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LONDON - Polar Capital Technology Trust plc (LON:PCT) shareholders voted to approve the continuation of the company as an investment trust at its 29th Annual General Meeting held on Wednesday.
The continuation resolution received support from over 596 million shares, representing approximately 87% of the votes cast. All other resolutions proposed at the meeting were also passed, including the re-election of five directors and the election of Mrs. Ighodaro as a new director.
Shareholders approved the Annual Report for the year ended April 30, 2025, and the Directors’ Remuneration Implementation Report. The company also received authorization to allot ordinary shares, disapply statutory pre-emption rights, and buy back its ordinary shares.
During the AGM, portfolio managers Ben Rogoff and Mr. Unwin delivered a presentation on the trust’s investment performance, covering both the portfolio and the markets in which the company invests.
KPMG LLP was re-appointed as the company’s auditor, with directors authorized to determine their remuneration.
According to the company statement, 50.5% of Polar Capital Technology Trust’s issued share capital participated in the voting. The investment trust had 1,373,150,000 ordinary shares in issue at the date of the AGM.
Polar Capital Technology Trust is an investment company focused on technology investments. The presentation slides from the AGM will be made available on the company’s website.
This article is based on information from a company press release statement.
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