RIT Capital Partners PLC

AGM Information • May 1, 2025

National Storage Mechanism | Additional information

RNS Number : 1244H

RIT Capital Partners PLC

01 May 2025

1 May 2025

RIT CAPITAL PARTNERS PLC (LEI: P31Q1NLTW35JJGHA4667) 

RESULT OF ANNUAL GENERAL MEETING - (ALL RESOLUTIONS PASSED)

The Annual General Meeting of RIT Capital Partners plc ('Company') was held on Thursday 1 May 2025.

All resolutions as set out in the Notice of Meeting dated 25 March 2025 were passed and prints of the items of special business passed will shortly be available for inspection on the National Storage Mechanism. 

The proxy votes cast on each resolution were as follow:

RESOLUTION		For/ Discretionary	%	Against	%	Withheld
ORDINARY BUSINESS:
1.	Approval of the Directors' Report and Accounts for the year ended 31 December 2024	68,464,348	99.93	47,763	0.07	16,323
2.	Approval of the Directors' Remuneration Report for the year ended 31 December 2024	68,099,280	99.52	330,573	0.48	98,581
3.	Re-election of Philippe Costeletos as a Director	68,010,111	99.33	456,168	0.67	62,155
4.	Re-election of Andr é Perold as a Director	67,594,999	99.14	585,446	0.86	314,808
5.	Re-election of Dame Hannah Rothschild as a Director	67,529,897	98.62	942,665	1.38	55,872
6.	Re-election of Vikas Karlekar as a Director	68,189,985	99.60	274,884	0.40	63,565
7.	Re-election of Cecilia McAnulty as a Director	68,212,828	99.61	269,817	0.39	45,789
8.	Re-election of Jutta af Rosenborg as a Director	68,182,133	99.60	276,051	0.40	70,250
9.	Election of Helena Coles as a Director	68,225,909	99.60	272,874	0.40	29,651
10.	Re-appointment of Ernst & Young LLP as auditors	68,200,919	99.57	291,348	0.43	36,167
11.	To authorise the Directors to fix the remuneration of the auditors	68,259,012	99.66	233,397	0.34	36,025
SPECIAL BUSINESS:
12.	To renew the power to allot equity securities	68,074,460	99.39	420,041	0.61	33,933
13.	To authorise the Directors to allot equity securities for cash	68,092,373	99.40	412,257	0.60	23,804
14.	To renew the authority to repurchase up to 14.99 per cent. of the Company's issued share capital	67,780,275	98.93	730,763	1.07	17,396
15.	To change the notice period for general meetings other than annual general meetings to 14 days	68,088,738	99.39	416,838	0.61	22,858

Resolutions 1 to 12 were passed as ordinary resolutions and resolutions 13 to 15 were passed as special resolutions. 

Composition of Board

Pursuant to UKLR 6.4.6R, the Company announces the following Board changes with immediate effect:

Following the retirement of Sir James Leigh-Pemberton, Philippe Costeletos, a Non-Executive Director of the Company, has been appointed Chairman of the Company, and Chair of the Nominations Committee;

Jutta af Rosenborg, a Non-Executive Director of the Company, has been appointed as Senior Independent Director, Chair of the Conflicts Committee, and Chair of the Remuneration Committee;

Helena Coles, a Non-Executive Director of the Company, has been appointed as a member of the Conflicts Committee, and Remuneration Committee; and

Cecilia McAnulty, a Non-Executive Director of the Company, has been appointed as a member of the Nominations Committee.

For more information:

J. Rothschild Capital Management (Manager):

T: 020 7647 8565

E:  investorrelations@ritcap.co.uk

Deutsche Numis (Joint Broker):

Nathan Brown / Vicki Paine

T: 020 7260 1000

JP Morgan Cazenove (Joint Broker):

William Simmonds

T: 020 3493 8000

Brunswick Group (Media enquiries):

Nick Cosgrove, Sofie Brewis

T: 020 7404 5959E:  RIT@BrunswickGroup.com  

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