JTC Plc — AGM Information 2019

May 22, 2019

National Storage Mechanism | Additional information

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RNS Number : 7658Z

JTC PLC

22 May 2019

22 May 2019

JTC PLC

(the "Company" and together with its subsidiaries "JTC" or the "Group")

Poll results of 2019 Annual General Meeting

JTC is pleased to announce the voting results of the Annual General Meeting of the Company's shareholders held on Tuesday, 21 May 2019 (the "AGM").

All resolutions as set out in the Notice of the AGM were passed with the requisite majority by means of a poll. Resolutions 1 to 12 were each passed as an Ordinary Resolution (requiring a simple majority for them to be passed) and resolutions 13 and 14 were each passed as a Special Resolution (requiring at least a 75% majority for them to be passed).

1. Poll Results

The results of the poll, incorporating proxy votes lodged in advance of the meeting, are set out below:

Resolutions	FOR		AGAINST		TOTAL VOTES CAST	Votes withheld
No. of votes	%	No. of votes	%	No. of votes	No. of votes
Resolution 1 To receive the annual accounts of the Company for the financial year ended 31 December 2018, together with the reports of the Directors and the Auditor.	94,660,365	100	0	0.00	94,660,365	0
Resolution 2 To approve the Directors' Remuneration Report.	91,538,065	99.80	180,717	0.20	91,538,065	2,941,583
Resolution 3 To approve the Directors' Remuneration Policy.	90,970,146	99.80	180,717	0.20	90,970,146	3,509,502
Resolution 4 To approve a final dividend of 2 pence per Ordinary Share.	94,660,365	100	0	0.00	94,660,365	0
Resolution 5 To re-appoint PricewaterhouseCoopers CI LLP as external auditor of the Company.	94,660,365	100	0	0.00	94,660,365	0
Resolution 6 To authorise the Audit Committee to determine the remuneration of the external auditor.	94,660,365	100	0	0.00	94,660,365	0
Resolution 7 To re-elect Michael Liston as a Director.	93,561,236	98.84	1,099,129	1.16	93,561,236	0
Resolution 8 To re-elect Nigel Le Quesne as a Director.	94,660,365	100	0	0.00	94,660,365	0
Resolution 9 To re-elect Dermot Mathias as a Director.	93,561,236	98.84	1,099,129	1.16	93,561,236	0
Resolution 10 To re-elect Michael Gray as a Director.	89,256,843	95.94	3,775,005	4.06	89,256,843	1,628,517
Resolution 11 To re-elect Martin Fotheringham as a Director.	94,660,365	100	0	0.00	94,660,365	0
Resolution 12 To authorise the Directors to allot Equity Securities (as defined in the Articles) and to grant rights to subscribe for or to convert any security into Equity Securities subject to certain limitations.	94,660,365	100	0	0.00	94,660,365	0
Resolution 13* To dis-apply pre-emption rights - general power.	89,555,485	94.61	5,104,880	5.39	89,555,485	0
Resolution 14* To authorise the Company to make market purchases of its own shares and to authorise the Company to hold any such purchased shares as treasury shares.	94,660,365	100	0	0.00	94,660,365	0

* Special Resolutions requiring a 75% majority

2. Notes

A 'Vote Withheld' is not a vote in law and has not been counted in the calculation of the proportion of the votes 'For' and 'Against' a resolution.

The total number of shares on the register at 6 pm on 17 May 2019, being those eligible to be voted on at the AGM, was 112,820,977.

In accordance with Listing Rule 9.6.2, copies of the Special Resolutions approved by shareholders will be submitted as soon as practicable to the National Storage Mechanism and will be available shortly thereafter for inspection at www.morningstar.co.uk/uk/nsm

The results will also be made available on the Company's website: http://www.jtcgroup.com

3.  Final Dividend

The timetable in relation to the final dividend is as follows:

Shares marked as ex-entitlement to dividend	Thursday, 30 May 2019
Record date for entitlement to dividend	5pm on Friday, 31 May 2019
Payment of dividend	Friday, 21June 2019

For further information please contact:

Miranda Lansdowne

JTC (Jersey) Limited

Company Secretary

+44 1534 700 000

Miranda.Lansdowne@jtcgroup.com

About JTC

JTC is an award-winning provider of fund, corporate and private wealth services to institutional and private clients. The Company has a global presence, with over 700 staff operating in more than 18 different jurisdictions and assets under administration totalling c. US$ 110+ billion.

JTC remains fully committed to its shared ownership culture and philosophy, with management and staff continuing to hold over 20% of the equity in the firm, clearly aligning the interests of clients, employees and other stakeholders.

www.jtcgroup.com

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