24 July 2024
Palace Capital plc
("Palace Capital" or the "Company")
Results of 2024 Annual General Meeting
Palace Capital (LSE: PCA) announces the results of the Company's Annual General Meeting held earlier today.
The resolutions were as set out in the Notice of Meeting, available on the company's website, www.palacecapitalplc.com.
The resolutions numbered 1-7 were passed as Ordinary Resolutions. Resolutions numbered 8 and 9 were passed as Special Resolutions. All votes were held on a poll.
The total votes cast were as follows:
Resolution |
In Favour Votes |
Against Votes |
Withheld Votes |
||
|
No. |
% |
No. |
% |
|
1. Receive and approve the Report and Accounts |
19,676,606 |
99.99 |
1,207 |
0.01 |
0 |
2. Receive and approve the Directors' Remuneration Report |
19,611,944 |
99.67 |
64,196 |
0.33 |
1,671 |
3. Declare a final dividend of |
19,676,606 |
99.99 |
1,207 |
0.01 |
0 |
4. Re-appoint BDO LLP as auditor |
19,672,563 |
99.97 |
5,250 |
0.03 |
0 |
5. Authorise the Audit and Risk Committee to determine the remuneration of the auditor |
19,676,063 |
99.99 |
1,750 |
0.01 |
0 |
6. Re-elect Steven Owen as a Director |
17,619,384 |
95.64 |
802,964 |
4.36 |
1,255,464 |
7. Re-elect Mark Davies as a Director |
19,354,209 |
98.36 |
323,603 |
1.64 |
0 |
8. Authorise market purchase of up to 5,624,044 Ordinary Shares of the Company |
19,673,392 |
99.98 |
4,421 |
0.02 |
0 |
9. Authorise calling a General Meeting on not less than 14 clear days' notice |
19,649,338 |
99.86 |
28,475 |
0.14 |
0 |
A vote withheld is not a vote in law and is not counted in the calculation of the number or % of votes "For" or "Against" a resolution.
The Board would like to thank shareholders for their engagement and support.
For further information please contact:
PALACE CAPITAL PLC
Steven Owen, Executive Chairman
Financial PR
FTI Consulting
Dido Laurimore/ Giles Barrie
Tel: +44 (0)20 3727 1000
palacecapital@fticonsulting.com
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