Result of AGM

RNS Number : 2452E

Baronsmead Venture Trust PLC

26 February 2020

 

Baronsmead Venture Trust plc

(the "Company")

Results 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, Wednesday 26 February 2020 were duly passed.

Resolutions 1 to 11 were passed as Ordinary Resolutions and Resolutions 12 to 14 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 of 3.5 pence per share.

Resolution 3: To approve the Directors' Remuneration Policy.

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

Resolution 5:   To re-elect Peter Lawrence as a Director.

Resolution 6:   To re-elect Les Gabb as a Director.

Resolution 7:   To re-elect Valerie Marshall as a Director.

Resolution 8:   To re-elect Susannah Nicklin as a Director.

Resolution 9:   To reappoint KPMG LLP as the Independent Auditors.

Resolution 10:   To authorise the Directors to determine the remuneration of the Independent Auditors.

Resolution 11:   To authorise the Directors to allot shares in the Company pursuant to section 551 of the Companies Act 2006.

Resolution 12:   To authorise the Directors to disapply pre-emption rights pursuant to section 570 and 573 of the Companies Act 2006.

Resolution 13:   To renew the authority to make market purchases of the Company's shares pursuant to section 693 (4) of the Companies Act 2006.

Resolution 14:   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: http://www.morningstar.co.uk/uk/NSM

For further information please contact:

Baronsmead VCT Investor Relations

020 3875 9862

[e-mail]  

 

END

 

 

RAGUNSVRRRUUUAR