JANUS HENDERSON FUND MANAGEMENT UK
LIMITED
THE BANKERS INVESTMENT TRUST
PLC
LEGAL ENTITY IDENTIFIER:
213800B9YWXL3X1VMZ69
22 February 2024
THE BANKERS INVESTMENT TRUST
PLC
Annual General Meeting of the
Company
held on Thursday, 22 February
2024
The Bankers Investment Trust PLC
announces that at the Annual General Meeting held earlier today all
resolutions proposed were duly passed on a poll. This included the
following resolutions:
As Ordinary Resolutions:
- Resolution 11: to
authorise the Directors to allot ordinary shares up to 10% of the
issued ordinary share capital;
As Special Resolutions:
- Resolution 12: to
authorise the Directors to allot or to sell from treasury up to 10%
of the issued ordinary share capital without first offering them to
existing shareholders in accordance with statutory pre-emption
procedures;
- Resolution 13: to
authorise the Company to make market purchases of the Company's
ordinary shares up to 14.99% of its issued ordinary share capital
excluding treasury shares; and
- Resolution 14: to
authorise that a General Meeting other than an Annual General
Meeting may be held on not less than 14 clear days'
notice.
The full text of the resolutions can
be found in the circular to shareholders dated 17 January 2024
which can be viewed on the Company's website at:
www.bankersinvestmenttrust.com
The poll results were as
follows:
|
Resolutions
|
Number of Votes FOR (including at Chair's
discretion)
|
% of
votes FOR
|
Number of Votes AGAINST
|
% of
votes AGAINST
|
Total votes cast
|
Votes cast (excluding votes withheld) as a percentage of total
voting rights
|
Number of votes withheld
|
|
1 To receive the annual report and
the audited financial statements for the year ended
31 October 2023
|
322,048,609
|
99.99
|
47,517
|
0.01
|
322,096,126
|
26.55%
|
405,820
|
|
2 To approve the Directors'
Remuneration Report for the year ended
31 October 2023
|
319,384,192
|
99.58
|
1,351,420
|
0.42
|
320,735,612
|
26.44%
|
1,766,334
|
|
3 To approve the final dividend of
0.66p per share
|
322,005,281
|
99.98
|
63,084
|
0.02
|
322,068,365
|
26.55%
|
433,581
|
|
4 To re-appoint Mr Simon Miller as a
Director
|
320,604,524
|
99.84
|
503,699
|
0.16
|
321,108,223
|
26.47%
|
1,393,723
|
|
5 To re-appoint Ms Hannah Philp as a
Director
|
320,434,514
|
99.80
|
645,509
|
0.20
|
321,080,023
|
26.47%
|
1,421,923
|
|
6 To re-appoint Ms Charlotte
Valeur
|
320,369,974
|
99.79
|
670,053
|
0.21
|
321,040,027
|
26.46%
|
1,461,919
|
|
7 To re-appoint Me Richard West as a
Director
|
320,671,858
|
99.86
|
461,669
|
0.14
|
321,133,527
|
26.47%
|
1,368,419
|
|
8 To appoint
Mr Ankush Nandra as a
Director
|
320,521,289
|
99.88
|
394,515
|
0.12
|
320,915,804
|
26.45%
|
1,586,142
|
|
9 To re-appoint Ernst & Young LLP
as a statutory Auditor to the Company
|
320,639,367
|
99.76
|
778,499
|
0.24
|
321,417,866
|
26.49%
|
1,084,080
|
|
10 To authorise the Audit and Risk
Assurance Committee to determine the Auditor's
remuneration
|
321,076,321
|
99.83
|
547,648
|
0.17
|
321,623,969
|
26.51%
|
877,977
|
|
11 To give Directors authority to
allot ordinary shares
|
320,742,332
|
99.79
|
677,143
|
0.21
|
321,419,475
|
26.49%
|
1,082,471
|
|
12 To give Directors authority to
disapply pre-emption rights on allotment or sale of ordinary
shares*
|
319,280,524
|
99.42
|
1,859,887
|
0.58
|
321,140,411
|
26.47%
|
1,361,535
|
|
13 To give the Company authority to
make market purchases of ordinary shares in the capital of the
Company*
|
321,195,422
|
99.83
|
534,836
|
0.17
|
321,730,258
|
26.52%
|
771,688
|
|
14 To approve that a general meeting
may be called on not less than 14 clear days notice*
|
319,177,057
|
99.23
|
2,468,665
|
0.77
|
321,645,722
|
26.51%
|
856,224
|
*Special resolution
For the purposes of section 341 of
the Companies Act 2006, the votes validly cast are expressed in the
table above as a percentage of the Company's total voting rights as
at the close of business on 20 February 2024, being the time at
which a shareholder had to be registered in the register of members
in order to vote at the Annual General Meeting. A vote "withheld"
is not a vote in law and has not been counted as a vote "for" or
"against" a resolution.
The number of ordinary shares in
issue in the Company at the date of this announcement is
1,315,102,830.
A copy of the poll results will
shortly be available on the Company's website at:
www.bankersinvestmenttrust.com
A copy of the special business
resolutions will be submitted to the National Storage Mechanism
("NSM") and will shortly be available for inspection on the NSM's
website at:
https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
The Company also announces that from
the conclusion of the Annual General Meeting, Mr Julian
Chillingworth, the Senior Independent Director, retired from the
Board.
For further information please
contact:
Alex Crooke
Fund Manager
The Bankers Investment Trust
PLC
Telephone: 020 7818 4447
Dan Howe
Head of Investment Trusts
Janus Henderson Investors
Telephone: 020 7818 4458
Harriet Hall
Investment Trust PR
Director
Janus Henderson Investors
Telephone: 020 7818 2919