Impax Environmental Markets PLC

AGM Information • May 20, 2021

National Storage Mechanism | Additional information

RNS Number : 3549Z

Impax Environmental Markets PLC

20 May 2021

IMPAX ENVIRONMENTAL MARKETS PLC (the "Company")

LEI: 213800RAR6ZDJLZDND86

Result of AGM

Impax Environmental Markets plc (the "Company") is pleased to announce that all of the resolutions put forward at its Annual General Meeting ("AGM") held earlier today were passed. All resolutions put forward passed with in excess of 96% of votes being cast in favour.  

As announced on 6 April 2021, in response to the COVID-19 pandemic and UK Government restrictions on indoor public gatherings, physical attendance at the meeting was restricted with shareholders voting in advance by proxy.

Details of the number of proxy votes cast for, against and withheld along with the Investment Manager's presentation have been published on the Company's website at https://impaxenvironmentalmarkets.co.uk/trust-info/reports-and-company-documents/ 

The text of all the resolutions is contained in the Notice of AGM in the Company's Annual Report for the year ended 31 December 2020.

The proxy votes received were as follows:

Resolution		In Favour / Discretionary		Against		Withheld
1	To receive the Company's annual accounts for the year ended 31 December 2020.	144,080,507	99.99%	14,561	0.01%	10,754
2	To approve the Directors' Remuneration Policy included in the Annual Report for the year ended 31 December 2020.	143,969,060	99.93%	94,069	0.07%	42,693
3	To approve the Directors' Remuneration Report included in the Annual Report for the year ended 31 December 2020.	143,975,963	99.94%	84,161	0.06%	45,698
4	To approve the Company's Distribution Policy.	144,609,149	99.98%	23,137	0.02%	8,805
5	To re-elect John Scott as a director of the Company.	143,796,421	99.80%	289,342	0.20%	20,059
6	To re-elect Aine Kelly as a director of the Company.	144,028,561	99.96%	61,415	0.04%	15,846
7	To re-elect Stephanie Eastment as a director of the Company.	144,029,319	99.96%	60,657	0.04%	15,846
8	To re-elect Vicky Hastings as a director of the Company.	144,029,319	99.96%	61,315	0.04%	15,188
9	To elect Simon Fraser as a director of the Company.	144,070,725	99.99%	20,214	0.01%	14,883
10	To re-appoint BDO LLP as auditor to the Company.	144,048,084	99.97%	44,312	0.03%	13,426
11	To authorise the directors to fix the remuneration of the auditor until the conclusion of the next Annual General Meeting of the Company.	144,074,018	99.99%	15,241	0.01%	16,563
12	That the directors be authorised to exercise all powers to allot relevant securities up to a maximum nominal amount equal to £2,779,709 GBP.	144,024,990	99.96%	51,345	0.04%	29,487
13	That in substitution for any existing power under section 570 the directors be empowered to allot equity securities for cash.	144,020,528	99.96%	52,887	0.04%	32,407
14	That the Company be authorised to make market purchases of its Ordinary Shares of 10p each up to 14.99% of the shares in issue.	139,116,963	96.55%	4,969,892	3.45%	18,967
15	That a general meeting of the Company other than an Annual General Meeting may be called on not less than 14 clear days' notice.	143,634,541	99.68%	461,941	0.32%	9,340

On the record date for voting at the meeting, the Company's total issued share capital was 280,970,988 ordinary shares, therefore, the total number of ordinary shares with voting rights in the Company was 280,970,988.

Further to the announcement in the Company's Annual Report, after 10 years of service, William Rickett retired as a member of the Board and Chair of the Remuneration Committee at the conclusion of the AGM held today. The Company is pleased to announce that Vicky Hastings, has been appointed to replace Mr Rickett as Chair of the Remuneration Committee with immediate effect.  

Copies of all the resolutions passed, other than ordinary business, will be submitted to the National Storage Mechanism and will shortly be available for inspection at:  https://data.fca.org.uk/#/nsm/nationalstoragemechanism 

20 May 2021

Enquiries

PraxisIFM Fund Services (UK) Limited

Martin Darragh / Jenny Thompson 0204 513 9260

Company Secretary

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