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 11 August 2021, the following resolutions were passed:

		Votes For (or 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 2021	100.00%	0.00%
2	To approve the Directors’ remuneration report	97.92%	2.08%
3	To elect Rhodri Whitlock as a Director of the Company	99.28%	0.72%
4	To re-elect Maxwell Packe as a Director of the Company	98.09%	1.91%
5	To re-elect Christopher Burrows as a Director of the Company	99.59%	0.41%
6	To re-elect Patrick Reeve as a Director of the Company	99.07%	0.93%
7	To re-appoint BDO LLP as Auditor of the Company	97.04%	2.96%
8	To authorise the Directors to agree the Auditor’s remuneration	99.50%	0.50%
9	Increase in Directors aggregate remuneration cap to provide capacity for succession planning	89.79%	10.21%
10	Authority to allot shares	98.74%	1.26%
11	Authority for the disapplication of pre-emption rights	92.64%	7.36%
12	Authority to purchase own shares	99.27%	0.73%

Resolution numbers 1 to 10 were passed as Ordinary resolutions, and resolution numbers 11 and 12 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.

11 August 2021

For further information please contact:
Vikash Hansrani
Operations Partner
Albion Capital Group LLP
Tel: [phone]