes cast |
Votes Against |
% of votes cast |
Votes Total |
% of ISC voted*** |
Votes Withheld** |
|
1 - Report & Accounts |
19,894,046 |
92.64 |
1,579,602 |
7.36 |
21,473,648 |
33.68% |
227,019 |
|
2 - Remuneration Report |
14,619,673 |
72.57 |
5,525,591 |
27.43 |
20,145,264 |
31.59% |
1,555,403 |
|
3 - |
21,165,929 |
97.69 |
500,367 |
2.31 |
21,666,296 |
33.98% |
34,371 |
|
4 - John Ions |
21,578,274 |
99.59 |
88,571 |
0.41 |
21,666,845 |
33.98% |
32,962 |
|
5 - |
21,570,919 |
99.54 |
98,827 |
0.46 |
21,669,746 |
33.98% |
30,921 |
|
6 - |
21,162,538 |
97.68 |
503,434 |
2.32 |
21,665,972 |
33.98% |
33,835 |
|
7 - |
19,502,987 |
96.85 |
633,399 |
3.15 |
20,136,386 |
31.58% |
1,563,421 |
|
8 - |
17,779,197 |
82.06 |
3,885,981 |
17.94 |
21,665,178 |
33.98% |
35,489 |
|
9- Appoint Auditors |
21,602,675 |
99.67 |
72,350 |
0.33 |
21,675,025 |
33.99% |
24,782 |
|
10 - Auditors' remuneration |
21,587,000 |
99.59 |
89,559 |
0.41 |
21,676,559 |
33.99% |
23,248 |
|
11 - Allot Shares |
19,096,374 |
88.10 |
2,580,627 |
11.90 |
21,677,001 |
34.00% |
23,666 |
|
12 - Political Expenditure |
17,583,608 |
81.11 |
4,095,829 |
18.89 |
21,679,437 |
34.00% |
21,230 |
|
13- Pre-emption rights |
18,658,800 |
86.25 |
2,974,203 |
13.75 |
21,633,003 |
33.93% |
66,804 |
|
14 - Further pre-emption rights |
17,114,870 |
79.09 |
4,523,964 |
20.91 |
21,638,834 |
33.94% |
61,833 |
|
15 - Purchase own shares |
21,591,050 |
99.59 |
87,985 |
0.41 |
21,679,035 |
34.00% |
21,632 |
|
16 - Short Notice GMs |
20,235,734 |
93.33 |
1,445,300 |
6.67 |
21,681,034 |
34.00% |
18,773 |
Notes to the disclosure:
*Includes discretionary votes received
** A vote withheld is not a vote in law.
*** Based on a total issued share capital ("ISC") of 63,764,615 ordinary shares as at
The Board appreciates the support shown by shareholders for the resolutions at today's AGM. We acknowledge the outcome of the vote on Resolution 2 relating to the Directors Remuneration Report and Resolution 14 relating to the further disapplication of pre-emption rights. While we welcome the backing of the majority of our shareholders for these resolutions, we will continue to engage with shareholders in constructive and open dialogue and carefully consider any further shareholder feedback. The Company will provide an update to shareholders within six months of today's meeting in accordance with the
The full text of the resolutions passed at the AGM are contained in the Notice of Meeting sent to shareholders on
A copy of the resolutions passed as special business at the AGM have been submitted to the National Storage Mechanism and will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism
For further information please contact:
Corporate Broking:
Corporate Advisory:
Panmure Liberum (Tel: 020 7886 2500)
Corporate Broking:
Corporate Advisory:
END
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