AGM Statement

ALBION ENTERPRISE VCT PLC

LEI Code 213800OVSRDHRJBMO720

At an Annual General Meeting of Albion Enterprise VCT PLC, duly convened and held at 1 Benjamin Street, London EC1M 5QL on 3 September 2020, the following resolutions were passed:

		Votes For (and at the Chairman’s discretion)	Against
No	Description	% Votes Cast
1	To receive and adopt the Company’s accounts for the year ended 31 March 2020	99.32%	0.68%
2	To approve the Directors’ remuneration policy	95.93%	4.07%
3	To approve the Directors’ remuneration report	95.63%	4.37%
4	To re-elect Maxwell Packe as a Director of the Company	96.03%	3.97%
5	To re-elect The Dowager Lady Balfour of Burleigh as a Director of the Company	94.63%	5.37%
6	To re-elect Lord St John of Bletso as a Director of the Company	94.82%	5.18%
7	To re-elect Christopher Burrows as a Director of the Company	96.79%	3.21%
8	To re-elect Patrick Reeve as a Director of the Company	96.53%	3.47%
9	To re-appoint BDO LLP as Auditor of the Company	97.82%	2.18%
10	To authorise the Directors to agree the Auditor’s remuneration	98.45%	1.55%
11	Authority to allot shares	98.45%	1.55%
12	Authority for the disapplication of pre-emption rights	95.12%	4.88%
13	Authority to purchase own shares	98.83%	1.17%
14	Amendments to the Articles of Association	97.11%	2.89%

Resolution numbers 1 to 11 were passed as Ordinary resolutions, and resolution numbers 12 to 14 were passed as Special resolutions.

Answers to the questions received from shareholders and a recording of the AGM, including a presentation by the Manager, will be available on the Albion Capital website at www.albion.capital/funds/AAEV.

3 September 2020

For further information please contact:
Albion Capital Group LLP
Tel: [phone]

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