CMPG Ct Global Managed Portfolio Trust Plc

TIDMCMPG

RNS Number : 3990B

CT Global Managed Portfolio Trust

30 September 2022

   To:                   RNS 
   Date:               30 September 2022 
   Company:       CT Global Managed Portfolio Trust PLC 
   LEI:                  213800ZA6TW45NM9YY31 

Subject: Result of Annual General Meeting

CT Global Managed Portfolio Trust PLC (the "Company") announces that, at the Annual General Meeting held on 29 September 2022, a poll was held on each of the resolutions and all 13 resolutions proposed were duly passed, including those detailed below:

-- An ordinary resolution authorising the Directors' to allot new Income shares up to an aggregate nominal amount of GBP921,933.02 (consisting of 9,707,000 Income shares) and new Growth shares up to an aggregate nominal amount of GBP741,763.35 (consisting of 7,810,000 Growth shares), being approximately 20% of the Company's total issued Income shares and approximately 20% of the Company's total issued Growth shares respectively (excluding shares held in treasury). This authority will expire at the conclusion of the Company's next Annual General Meeting to be held after the passing of this resolution or on the expiry of 15 months from the passing of this resolution, whichever is earlier, unless previously revoked, varied or extended by the Company in general meeting.

-- A special resolution authorising the Directors' to allot new Income shares, or resell Income shares held in treasury, up to an aggregate nominal amount of GBP460,966.51 (consisting of 4,853,500 Income shares) and allot new Growth shares or resell Growth shares held in treasury, up to an aggregate nominal amount of GBP370,881.67 (consisting of 3,905,000 Growth shares) being approximately 10% of the Company's total issued Income shares and approximately 10% of the Company's total issued Growth shares respectively (including shares held in treasury) for cash without first offering such shares to existing shareholders pro rata to their existing holdings. This authority will expire at the conclusion of the Company's next Annual General Meeting to be held after the passing of this resolution or on the expiry of 15 months from the passing of this resolution, whichever is earlier unless previously varied, revoked or renewed by the Company in general meeting.

-- A special resolution providing the Directors' with additional authority to allot further new Income shares or resell Income shares held in treasury up to an aggregate nominal amount of GBP460,966.51 (consisting of 4,853,500 Income shares) and allot further new Growth shares or resell Growth shares held in treasury, up to an aggregate nominal amount of GBP370,881.67 (consisting of 3,905,000 Growth shares) being approximately 10% of the Company's total issued Income shares and approximately 10% of the Company's total issued Growth shares respectively (including shares held in treasury) for cash without first offering such shares to existing shareholders pro rata to their existing holdings. This authority will expire at the conclusion of the Company's next Annual General Meeting to be held after the passing of this resolution or on the expiry of 15 months from the passing of this resolution, whichever is earlier unless previously varied, revoked or renewed by the Company in general meeting.

-- A special resolution renewing the Directors' authority to make market purchases of up to 7,275,000 Income shares and 5,853,000 Growth shares being approximately 14.99% of the issued Income shares and 14.99% of the issued Growth shares (excluding Income shares and Growth shares held in treasury). This authority will expire at the conclusion of the Company's next Annual General Meeting or on 29 December 2023, whichever is the earlier, unless previously varied, revoked or renewed by the Company in general meeting.

-- A special resolution to approve the proposed Purchase Contract to enable the Company to make off-market purchases of its own deferred shares.

