267694 EdinburghIT AR 2024 WEB - Flipbook - Page 51
THE EDINBURGH INVESTMENT TRUST PLC / GOVERNANCE / 49
DIRECTORS’ SHAREHOLDINGS AND SHARE INTERESTS (AUDITED)
Save as here stated, no Director had any interests, beneficial or otherwise, in the ordinary shares of the Company during the
year. No changes to these holdings have been notified since the year end. No connected person interests have been notified.
Directors hold shares in the Company at their discretion. Share ownership is encouraged, but no guidelines have been set. The
beneficial interests of the Directors in the ordinary share capital of the Company are set out below:
31 March
2024
31 March
2023
Elisabeth Stheeman
14,163
8,950
Vicky Hastings
9,000
9,000
Steve Baldwin
–
–
60,000
60,000
5,440
3,900
732
–
2
Patrick Edwardson
1
Aidan Lisser
Annabel Tagoe-Bannerman
1
Patrick Edwardson’s holding includes 13,000 shares which are being held by a connected person.
2
Retired 19 July 2023
RELATIVE IMPORTANCE OF SPEND ON PAY
The following table compares the remuneration paid to the non-executive Directors with aggregate distributions to shareholders
in respect of the year to 31 March 2024 and the prior year:
2024
£’000
Aggregate Directors’ Remuneration
168*
Aggregate Shareholder Distributions
*
2023
£’000
41,797
Change
£’000
189
(21)
43,626
(1,829)
This is different from the remuneration table on page 47 by £20,000 (2023: (£26,000) due to over/(under) accruals brought forward.
VOTING AT LAST ANNUAL GENERAL MEETING
At the Annual General Meeting of the Company held on 19 July 2023 a resolution approving the Chair’s Annual Statement and
Report on Remuneration was passed. The votes cast (including votes cast at the Chair’s discretion) were as follows.
Number of
Votes
For
Annual Statement and Report on Remuneration
47,343,454
Number of
Votes
%
Against
99.59%
194,020
Number of
Votes
%
Withheld
0.41%
APPROVAL
This Directors’ Remuneration Report was approved by the Board of Directors on 24 May 2024.
ELISABETH STHEEMAN
CHAIR
24 MAY 2024
Signed on behalf of the Board of Directors
119,752
