Keystone Investment Trust plc
LEI:5493002H3JXLXLIGC563
Annual General Meeting Results
At the Annual General Meeting of the Company held on 24 January 2017,
shareholders approved the following resolutions:
1. to receive the Annual Financial Report for the year ended 30 September
2016;
2. to approve the Directors' Remuneration Policy;
3. to approve the Annual Statement and Report on Remuneration;
4. to re-elect Mrs Beatrice Hollond a Director of the Company;
5. to re-elect Mr Ian Armfield a Director of the Company;
6. to re-elect Mr William Kendall a Director of the Company;
7. to re-elect Mr Peter Readman a Director of the Company;
8. to re-elect Mr John Wood a Director of the Company;
9. to reappoint PricewaterhouseCoopers LLP as Auditor to the Company
and authorise the Audit Committee to determine their remuneration;
10. to renew the Directors' authority to allot securities;
11. to renew the Directors' authority to allot securities for cash
while disapplying pre-emption rights within parameters specified;
12. to renew the Directors' authority to purchase up to 14.99% of the
Company's shares in the market within the parameters specified; and
13. that the period of notice required for general meetings of the
Company (other than AGMs) shall be no less than 14 clear days.
Resolutions 1 to 10 were passed on a show of hands, resolutions 11 to 13
were passed on a poll.
A breakdown of the proxy votes registered is shown below.
Resolution Votes For Votes Against Votes Withheld
(including votes at
the discretion of
the Chairman)
Ordinary resolutions:
1. 1,996,114 2,046 405
2. 1,996,006 2,074 485
3. 1,996,290 2,074 201
4.* 1,313,157 685,261 147
5. 1,995,238 2,775 552
6. 1,778,088 219,925 552
7. 1,475,099 210,317 313,149
8. 1,996,863 1,150 552
9. 1,998,161 0 405
10. 1,996,450 2,022 93
The poll results are set out below.
Special resolutions:
11. 1,995,066 2,259 1,241
12. 1,993,949 2,225 2,391
13. 1,956,264 41,146 1,156
*The Board understands that the large vote against the Chairman derived from
the corporate governance policies of certain institutional shareholders in
relation to Board tenure. The Board firmly believes that a sufficient blend of
skill and experience is currently exhibited by the Board as a whole, but
accepts the call for further regeneration and will give more priority to
consideration of the issue this year.
The Company has 13,518,799 ordinary shares of 50p each in issue. On a poll
these carry one vote per £1 of nominal capital, accordingly Total Voting Rights
were 6,759,399. The above tables represent the number of votes registered.
The number of shares represented are twice the above numbers.
Invesco Asset Management Limited
Corporate Company Secretary
24 January 2017