Miton Global Opportunities : Result of AGM (19/09/17)
September 19, 2017 at 10:30 am EDT
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MITON GLOBAL OPPORTUNITIES PLC
(the "Company")
Results of the Annual General Meeting held on Tuesday, 19 September 2017
Statement from the Board
In the Chairman's Statement of the Company's annual report for the year ended 30 April 2017, the Chairman undertook to initiate a board refreshment process. At the Company's AGM held today, the Chairman reported to shareholders that the Board has appointed Trust Associates, a director search agency, to assist with the search for a new Chairman and Audit Committee Chairman. Therefore, Mr Townsend (Chairman) and Mr Fox (Audit Committee Chairman) hereby announce their intention to retire from the Board early next year, after a suitable handover period. The effective date of their retirement will be confirmed in due course. The Board will keep shareholders informed of the progress of the recruitment process.
Annual General Meeting
The Board is pleased to announce that at the AGM 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 30 April 2017.
7,225,759
100
0
0
7,225,759
0
2. To receive and approve the Directors' Remuneration Report for the year ended 30 April 2017.
7,223,584
99.97
2,175
0.03
7,225,759
0
3. To re-elect Anthony Townsend as a Director of the Company.
7,225,759
100
0
0
7,225,759
0
4. To re-elect James Fox as a Director of the Company.
7,225,759
100
0
0
7,225,759
0
5. To re-elect Michael Phillips as a Director of the Company.
7,225,759
100
0
0
7,225,759
0
6. To re-elect Hugh van Cutsem as a Director of the Company.
7,225,759
100
0
0
7,225,759
0
7. To re-appoint PricewaterhouseCoopers LLP as Auditor of the Company.
7,225,759
100
0
0
7,225,759
0
8. To authorise the Audit Committee to determine the Auditor's remuneration.
7,225,759
100
0
0
7,225,759
0
SPECIAL BUSINESS
9. To authorise the Directors to allot shares.
7,223,759
99.97
2,000
0.03
7,225,759
0
Special Resolutions
10. To authorise the Directors to dis-apply pre-emption rights.
7,219,584
99.91
6,175
0.09
7,225,759
0
11. To authorise the Company to re-purchase shares in the market.
7,225,759
100
0
0
7,225,759
0
12. To authorise the Directors to call general meetings (other than the AGM) on not less than 14 clear days' notice.
7,225,759
100
0
0
7,225,759
0
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 AGM the total number of Ordinary shares of 1p each in issue and the total number of voting rights was 25,279,985. The proxy voting figures will shortly also be available on the Company's website at www.mitongroup.com/migo
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 shortly be available for inspection at http://www.morningstar.co.uk/uk/nsm. The special business resolutions will additionally be filed at Companies House.
19 September 2017
For further information please contact:
Katherine Manson
Frostrow Capital LLP - Company Secretary
0203 709 8734
Miton Global Opportunities plc published this content on 19 September 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 19 September 2017 14:29:04 UTC.
MIGO Opportunities Trust plc is a United Kingdom-based investment company. The investment objective of the Company is to outperform Sterling Overnight Average (SONIA) plus 2% (the Benchmark) over the longer term, principally through exploiting the pricing of closed-end funds. The Company intends to achieve this objective by investing primarily in a portfolio of closed-ended investment funds listed on the United Kingdom stock market where the manager has assessed that the share price does not reflect the fair value of the underlying assets. The Company has the flexibility to also invest in funds established offshore or listed on overseas stock markets, and in closed-ended funds which are not listed or traded on a stock market. The Company has the facility to borrow up to 20% of the Net Asset Value (NAV) of the Company. Its asset allocation consists of equity, private equity, mining, property, alternatives, and cash. Premier Fund Managers Limited is the Company's investment manager.
MIGO OPPORTUNITIES TRUST PLC 
