M&G Equity Investment Trust P.L.C.M&G Equity Investment Trust P.L.C.

Nick EvansNick Evans

Fund manager:  Nick Evans

Products available:  ISA

Fund objective & policy

The principal aim is to provide an above average rate of capital appreciation and income growth with increasing dividends each year. The expected winding-up date of the company is 8 March 2011.

 

About the fund manager

Nick Evans joined M&G in May 2006 as a UK equity income fund manager. He is also Head of Investment Trusts, with overall fund management responsibility for the investment trust portfolios that M&G manages. In 1982, Nick joined British Steel Pension Fund as an investment analyst. He moved to Morgan Grenfell Investment Management in 1985, was made Head of Research in 1988 and assumed responsibility for the management of the UK pension funds in 1990. The following year, Deutsche Asset Management acquired Morgan Grenfell and Nick was appointed managing director of equities at Deutsche Asset Management in 2002. In this position, Nick managed the equity component of the UK pension funds, as well as the CAF Charity Fund and the DWS Blue Chip Fund. In 1982, Nick graduated from Oriel College, Oxford, with a BA honours in modern history.

Important information

Annual General Meeting and class meetings to be held on 7 October 2009.

The fourteenth Annual General Meeting of M&G Equity Investment Trust plc (the ‘Company’) will be held at Governor’s House, Laurence Pountney Hill, London EC4R 0HH on 7 October 2009 at 3.15pm, preceded by Separate General Meetings of the holders of Zero Dividend Preference, Income and Capital Shares, which will commence at 3pm.

View a copy of the Notices of Meetings (78 KB).

As at 25 August 2009, the Company had the following shares in issue:

172,451,139 Zero Dividend Preference Shares of 1 pence each
172,451,139 Income Shares of 1 pence each
172,451,139 Capital Shares of 1 pence each

Holders of Income and Capital Shares are, on a show of hands, each entitled to one vote, and on a poll entitled to one vote for each share held, in respect of each resolution to be put to the Annual General Meeting of the Company.

Holders of Zero Dividend Preference Shares are, on a show of hands, each entitled to one vote, and on a poll entitled to one vote for each share held, in respect of the resolution to be put to the Separate General Meeting of the holders of Zero Dividend Preference Shares.

Holders of Income Shares are, on a show of hands, each entitled to one vote, and on a poll entitled to one vote for each share held, in respect of the resolution to be put to the Separate General Meeting of the holders of Income Shares.

Holders of Capital Shares are, on a show of hands, each entitled to one vote, and on a poll entitled to one vote for each share held, in respect of the resolution to be put to the Separate General Meeting of the holders of Capital Shares.

Results of Separate General Meetings and Annual General Meeting held on 7 October 2009

M&G Equity Investment Trust P.L.C. announces that at its Separate General Meetings and Annual General Meeting held earlier today, all resolutions were duly passed and the results of the voting are as follows:

Separate General Meeting of the holders of Zero Dividend Preference Shares:

 Special ResolutionVotes ForVotes AgainstAbstentions
 Renewal of authority for purchase of own shares15,062,557203,934462,241

Separate General Meeting of the holders of Income Shares:

 Special ResolutionVotes ForVotes AgainstAbstentions
 Renewal of authority for purchase of own shares13,325,450214,03740,530

Separate General Meeting of the holders of Capital Shares:

 Special ResolutionVotes ForVotes AgainstAbstentions
 Renewal of authority for purchase of own shares9,687,096162,9632,072,662

Annual General Meeting:

 Ordinary BusinessVotes ForVotes AgainstAbstentions
1.To receive the Directors’ Report and the Financial Statements25,761,64170,9880
2.To approve the Directors’ Remuneration Report24,638,951838,64648,786
3.To re-elect Mr J C Barclay as a director25,229,491275,7340
4.To re-elect Mr A Kaye as a director25,156,705342,7980
5.To re-elect Mr I Philips as a director25,065,813370,1480
6.To re-elect Mr E L Rosengarten as a director25,092,117413,1080
7.To re-appoint PricewaterhouseCoopers LLP as auditor and to authorise Directors to determine their remuneration25,463,829306,1508,000
     
 Special Buisness   
     
8.Renewal of authority to allot relevant securities25,160,003345,0046,000
9.Renewal of authority for purchase of own shares25,336,215233,82831,000
10.General meetings (other than annual general meetings) called on not less than 14 days’ notice25,112,637353,88228,000

 

In addition to the data that can be found by accessing the menu to the left of this page you may also wish to read the key features document which contains further information.

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Issued by M&G Securities Limited and M&G Financial Services Limited which are subsidiaries of M&G Limited. M&G Limited is incorporated and registered in England. Registered Office: Laurence Pountney Hill, London, EC4R 0HH. Registered in England No. 1048359. Registered for VAT, number GB235 3237 81. Both M&G Securities Limited and M&G Financial Services Limited are authorised and regulated by the Financial Services Authority and provide ISAs and other investments. M&G Securities Limited is registered on the FSA's register, No. 122057 (www.fsa.gov.uk/register). Registered Office Laurence Pountney Hill, London, EC4R 0HH. Registered in England No. 90776. M&G Financial Services Limited is registered on the FSA's register, No. 122058 (www.fsa.gov.uk/register). Registered Office Laurence Pountney Hill, London, EC4R 0HH. Registered in England No. 923891. Both companies are registered for VAT, number GB235 3237 81.