Hazel Renewable Energy VCT 2 plc : Result of AGM

Hazel Renewable Energy VCT2 plc

11 March 2013

The Annual General Meeting of Hazel Renewable Energy VCT2 plc was held earlier today. In view of the significant level of proxy votes against Resolution 11, and the fact that the Company has no actual plans to issue new shares over the next year, the Board withdrew Resolutions 10 and 11, which were both in connection with authority for the Company to issue new shares.

All other resolutions were passed unanimously.

Details of the proxy votes in respect of the resolutions passed at the Annual General Meeting received as at 12.05pm on 7 March 2013, 48 hours before the time of the meeting (excluding weekends), at Downing LLP are set out below:

	For	Discretionary	Against	Withheld
Resolution No.	No. of Votes	No. of Votes	No. of Votes	No. of Votes	Total Votes
	% of votes	% of votes	% of votes		% of votes
1	3,134,906,775	30,030,000	-	-	3,164,936,775
	99.05%	0.95%	0.00%		100.00%
2	3,129,726,600	30,030,000	5,180,175	-	3,164,936,775
	98.89%	0.95%	0.16%		100.00%
3	3,134,906,775	30,030,000	-	-	3,164,936,775
	99.05%	0.95%	0.00%		100.00%
4	3,129,726,600	30,030,000	5,180,175	-	3,164,936,775
	98.89%	0.95%	0.16%		100.00%
5	3,134,906,775	30,030,000	-	-	3,164,936,775
	99.05%	0.95%	0.00%		100.00%
6	3,129,726,600	30,030,000	5,180,175	-	3,164,936,775
	98.89%	0.95%	0.16%		100.00%
7	3,114,186,075	30,030,000	-	20,720,700	3,144,216,075
	99.04%	0.96%	0.00%		100.00%
8	3,114,186,075	30,030,000	-	20,720,700	3,144,216,075
	99.04%	0.96%	0.00%		100.00%
9	2,522,294,775	30,030,000	612,612,000	-	3,164,936,775
	79.69%	0.95%	19.36%		100.00%

A copy of the resolutions passed will be submitted to the National Storage Mechanism and will shortly be available for inspection at www.hemscott.com/nsm.do. 

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Source: Hazel Renewable Energy VCT 2 plc via Thomson Reuters ONE

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