Bentley Capital Ltd. · ASX:BEL
Bentley Capital — Shareholder Meeting (November 2005)
14 slides from Bentley Capital's shareholder meeting presentation, Nov 24, 2005
Slide 1: Annual General Meeting
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Slide 2: Introductions
Introductions Chairman Farooq Khan Directors Christopher Ryan, Simon Cato Peter Simpson Secretary Victor Ho Notice of Annual General Meeting Proxies Received: 93 x 13,379,450 (34.5%) Voting Procedure
Slide 3: Agenda
AGENDA 1. Chairman’s Review 2. Investment Manager’s Presentation and Outlook 3. Annual Reports 4. Resolutions x 7 5. Questions
Slide 4: Chairman's Review
CHAIRMAN’S REVIEW • Overview of Performance • Challenges 1. Reduce share price discount to NTA backing 2. Reduce MER 3. Increase capital base 4. Pay a regular and stable dividend stream 5. Constellation Capital Management Ltd and HomeGlobal Investment Strategy 6. Investor relations campaign
Slide 5: Investment Manager's Presentation and Outlook
INVESTMENT MANAGER’S PRESENTATION AND OUTLOOK CONSTELLATION CAPITAL MANAGEMENT LIMITED
Slide 6: Formal Business
FORMAL BUSINESS 1. Annual Reports 2. Resolutions
Slide 7: Ordinary Resolution 1
Ordinary Ordinary Resolution Resolution 11 Re-Election of Peter Simpson as director Re-Election of Peter Simpson as director Proxy Summary: Proxy Summary: For Against Abstain Open Total All proxies 11,510,651 110,484 38,500 1,719,815 13,379,450 For 86.0% Against 0.8% Abstain 0.3% Open 12.9% Total 10
Slide 8: Resolution 2: Adoption of new Constitution
Ordinary Special Resolution Resolution2 1 Re-Election of Peter Simpson as director Adoption of new Constitution Proxy Summary: Proxy Summary: For Against Abstain Open Total All proxies 11,088,256 526,748 21,749 1,742,697 11,088,256 For 82.9% Against 3.9% Abstain 0.2% Open 13.0% Total 82.9% Chairman’
Slide 9: Resolution 3: Appoint BDO as new auditor
Ordinary Ordinary Resolution Resolution 13 Re-Election of Peter Simpson as director Appoint of BDO as new auditor Proxy Summary: Proxy Summary: For Against Abstain Open Total All proxies 11,130,254 4,881 501,618 1,742,697 13,379,450 For Against 0.0% 83.2%Abstain 3.7% Open 13.0% Total 100.0% Chairman
Slide 10: Resolution 4: Reduction of share capital
Ordinary Special Resolution Resolution4 1 Re-Election of Peter Simpson as director Reduction of share capital and accumulated losses by $5,307,237 Proxy ProxySummary: Summary: For Against Abstain Open Total For All proxiesAgainst 101,069 11,502,805Abstain 32,879 1,742,697 Open Total 13,379,450 86.0%
Slide 11: Resolution 5: Non-executive director remuneration limit
Ordinary Ordinary Resolution Resolution 15 Re-Election of Peter Simpson as director Setting of a $110,000 per annum limit for the remuneration of non-executive directors Proxy ProxySummary: Summary: For Against Abstain Open Total All proxies For Against 350,015 11,256,318Abstain 53,302 1,719,815 Ope
Slide 12: Resolution 6: Directors' deeds
Ordinary Ordinary Resolution Resolution 16 Re-Election of Peter Simpson as director Approval for the Company to enter in directors’ deeds Proxy Summary: Proxy Summary: For Against Abstain Open Total All proxies 10,566,222 1,013,437 57,094 1,742,697 13,379,450 For Against Abstain Open Total 79.0% 7.6
Slide 13: Non-binding Resolution: Remuneration Report
Ordinary Resolution Non-binding Resolution 1 7 Re-Election of Peter Simpson as director Adoption of Remuneration Report Proxy Summary: Proxy Summary: For Against Abstain Open Total All proxies 11,265,373 369,235 13,897 1,730,945 13,379,450 For Against 84.3%Abstain 2.8% Open 0.1% Total 12.9% 100.0% C
Slide 14: Questions?
QUESTIONS? Visit our website - www.bel.com.au - for information on the HomeGlobal™ Investment Strategy and other corporate information for shareholders and investors Register your email address to receive the Company’s announcements and releases - email your details to info@bel.com.au
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