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Wednesday 25 June, 2008

Northern Inv. Co PLC

AGM Statement

RNS Number : 5452X
Northern Investors Co PLC
25 June 2008
 



NORTHERN INVESTORS COMPANY PLC ('The Company')


RESULT OF ANNUAL GENERAL MEETING


The Company announces that at the annual general meeting held on 25 June 2008 all of the resolutions set out in the notice of meeting were duly passed by shareholders.


The resolutions included those to re-elect as directors Mr Peter Haigh, Mrs Sarah Stewart, Mr Michael Denny and Mr Frank Neale.


The resolutions included, as special business, that the Company's Articles of Association be amended as set out in the notice of meeting for the purpose of taking account of the Companies Act 2006 provisions so far as they relate to directors' conflicts of interests.


In accordance with the Listing Rules, copies of the resolution proposed and passed as special business have been submitted to the UK Listing Authority and will shortly be available for inspection at the UK Listing Authority's Document Viewing Facility which is situated at:


The Financial Services Authority

25 The North Colonnade

Canary Wharf

London

E14 5HS


Details of proxy voting on the resolutions put to shareholders at the annual general meeting are as follows:


Number

Resolution

For

Discretionary

Against

Abstentions

1

To receive the financial statements for the year ended 31 March 2008

7,325,636

Nil

220,509

43,196

2

To declare a final dividend of 5.0p per share in respect of the year ended 31 March 2008

7,545,889

Nil

Nil

43,452

3

To approve the directors' remuneration report in respect of the year ended 31 March 2008

7,322,355

Nil

220,811

46,175

4

To re-elect Mr P J Haigh as a director

7,307,852

Nil

236,025

45,464

5

To re-elect Mrs S L Stewart as a director

7,323,276

Nil

220,857

45,208

6

To re-elect Mr E M P Denny Stewart as a director

7,321,740

Nil

22,137

45,464

7

To re-elect Mr F L G Neale as a director

4,748,275

Nil

2,795,858

45,208

8

To reappoint KPMG Audit Plc as independent auditors

7,316,318

Nil

228,312

44,711

9

To authorise the directors to fix the remuneration of the independent auditors

7,324,886

Nil

220,000

44,455

10

To authorise the directors to allot shares pursuant to Section 80 of the Companies Act 1985

7,541,574

Nil

518

47,249

11

To disapply Section 89 of the Companies Act 1985 in relation to certain allotments of equity securities

7,534,867

Nil

7,626

46,848

12

To authorise the Company to make market purchases of ordinary shares in accordance with Section 166 of the Companies Act 1985

7,530,773

Nil

15,372

43,196

13

To amend the Company's articles of association

7,526,067

Nil

9,150

54,124


Enquiries:


Alastair Conn/Christopher Mellor, NVM Private Equity Limited - 0191 244 6000

Website:  www.nvm.co.uk


END


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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