Unanimous Success at Patria Private Equity Trust's Annual General Meeting 2025 with all Resolutions Passed

Patria Private Equity Trust plc, known as PPET, made headlines as its latest Annual General Meeting (AGM) concluded with unanimous approval of all its proposed resolutions. The striking results were delivered on Tuesday, March 25, 2025, showcasing the high level of support and confidence from the trust’s investors.

The AGM’s resolutions encapsulated several key areas of the trust’s operations, including the approval of the Directors’ Remuneration Report and the Dividend Policy. Of significant importance was the election and re-election of several members of the board of directors. The successful motions highlight the strength of the trust’s corporate governance, which remains aligned with shareholder interests.

In the directorial sphere, the shareholders demonstrated robust support for Mr Budge, who was elected as a new member of the board with an overwhelming 99.94% approval. Similarly, multiple board members, including Mr Agble, Mr Devine, Ms Seymour-Williams, Ms Stillhart, and Mr Thomson, were welcomed back with strong votes of confidence by the shareholders. Their re-elections saw approval ratings ranging from 99.38% to 99.63%.

Further, the shareholders expressed their faith in the professional services of BDO LLP, voting 99.98% in favor of re-appointing the firm as auditor. The AGM was also successful in its remuneration of the auditor, the allotment of new equity, disapplication of pre-emption rights, and authorization for market purchases of ordinary shares.

The impressive overall voting statistics validate the trust placed in the stewardship of the current PPET’s Board of Directors, reaffirming their successful governance and strategic direction amidst the changing investment landscape. As the conduct of AGMs remains key to maintaining shareholder relations, this successful meeting represents a significant triumph for Patria Private Equity Trust.