MONTANARO EUROPEAN SMALLER C.TSTPLC

AGM Information • Sep 8, 2022

National Storage Mechanism | Additional information

RNS Number : 8281Y

Montanaro European Smaller C.TstPLC

08 September 2022

Montanaro European Smaller Companies Trust PLC

("the Company")

LEI: 213800CWSC5B8BG3RS21

Results of Annual General Meeting

Following the Annual General Meeting (the "AGM") which was held today, 8 September 2022, the Company is pleased to announce that all resolutions put to shareholders were duly passed on a show of hands.      

Valid proxy votes received were as follows:

	For	%	Against	%	% Of ISC# Voted	Votes Withheld
Resolution 1: To receive the Annual Report and Accounts.	46,194,312	99.98	9,933	0.02	24.4	10,646
Resolution 2: To approve the Directors' Remuneration Report.	45,900,368	99.55	205,430	0.45	24.4	109,093
Resolution 3: To declare a final dividend of 0.725p per Ordinary Share for the year ended 31 March 2022.	46,204,245	100.00	0	0.00	24.4	10,646
Resolution 4: To re-elect Mr R M Curling as a Director of the Company.	45,105,499	97.78	1,026,303	2.22	24.4	83,089
Resolution 5: To re-elect Mrs C A Roxburgh as a Director of the Company.	40,131,858	86.97	6,012,211	13.03	24.4	70,822
Resolution 6: To re-elect Mr G Neilly as a Director of the Company.	45,106,709	97.78	1,025,093	2.22	24.4	83,089
Resolution 7: To re-appoint PricewaterhouseCoopers LLP as auditor to the Company.	41,005,635	88.82	5,159,596	11.18	24.4	49,660
Resolution 8: To authorise the Directors to determine the auditor's remuneration.	46,110,677	99.80	90,538	0.20	24.4	13,676
Resolution 9: To authorise the Directors to allot ordinary shares.	46,006,927	99.68	149,917	0.32	24.4	58,047
Resolution 10: To disapply statutory pre-emption rights.*	45,904,358	99.46	250,476	0.54	24.4	60,057
Resolution 11: To authorise the Company to purchase its own ordinary shares.*	41,136,855	89.09	5,040,136	10.91	24.4	37,900

# issued share capital

*special resolution

Notes:

1.	All resolutions were passed.
2.	Proxy appointments which gave discretion to the Chairman of the AGM have been included in the "For" total for the appropriate resolution.
3.	Votes "For" and "Against" any resolution are expressed as a percentage of votes validly cast for that resolution.
4.	A "Vote withheld" is not a vote in law and is not counted in the calculation of the percentage of shares voted "For" or "Against" any resolution nor in the calculation of the proportion of "% of  ISC voted" for any resolution.
5.	The number of shares in issue at close of business on 7 September 2022 was 189,427,600 Ordinary Shares in issue of £0.05 each. Each Ordinary Share carries one vote. The total voting rights in the Company as at 7 September 2022 were 189,427,600 votes.
6.	The proportion of "ISC voted" for any resolution is the total of votes validly cast for that resolution (i.e. the total votes "For" and "Against" that resolution) expressed as a percentage of the ISC.
7.	The full text of the resolutions passed at the AGM can be found in the Notice of Annual General Meeting which is available on the Company's website at https://montanaro.co.uk/trust/montanaro-european-smaller-companies-trust/.
8.	In accordance with listing rule 9.6.2R, a copy of resolutions 9-11 passed at the AGM will shortly be submitted to the National Storage Mechanism and will be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

Link Company Matters Limited

Company Secretary

8 September 2022

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