Result of AGM

RNS Number : 3887E

Baronsmead Second Venture Trust PLC

27 February 2020

 

Baronsmead Second Venture Trust plc

(the "Company")

Result of Annual General Meeting

The Company announces that all of the resolutions put to the shareholders at the Company's Annual General Meeting held earlier today, Thursday 27 February 2020 were duly passed on a show of hands.

Resolutions 1 to 12 were passed as Ordinary Resolutions and Resolutions 13 to 15 were passed as Special Resolutions. The resolutions are set out below:

Resolution 1:          To receive the Strategic Report, Report of the Directors and Auditors and the Financial Statements for the year ended 30 September 2019.

Resolution 2:  To declare a final dividend price of 3.5 pence per share.

Resolution 3:  To approve the Directors' Remuneration Policy.

Resolution 4:           To receive and approve the Directors' Remuneration Report for the year ended 30 September 2019.

Resolution 5:  Resolution 5 was withdrawn.

Resolution 6:  To re-elect Anthony Townsend as a Director of the Company.

Resolution 7:  To re-elect Malcolm Groat as a Director of the Company.

Resolution 8:  To re-elect Ian Orrock as a Director of the Company.

Resolution 9:  To elect Sarah Fromson as a Director of the Company.

Resolution 10:  To re-appoint KPMG LLP as the Independent Auditor.

Resolution 11: To authorise the Directors to determine the remuneration of the Independent Auditor.

Resolution 12:         To authorise the Directors to allot shares in accordance with section 551 of the Companies Act 2006.

Resolution 13:        To authorise the Directors to disapply pre-emption rights under sections 570 and 573 of the Companies Act 2006.

Resolution 14:         To authorise the Company be authorised to make market purchases of its own ordinary shares.

Resolution 15: To authorise the Directors to hold general meetings on 14 clear days' notice.

A notice of the resolutions passed will shortly be available via the National Storage Mechanism, which is located at www.morningstar.co.uk/uk/NSM

For further information please contact:

Baronsmead VCT Investor Relations

020 3875 9862

[e-mail]  

 

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RAGSEUFDWESSEIE