Petershill Partners AGM resolutions passed unanimously

LONDON - Petershill Partners PLC (LSE:PHLL), a global investment firm, announced the successful passage of all proposed resolutions at its Annual General Meeting (AGM) held today. The company, which convened the meeting to review its financial year ended December 31, 2024, reported near-universal shareholder approval for its agenda items, including the adoption of its annual report and accounts, approval of director remuneration, and the re-election of board members.

The AGM saw shareholders vote in favor of the company’s financial statements and directors’ reports with more than 99% approval. A final dividend for 2024 of 10.5 cents per share was declared, reflecting unanimous consent from the voting participants. Additionally, the re-appointment of PricewaterhouseCoopers LLP (PwC) as the company’s auditor was confirmed, with the Audit and Risk Committee being authorized to determine PwC’s remuneration.

Key management figures, including Naguib Kheraj, Everard Barclay Simmons, Annemarie Durbin, Erica Handling, and Mark Merson, were re-elected as directors, each securing above 99% of the votes in favor.

Special resolutions, requiring a 75% majority, were also passed. These included the disapplication of pre-emption rights, authority for the company to purchase its own shares, and the ability to call a general meeting with not less than 14 clear days’ notice.

The authority to allot shares was granted with unanimous support, and resolutions to disapply pre-emption rights in certain share allotments were approved with over 99% of votes in favor. The company was given the green light to purchase its own shares, with 99.67% of voting shareholders in agreement.

The AGM’s outcomes indicate strong shareholder confidence in Petershill Partners’ governance and strategic direction. The company’s total number of shares eligible for voting at the AGM was 1,081,708,167, with the voting process adhering to UK Listing Rules.

The full text of the special resolutions and further details can be found in the Notice of 2025 Annual General Meeting available on the company’s website. This announcement, based on a press release statement, confirms the resolutions’ passage as part of the company’s compliance with UK Listing Rules.

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