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 Against | % | Total Votes Cast | Votes 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
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.
