Impax Environmental Markets PLC

AGM Information • May 18, 2022

National Storage Mechanism | Additional information

RNS Number : 9953L

Impax Environmental Markets PLC

18 May 2022

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 99% of votes being cast in favour.  

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 2021.

The proxy votes received were as follows:

Resolution		In Favour / Discretionary		Against		Withheld
		Votes	%	Votes	%	Votes
1	To receive the Company's annual accounts for the year ended 31 December 2021.	135,132,041	99.99%	14,546	0.01%	102,590
2	To approve the Directors' Remuneration Report included in the Annual Report for the year ended 31 December 2021.	135,068,941	99.95%	67,347	0.05%	112,889
3	To approve the Company's Distribution Policy.	135,129,902	99.98%	23,441	0.02%	95,834
4	To re-elect John Scott as a director of the Company.	133,770,273	99.15%	1,149,072	0.85%	329,832
5	To re-elect Aine Kelly as a director of the Company.	134,208,542	99.31%	937,977	0.69%	102,658
6	To re-elect Stephanie Eastment as a director of the Company.	134,205,442	99.30%	941,077	0.70%	102,658
7	To re-elect Vicky Hastings as a director of the Company.	134,148,702	99.26%	997,817	0.74%	102,658
8	To elect Nicholas Hurd as a director of the Company.	135,105,252	99.97%	35,793	0.03%	108,132
9	To re-appoint BDO LLP as auditor to the Company.	135,107,359	99.97%	35,628	0.03%	106,190
10	To authorise the directors to fix the remuneration of the auditor until the conclusion of the next Annual General Meeting of the Company.	135,123,177	99.98%	25,285	0.02%	100,715
11	To approve the continuation of the Company as an investment trust for a further three year period.	135,137,932	99.99%	14,546	0.01%	96,699
12	In accordance with Article 87 of the Articles of Association of the Company, to increase the maximum aggregate for the Directors' remuneration from £200,000 to £250,000.	135,023,122	99.92%	105,798	0.08%	120,257
13	That the directors be authorised to exercise all powers to allot relevant securities up to a maximum nominal amount equal to £3,402,985.	135,110,810	99.98%	33,563	0.02%	104,804
14*	That, subject to the passing of resolution 13, and in substitution for any existing power under section 570 the directors be empowered to allot equity securities for cash.	135,004,865	99.90%	140,227	0.10%	104,085
15*	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.	135,125,105	99.98%	22,042	0.02%	102,030
16*	That a general meeting of the Company other than an Annual General Meeting may be called on not less than 14 clear days' notice.	134,487,771	99.52%	653,496	0.48%	107,910

*Special Resolutions

On the record date for voting at the meeting, the Company's issued share capital was 305,623,539 ordinary shares. The Company was holding 260,000 of these shares in Treasury. Therefore, the total number of ordinary shares with voting rights in the Company was 305,363,539.

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

18 May 2022

Enquiries

Sanne Fund Services (UK) Limited

Martin Darragh / Shilla Pindoria 020 3327 9720

Company Secretary

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