Aberforth Smaller Companies Trust plc

AGM Information • Mar 6, 2025

National Storage Mechanism | Additional information

Aberforth Smaller Companies Trust Plc - Result of AGM

PR Newswire

LONDON, United Kingdom, March 06

Aberforth Smaller Companies Trust plc

Annual General Meeting held on 6 March 2025

The Board of Aberforth Smaller Companies Trust plc hereby reports that all the resolutions proposed at the Annual General Meeting held on 6 March 2025 were passed by Shareholders on a poll.  

The table below shows the results of the poll.

Resolution	Votes For	% Votes For	Votes Against	% Votes Against	Total Votes cast (excluding Votes Withheld)	Votes Withheld
1    That the Report and      Financial Statements  for  the year ended 31      December 2024 be      adopted.	45,611,979	95.25%	2,275,752	4.75%	47,887,731	6,819
2    That the Directors’      Remuneration Report for   the year ended 31      December 2024 be      approved.	47,812,027	99.88%	56,659	0.12%	47,868,686	25,864
3    That a final dividend of  30.00p per share and a   special dividend of 6.00p  per share be approved.	47,885,536	99.99%	3,923	0.01%	47,889,459	5,091
4   That Richard Davidson be      re-elected as a Director.	47,859,516	99.97%	16,467	0.03%	47,875,983	18,567
5    That Jaz Bains be      re-elected as a Director.	47,855,080	99.96%	18,626	0.04%	47,873,706	20,844
6    That Patricia Dimond be   re-elected as a Director.	47,856,925	99.96%	16,781	0.04%	47,873,706	20,844
7    That Victoria Stewart be  re-elected as a Director.	47,855,850	99.96%	17,651	0.04%	47,873,501	21,049
8    That Martin Warner be r e-elected as a Director.	47,859,259	99.97%	15,531	0.03%	47,874,790	19,760
9   That Johnston      Carmichael LLP be      re-appointed as      Independent Auditor of  the Company to hold      office until the      conclusion of the next  Annual General Meeting  at which the Financial  Statements are laid  before the Company.	47,723,616	99.96%	19,966	0.04%	47,743,582	150,968

10 That the Audit       Committee be        authorised to determine the remuneration of the       Independent Auditor for  the year to 31 December  2025.	47,861,131	99.97%	14,951	0.03%	47,876,082	18,468
11 That the Company be       authorised to buy back  Ordinary Shares.	48,027,854	99.57%	206,034	0.43%	48,233,888	6,491

Notes

1. A "Vote Withheld" is not a vote in law and is not counted in the calculation of the votes "For" or "Against" a resolution.
2. Proxy appointments which gave discretion to the Chairman have been included as votes for the resolution.
3. Resolutions 1 to 10 were ordinary resolutions and resolution 11 was a special resolution.
4. The total votes cast represented 57.90% of the 82,724,105 Ordinary Shares in issue at 4 March 2025.

The full text of the resolutions can be found in the Notice of the Annual General Meeting contained in the 2024 Annual Report and Financial Statements which is on the website www.aberforth.co.uk .   The report has been submitted to the National Storage Mechanism and is available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism .

Contact  

Michael Campbell, Aberforth Partners LLP, Secretaries

Telephone: 0131 220 0733

6 March 2025

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