Result of AGM

RNS Number : 6876V

Maven Income and Growth VCT 5 PLC

19 April 2016

 

Maven Income and Growth VCT 5 PLC (the Company) - Result of Annual General Meeting

At the Annual General Meeting of the Company held at Kintyre House, 205 West George Street, Glasgow G2 2LW on Tuesday, 19 April 2016 at 10am, all of the Resolutions put to the Meeting were duly passed.

At the record date for the Annual General Meeting, being 15 April 2016, the total number of voting rights in the Company stood at 77,286,087 and the total number of shares in issue were 77,286,087. In accordance with the provisions of D.2.2 of the UK Corporate Governance Code, the Company advises that for the Annual General Meeting, valid proxy appointments were made in respect of 5,303,289 shares and that the number of proxy votes lodged for each Resolution were as follows:

	Resolutions	For	Discretion	Against	Withheld	Total
1	To receive the Annual Report and audited Financial Statements	5,194,371	90,684	3,159	15,075	5,303,289
2	To approve the Directors' Remuneration Report	4,724,794	85,593	276,522	216,380	5,303,289
3	To approve a final dividend	5,212,752	83,375	7,162	0	5,303,289
4	To re-elect Mr G Humphries as a Director	4,990,224	90,488	98,802	123,775	5,303,289
5	To re-elect Mr A Langlands as a Director	5,021,416	90,488	74,501	116,884	5,303,289
6	To re-elect Mr C Young as a Director	5,023,550	90,488	65,476	123,775	5,303,289
7	To re-appoint KPMG LLP as Auditor	4,896,505	108,057	144,123	154,604	5,303,289
8	To authorise the Directors to fix the remuneration of the Auditor	5,024,959	143,992	114,264	20,074	5,303,289
9	To authorise the Directors to allot new shares	4,903,416	108,057	173,609	118,207	5,303,289
10	To authorise disapplication of pre-emption rights	4,700,524	147,328	324,285	131,152	5,303,289
11	To authorise the Company to purchase its own shares	4,780,456	108,057	384,974	29,802	5,303,289
12	To allow a General Meeting to be called on not less than 14 days' notice	4,716,384	137,466	413,108	36,331	5,303,289

A vote withheld is not a vote in law and any such votes have not been included in the votes for or against the respective Resolutions. The voting figures will be available to view at: www.mavencp.com/migvct5.

Passing of Resolutions under Special Business

The Resolutions passed under Special Business have been submitted to the National Storage Mechanism and will shortly be available for inspection at: www.morningstar.co.uk/uk/NSM

Issued on behalf of the Board

Maven Capital Partners UK LLP, Secretary

19 April 2016

 

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