TIDMOIT

RNS Number : 1904A

Odyssean Investment Trust PLC

21 September 2022

ODYSSEAN INVESTMENT TRUST PLC

(the "Company")

Results of the Annual General Meeting held on Wednesday, 21 September 2022

The Board is pleased to announce that at the Annual General Meeting held today, all resolutions as detailed below were duly passed by shareholders on a show of hands. The proxy voting figures are shown below:

 
 Resolutions                                           Votes For      %       Votes      %        Total        Votes 
                                                                              Against           Votes Cast    Withheld 
 Ordinary Resolutions 
                                                      ---------------------------------------------------------------- 
      1. To receive and accept the Strategic Report, 
       Report of the Directors, Auditor's Report and 
       the audited financial statements for the year 
       ended 31 March 2022.                            53,235,544   100.00      0       0.00   53,235,544        0 
                                                      -----------  -------  ---------  -----  ------------  ---------- 
      2. To receive and approve the Directors' 
       Remuneration 
       Report for the year ended 31 March 2022.        53,231,544   99.99     4,000     0.01   53,235,544        0 
                                                      -----------  -------  ---------  -----  ------------  ---------- 
      3. To approve the Company's Remuneration 
       Policy.                                         53,223,298   99.99     6,000     0.01   53,229,298      6,246 
                                                      -----------  -------  ---------  -----  ------------  ---------- 
      4. To re-elect Jane Tufnell as a Director of 
       the Company.                                    52,789,038   99.16    446,506    0.84   53,235,544        0 
                                                      -----------  -------  ---------  -----  ------------  ---------- 
      5. To re-elect Arabella Cecil as a Director of 
       the Company.                                    52,789,038   99.16    446,506    0.84   53,235,544        0 
                                                      -----------  -------  ---------  -----  ------------  ---------- 
      6. To re-elect Peter Hewitt as a Director of 
       the Company.                                    52,789,038   99.16    446,506    0.84   53,235,544        0 
                                                      -----------  -------  ---------  -----  ------------  ---------- 
      7. To re-elect Richard King as a Director of 
       the Company.                                    52,789,038   99.16    446,506    0.84   53,235,544        0 
                                                      -----------  -------  ---------  -----  ------------  ---------- 
      8. To re-appoint KPMG LLP as Auditor of the 
       Company.                                        53,228,298   100.00    1,000     0.00   53,229,298      6,246 
                                                      -----------  -------  ---------  -----  ------------  ---------- 
      9. To authorise the Audit Committee to 
       determine 
       the Auditor's remuneration.                     53,235,544   100.00      0       0.00   53,235,544        0 
                                                      -----------  -------  ---------  -----  ------------  ---------- 
 SPECIAL BUSINESS 
                                                      ---------------------------------------------------------------- 
      10. To authorise the Directors to allot 10% of 
       ordinary shares in issue.                       53,233,342   100.00    2,202     0.00   53,235,544        0 
                                                      -----------  -------  ---------  -----  ------------  ---------- 
 11. To authorise the Directors to allot a further 
  10% of ordinary shares in issue.                     53,219,343   99.97     16,201    0.03   53,235,544        0 
                                                      -----------  -------  ---------  -----  ------------  ---------- 
 Special Resolutions 
                                                      ---------------------------------------------------------------- 
      12. To authorise the Directors to dis-apply 
       pre-emption 
       rights in respect of up to 10% of ordinary 
       shares 
       in issue.                                       52,321,248   99.96     20,446    0.04   52,341,694     893,850 
                                                      -----------  -------  ---------  -----  ------------  ---------- 
      13. To authorise the Directors to dis-apply 
       pre-emption 
       rights in respect of up to a further 10% of 
       ordinary 
       shares in issue.                                52,300,417   99.92     41,277    0.08   52,341,694     893,850 
                                                      -----------  -------  ---------  -----  ------------  ---------- 
      14. To authorise the Company to re-purchase 
       shares 
       in the market.                                  53,232,544   99.99     3,000     0.01   53,235,544        0 
                                                      -----------  -------  ---------  -----  ------------  ---------- 
      15. To authorise the Directors to call general 
       meetings (other than the AGM) on not less 
       than 
       14 clear days' notice.                          53,219,491   99.97     15,053    0.03   53,234,544      1,000 
                                                      -----------  -------  ---------  -----  ------------  ---------- 
 

Any proxy votes which are at the discretion of the Chairman have been included in the "for" total. A vote withheld is not a vote in law and is not counted in the calculations of votes cast by proxy.

At the date of the Annual General Meeting, the total number of Ordinary shares of 1p each in issue was 103,515,053.

At the deadline date for receiving proxy votes, 19 September 2022, the total number of Ordinary shares of 1p each in issue was 103,465,053. Therefore, the total number of voting rights for counting proxy votes was 103,465,053.

The proxy voting figures will shortly also be available on the Company's website at www.oitplc.com

In accordance with Listing Rule 9.6.2, the full text of the special business resolutions passed have been submitted to the National Storage Mechanism and will are available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism . The special business resolutions will additionally be filed at Companies House.

21 September 2022

For further information contact:

Kerstin Rucht, Frostrow Capital LLP

Company Secretary, 020 3709 8732

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