Scottish American Investment P L C : Company AGM Proxy Results 2023
April 06, 2023 at 12:14 pm EDT
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THE SCOTTISH AMERICAN INVESTMENT COMPANY P.L.C.
Annual General Meeting
Held on 6 April 2023
All votes were passed on a show of hands. The following levels of proxy appointments and associated instructions were received prior to the meeting.
Resolution
Votes
Votes
Total
Votes
Total
No.
for
against
votes cast
withheld
proxies
Ordinary Business
1
To receive and adopt the Financial Statements of the
36,423,259
31,549
36,454,808
26,262
36,481,070
Company for the year to 31 December 2022 with the
Reports of the Directors and of the Independent Auditor
thereon.
2
To approve the Directors' Remuneration Policy.
35,355,449
903,414
36,258,863
222,207
36,481,070
3
To approve the Directors' Annual Report on Remuneration
35,422,357
842,073
36,264,430
216,640
36,481,070
for the year to 31 December 2022.
4
To declare a final dividend.
36,446,364
24,455
36,470,819
10,251
36,481,070
5
To re-elect Lord Macpherson of Earl's Court as a
34,444,018
1,900,489
36,344,507
136,563
36,481,070
Director.
6
To re-elect Bronwyn Curtis as a Director.
35,123,471
1,247,867
36,371,338
109,732
36,481,070
7
To re-elect Dame Mariot Leslie as a Director.
35,114,769
1,247,133
36,361,902
119,168
36,481,070
8
To re-elect Karyn Lamont as a Director.
35,076,114
1,262,764
36,338,878
142,192
36,481,070
9
To elect Christine Montgomery as a Director.
35,196,938
1,134,079
36,331,017
150,053
36,481,070
10
To re-appoint Ernst & Young LLP as Independent Auditor
35,621,540
779,766
36,401,306
79,764
36,481,070
of the Company to hold office until the conclusion of the
next Annual General Meeting at which the financial
statements are laid before the Company.
11
To authorise the Directors to determine the remuneration of
35,802,228
627,605
36,429,833
51,237
36,481,070
the Independent Auditor of the Company.
12
To approve the Directors' general authority to issue shares.
36,367,283
83,198
36,450,481
30,589
36,481,070
13
To approve by Special Resolution that the Directors be
34,952,313
1,456,852
36,409,165
71,905
36,481,070
authorised to issue shares/sell treasury shares on a non
pre-emptive basis.
14
To approve by Ordinary Resolution that the Directors'
33,454,975
2,911,308
36,366,283
110,981
36,477,264
authority to allot shares or sell treasury shares for cash
at a price below the net asset price per share without
first offering those shares pro rata to existing
shareholders.
15
To approve by Special Resolution that the Company be
35,622,438
830,335
36,452,773
28,297
36,481,070
authorised to buy back its own shares.
Special Business
16 To approve by Special Resolution that the Company
33,375,215
2,913,271
36,288,486
192,584
36,481,070
approve and adopt the new Articles of Association.
Notes:
Where shareholders have appointed the Chairman of the meeting as their proxy, with discretion as to voting, those votes have been cast in favour of all resolutions.
A vote withheld is not a 'vote' in law and is not counted in the calculation of the votes 'for' and 'against' a resolution.
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Disclaimer
Scottish American Investment Company plc published this content on 06 April 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 April 2023 16:13:02 UTC.
The Scottish American Investment Company P.L.C. (SAINTS) is a United Kingdom-based investment company. The Company's objective is to deliver real dividend growth by increasing capital and growing income. The Companyâs policy is to invest in equity markets, but other investments may be held from time to time, including bonds, property and other asset classes. SAINTS equity portfolio consists of shares listed both in the United Kingdom and in overseas markets. The Company primarily invests in various sectors, such as basic materials, consumer discretionary, consumer staples, financials, healthcare, industrials, real estate, technology, telecommunications and utilities. The alternative investment fund manager of the Company is Baillie Gifford & Co Limited.
THE SCOTTISH AMERICAN INVESTMENT COMPANY P.L.C. 