The results of the poll were as follows:

 
                              For and Discretionary         Against          Withheld       Total Votes 
                                                                                             (excluding 
                                                                                           Votes Withheld) 
      Resolution                 No of        % of       No of      % of    No of Votes 
                                 Votes        Votes      Votes      Votes 
                                               Cast                 Cast 
     ---------------------  --------------  --------  ----------  -------  ------------  ----------------- 
      Receive Annual 
       Report & Financial 
       Statements for 
       the year to 
 1     31 May 2022              41,702,428    100.0%       2,881     0.0%     2,357,569         41,705,309 
     ---------------------  --------------  --------              -------                ----------------- 
      Approve Directors' 
       Remuneration 
       Report for the 
       year to 31 May 
 2     2022                     34,752,373     92.0%   3,042,071     8.0%     6,268,434         37,794,444 
     ---------------------  --------------  --------              -------                ----------------- 
      To elect Shauna 
       L. Bevan as 
 3     a Director               38,112,914     97.6%     935,966     2.4%     5,013,995         39,048,880 
     ---------------------  --------------  --------              -------                ----------------- 
      To re-elect 
       Sue P. Inglis 
 4     as a Director            37,541,954     96.1%   1,518,798     3.9%     5,002,125         39,060,752 
     ---------------------  --------------  --------              -------                ----------------- 
      To re-elect 
       Simon M. Longfellow 
 5     as a Director            38,404,380     97.4%   1,027,138     2.6%     4,631,358         39,431,518 
     ---------------------  --------------  --------              -------                ----------------- 
      To re-elect 
       David Warnock 
 6     as a Director            38,535,118     97.8%     883,485     2.2%     4,644,276         39,418,603 
     ---------------------  --------------  --------              -------                ----------------- 
      To re-appoint 
       KPMG LLP as 
       Auditor and 
       authority to 
       determine its 
 7     remuneration             37,638,980     95.1%   1,926,749     4.9%     4,497,149         39,565,729 
     ---------------------  --------------  --------              -------                ----------------- 
      Approval of 
       the Company's 
 8     dividend policy          40,263,671     99.2%     310,770     0.8%     3,488,439         40,574,441 
     ---------------------  --------------  --------              -------                ----------------- 
      Authorise the 
       Directors to 
 9     allot shares             39,473,910     98.7%     534,106     1.3%     4,054,863         40,008,016 
     ---------------------  --------------  --------              -------                ----------------- 
      Authorise the 
       Directors to 
       allot shares 
       and sell treasury 
       shares without 
       pre-emption 
 10    rights                   37,348,411     97.3%   1,031,291     2.7%     5,683,179         38,379,702 
     ---------------------  --------------  --------              -------                ----------------- 
      Authorise the 
       Directors to 
       allot additional 
       shares and sell 
       treasury shares 
       without pre-emption 
 11    rights                   37,149,811     97.0%   1,154,257     3.0%     5,758,813         38,304,068 
     ---------------------  --------------  --------              -------                ----------------- 
      Authorise the 
       Company to purchase 
 12    own shares               39,371,563     99.2%     310,404     0.8%     4,380,912         39,681,967 
     ---------------------  --------------  --------              -------                ----------------- 
      Approval of 
       Proposed purchase 
 13    contract                 35,863,878     97.2%   1,042,620     2.8%     7,156,382         36,906,498 
     ---------------------  --------------  --------              -------                ----------------- 
 

The full text of all the resolutions can be found in the Notice of Annual General Meeting set out in the Annual Report and Financial Statements for the year ended 31 May 2022 which was submitted to the National Storage Mechanism on 17 August 2022 and is available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism and on the Company's website www.ctglobalmanagedportfolio.co.uk

Under the Articles of Association, at a general meeting on a poll, each Income shareholder and each Growth shareholder is entitled to a weighted vote determined in accordance with the underlying NAV of the relevant share class. The related share voting numbers for this meeting were 1.31 and 2.45 for the Income shares and Growth shares respectively.

At the time of the meeting the Company's issued share capital consists of 48,862,165 Income shares and 39,050,148 Growth shares with voting rights. Based on the share voting numbers determined for this meeting, the total voting rights applicable to the poll on the above resolutions were 159,682,299

For further information please contact:

Columbia Threadneedle Investment Business Limited

Company Secretary

Telephone: 0131 718 1010

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September 30, 2022 09:16 ET (13:16 GMT)