North Atlantic Smaller Companies Invesment Trust PLC

AGM Information • Jun 21, 2022

National Storage Mechanism | Additional information

RNS Number : 6904P

North Atlantic Smlr Co Inv Tst PLC

21 June 2022

North Atlantic Smaller Companies Investment Trust PLC (the "Company")

Result of Annual General Meeting

The Company announces that at the Annual General Meeting (the "Meeting") of the Company held today (21 June 2022), all of the resolutions, as set out in full in the notice of the Meeting dated 20 May 2022 (the "Notice"), including the waiver of the requirements of Rule 9 of the City Code on Takeovers and Mergers in connection with the Company's ability to buy back its own shares (Resolution 14), as amended, were duly passed as below.

Resolutions 1 to 11 were passed by way of show of hands and Resolutions 12 to 14 were passed by way of polls using the proxy votes.

Proxy votes received

Resolution	For	Against	Votes Withheld
1	7,361,486	104	2,054
2	7,323,254	37,601	2,789
3	6,867,244	493,426	2,974
4	7,010,928	349,272	3,444
5	7,296,739	63,311	3,594
6	7,296,390	63,633	3,621
7	6,553,062	265,603	544,979
8	7,356,982	1,966	4,696
9	7,357,896	804	4,944
10	7,319,830	40,013	3,801
11	7,284,727	58,861	20,056
12	7,200,519	160,383	2,742
13	7,337,692	21,341	4,611
14*	2,502,293	1,132,052	3,729,299

*     Resolution 14 was put to the Meeting as a resolution of the independent shareholders of the Company. As a result, 9,455,336 of the ordinary shares in issue were eligible to vote on this resolution, these shares not being held by the Concert Party (as defined in the Notice). The waiver of Rule 9 granted by Resolution 14 permits the Concert Party's interest in the Company's shares to increase from 30.78% to a maximum of 34.21% (in each case representing 4,205,664 ordinary shares) as a result of the share buyback authorised by Resolution 12 without requiring the Concert Party to make a mandatory offer for the other shareholders' shares. The results of the poll vote on this Resolution 14 were 2,502,293 votes for, 1,132,052 against, 3,729,299 abstentions, therefore with 68.85% in favour of the resolution.

Contact:

Jane Muir

For Kin Company Secretarial Limited

Company Secretary

020 8819 6486

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