LONDON - Seraphim Space Investment Trust PLC (LSE:SSIT), the world's first listed fund focused on SpaceTech, announced today that all resolutions proposed at its Annual General Meeting (AGM) were duly passed. The meeting, which took place on Tuesday, saw a high level of support from shareholders, with the majority of votes cast in favor of the resolutions.
The resolutions covered various aspects of the company's governance and future operations. Notably, the first resolution, which typically involves the adoption of the company's annual accounts, received 99.94% votes in favor. Other resolutions also saw similar levels of support, with the lowest percentage of votes in favor being 94.72% for the sixth resolution.
The company emphasized that votes withheld are not counted as votes in law and hence are not considered when determining the proportion of votes "for" or "against" a resolution. The details of the votes cast for each resolution, as well as the full text of the resolutions, will be made available on the company's website and submitted to the National Storage Mechanism for public inspection.
Seraphim Space Investment Trust PLC specializes in investments in early and growth-stage private SpaceTech businesses that have the potential to dominate globally. The company focuses on sectors such as climate, communications, mobility, and security, including cybersecurity.
The success of the AGM reflects the trust and confidence the shareholders place in the management and strategic direction of the company. The results of the AGM are based on a press release statement provided by the company.
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