GMF Gart.Fledge.Tst

 
TIDMGMF 
 
Gartmore Fledgling Trust plc 
 
Result of Annual General Meeting 
 
 
The Directors of Gartmore Fledgling Trust plc are pleased to announce that all 
the resolutions proposed at the Annual General Meeting held earlier today were 
passed by shareholders on a show of hands. 
 
Proxy votes lodged in respect of each resolution were received by 11.30 a.m. on 
29 November 2010 as follows: 
 
                               For             Against                  Withheld 
 
Ordinary Business:       Number of   % of Number of     % of      Total 
                             votes  total     votes    total      proxy 
                                                             votes cast 
 
Resolution 1            11,818,270 100.00         0        0 11,818,270  335,360 
 
Resolution 2            12,153,630 100.00         0        0 12,153,630        0 
 
Resolution 3            12,145,717  99.95     6,452     0.05 12,152,169    1,459 
 
Resolution 4            12,145,067  99.94     7,079     0.06 12,152,146    1,483 
 
Resolution 5            11,807,650  97.17   344,495     2.83 12,152,145    1,483 
 
Resolution 6            11,807,848  97.17   344,298     2.83 12,152,146    1,483 
 
Resolution 7            11,804,700  97.14   347,446     2.86 12,152,146    1,483 
 
Resolution 8            12,148,232  99.96     4,246     0.04 12,152,478    1,151 
 
Special Business: 
 
Resolution 9             9,785,825  80.52 2,367,805    19.48 12,153,630        0 
 
Resolution 10 (Special  12,140,352  99.96     4,919     0.04 12,145,271    8,358 
resolution) 
 
Resolution 11 (Special  12,136,209  99.95     6,350     0.05 12,142,559   11,071 
resolution) 
 
Resolution 12 (Special  12,102,129  99.65    42,240     0.35 12,144,369    9,260 
resolution) 
 
Notes: 
 
1. Where shareholders appointed the Chairman of the Meeting as their proxy, 
with discretion as to voting, those votes were cast in favour of all 
resolutions. 
 
2. A `vote withheld' is not a vote in law and is not counted in the calculation 
of the proportion of the votes `for' or `against' a resolution. 
 
3. Mr James Kerr-Muir retired as a Director of the Company at the conclusion of 
the Annual General Meeting. 
 
4. The final dividend of 4.0 pence per Ordinary share will be paid on 8 
December 2010 to shareholders on the register on 12 November 2010. 
 
ORDINARY BUSINESS 
 
1. to receive the Report of the Directors and the Accounts for the period ended 
31 August 2010, together with the Report of the Auditor; 
 
2. to approve a final dividend of 4.0p per Ordinary share; 
 
3. to approve the Directors' Remuneration Report for the period ended 31 August 
2010; 
 
4. to appoint Mr Robert Jeens as a Director; 
 
5. to re-elect Mr Peter Dicks as a Director; 
 
6. to re-elect Mr John Hancox as a Director; 
 
7. to re-elect Mr Jimmy West as a Director; 
 
8. to re-appoint Ernst & Young LLP as Auditor and to authorise the Directors to 
fix the Auditor's remuneration. 
 
SPECIAL BUSINESS 
 
9. that the Company shall continue to operate as an investment trust company. 
 
10. that the Company be and is hereby generally and unconditionally authorised, 
in accordance with Section 701 of the Companies Act 2006 (the "Act"), to make 
one or more market purchases (within the meaning of Section 693 of the Act) of 
Ordinary shares of 25 pence each in the capital of the Company provided that: 
 
(a) the maximum number of Ordinary shares hereby authorised to be purchased 
shall be 14.99% of the Company's issued Ordinary share capital at 1 December 
2010, the date of the Annual General Meeting (equivalent to approximately 
2,689,000 Ordinary shares at 27 October 2010); 
 
(b) the minimum price which may be paid for one Ordinary share shall be 25 
pence; 
 
(c) the maximum price which may be paid for one Ordinary share shall be an 
amount equal to the highest of (i) 105% of the average of the middle market 
quotations for an Ordinary share as derived from the Stock Exchange Daily 
Official List for the five business days immediately preceding the date on 
which the Ordinary share is purchased; or (ii) the price of the last 
independent trade; or (iii) the highest current independent bid; 
 
(d) unless previously renewed, varied or revoked, the authority hereby 
conferred shall expire on the earlier of the date falling 15 months after the 
passing of this resolution and the conclusion of the next Annual General 
Meeting of the Company; and 
 
(e) the Company may make a contract to purchase Ordinary shares under the 
authority hereby conferred prior to the expiry of such authority which will or 
may be executed wholly or partly after the expiration of such authority and may 
make a purchase of Ordinary shares pursuant to any such contract. 
 
11. (a) that the Articles of Association of the Company be amended by deleting 
all the provisions of 
 
the Company's Memorandum of Association which, by virtue of section 28 
Companies Act 2006, are to be treated as provisions of the Company's Articles 
of Association; and 
 
(b) that the Articles of Association produced to the meeting and initialed by 
the Chairman of the meeting for the purpose of identification be adopted as the 
Articles of Association of the Company in substitution for, and to the 
exclusion of, the existing Articles of Association. 
 
12. that the period of notice required for calling general meetings of the 
Company, other than annual general meetings, shall be not less than 14 clear 
days. 
 
A copy of the resolutions concerning special business passed at the meeting and 
a copy of the new Articles of Association of the Company adopted at the meeting 
have been submitted to the National Storage Mechanism and will shortly be 
available for inspection www.hemscott.com/nsm.do 
 
Gartmore Investment Limited 
Company Secretary 
 
1 December 2010 
 
 
 
END 
 

Gart.Fledge.Tst (LSE:GMF)
Graphique Historique de l'Action
De Mai 2024 à Juin 2024

Gart.Fledge.Tst (LSE:GMF)
Graphique Historique de l'Action
De Juin 2023 à Juin 2024