Result of AGM

RNS Number : 5822D

Maven Income & Growth VCT PLC

07 July 2016

 

Maven Income and Growth VCT PLC

Result of Annual General Meeting

At the Annual General Meeting of the Company held in 5th Floor, 1-2 Royal Exchange Buildings, London EC3V 3LF on Thursday 7 July 2016 at 12.00 noon, all of the Resolutions put to the Meeting were passed.

At the record date for the Annual General Meeting, being 5 July 2016, the total number of voting rights in the Company stood at 54,197,884 and the total shares in issue were 54,197,884. In accordance with the provisions of E.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 4,544,455 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 Directors' Report and Financial Statements	4,334,752	209,703	0	0	4,544,455
2	To approve the Directors' Remuneration Report	3,957,249	220,611	229,571	137,024	4,544,455
3	To approve a final dividend	4,334,752	209,703	0	0	4,544,455
4	To re-elect Mr John Pocock as a Director	4,186,293	236,703	106,843	14,616	4,544,455
5	To re-elect Mr Arthur MacMillan as a Director	4,171,297	236,703	117,854	18,601	4,544,455
6	To re-elect Mrs Fiona Wollocombe as a Director	4,254,462	236,703	38,674	14,616	4,544,455
7	To  re-appoint Deloitte LLP as Auditors	4,170,249	229,703	130,249	14,254	4,544,455
8	To authorise the Directors to fix the remuneration of the Auditors	4,290,882	211,794	31,006	10,773	4,544,455
9	To renew the Company's authority to allot shares	4,088,226	211,794	235,298	9,137	4,544,455
10	To authorise the Directors to disapply pre-emption rights	3,740,873	246,339	517,165	40,078	4,544,455
11	To renew the Company's authority to purchase its own shares	4,234,406	238,794	63,141	8,114	4,544,455
12	To amend the notice period for a General Meeting.	3,948,062	231,794	364,599	0	4,544,455

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.

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.

The voting figures will be available to view at: http://www.mavencp.com/investment-opportunities/venture-capital-trusts/maven-income-and-growth-vct-1.

Issued on behalf of the Board

Maven Capital Partners UK LLP, Secretary

7 July 2016

 

END

 

 

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