Proven VCT plc : Result of AGM and Separate Cla...

ProVen VCT plc
21 August 2012

Annual General Meeting and Separate Class Meetings

At the Annual General Meeting ("AGM") of ProVen VCT plc, held on Tuesday 21 August 2012, all resolutions were passed.

Details of the proxy votes in respect of the AGM resolutions which were received by 11:00 am on 17 August 2012, being 48 hours before the time of the meeting (excluding weekends and public holidays), at Beringea 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	6,573,003	372,042	5,512	10,000	6,950,557
	94.57%	5.35%	0.08%		100.00%
2	6,077,663	372,042	280,687	230,165	6,730,392
	90.30%	5.53%	4.17%		100.00%
3	6,420,859	410,675	100,811	28,212	6,932,345
	92.62%	5.92%	1.46%		100.00%
4	6,425,916	390,903	99,583	44,155	6,916,402
	92.91%	5.65%	1.44%		100.00%
5	6,478,716	390,903	61,783	29,155	6,931,402
	93.47%	5.64%	0.89%		100.00%
6	6,420,749	390,903	119,750	29,155	6,931,402
	92.63%	5.64%	1.73%		100.00%
7	6,411,173	422,042	104,208	23,134	6,937,423
	92.41%	6.08%	1.51%		100.00%
8	6,047,270	355,615	484,865	72,807	6,887,750
	87.80%	5.16%	7.04%		100.00%
9	6,445,603	298,055	200,671	16,228	6,944,329
	92.82%	4.29%	2.89%		100.00%
10	6,314,614	425,411	72,468	148,064	6,812,493
	92.69%	6.24%	1.07%		100.00%
11	6,151,530	369,455	370,692	68,880	6,891,677
	89.26%	5.36%	5.38%		100.00%
12	6,165,445	419,455	270,883	104,774	6,855,783
	89.93%	6.12%	3.95%		100.00%
13	6,106,429	425,455	343,899	84,774	6,875,783
	88.81%	6.19%	5.00%		100.00%

The Ordinary Share class meeting of ProVen VCT plc held at 11:05 am on Tuesday 21 August 2012 was adjourned as the meeting was not quorate. The adjourned meeting was held at 11:35 am on 21 August 2012.

Details of the proxy votes in respect of the Ordinary Share class meeting resolutions which were received by 11:35 am on 17 August 2012, being 48 hours before the time of the meeting (excluding weekends and public holidays), at Beringea 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	3,854,069	318,867	76,563	5,000	4,249,499
	90.69%	7.50%	1.81%		100.00%
2	3,581,326	252,440	389,116	31,617	4,222,882
	84.81%	5.98%	9.21%		100.00%
3	3,873,543	252,467	128,489	-	4,254,499
	91.05%	5.93%	3.02%		100.00%
4	3,786,766	318,867	52,919	95,947	4,158,552
	91.06%	7.67%	1.27%		100.00%
5	3,609,943	318,867	287,358	38,331	4,216,168
	85.62%	7.56%	6.82%		100.00%
6	3,629,234	318,867	238,217	68,181	4,186,318
	86.69%	7.62%	5.69%		100.00%
7	3,604,943	318,867	262,508	68,181	4,186,318
	86.11%	7.62%	6.27%		100.00%

The 'C' Share class meeting of ProVen VCT plc held at 11:10 am on Tuesday 21 August 2012 was adjourned as the meeting was not quorate. The adjourned meeting was held at 11:40 am on 21 August 2012.

Details of the proxy votes in respect of the 'C' Share class meeting resolutions which were received by 11:40 am on 17 August 2012, being 48 hours before the time of the meeting (excluding weekends and public holidays), at Beringea 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	1,476,741	73,863	10,505	-	1,561,109
	94.60%	4.73%	0.67%		100.00%
2	1,438,622	73,863	37,129	11,495	1,549,614
	92.83%	4.77%	2.40%		100.00%
3	1,482,021	73,863	5,225	-	1,561,109
	94.93%	4.73%	0.34%		100.00%
4	1,471,771	73,863	5,025	10,450	1,550,659
	94.91%	4.76%	0.33%		100.00%
5	1,443,834	73,863	17,548	25,864	1,535,245
	94.05%	4.81%	1.14%		100.00%
6	1,459,359	73,863	10,380	17,507	1,543,602
	94.54%	4.79%	0.67%		100.00%
7	1,454,134	73,863	15,605	17,507	1,543,602
	94.20%	4.79%	1.01%		100.00%

The 'D' Share class meeting of ProVen VCT plc held at 11:15 am on Tuesday 21 August 2012 was adjourned as the meeting was not quorate. The adjourned meeting was held at 11:45 am on 21 August 2012.

Details of the proxy votes in respect of the 'D' Share class meeting resolutions which were received by 11:45 am on 17 August 2012, being 48 hours before the time of the meeting (excluding weekends and public holidays), at Beringea 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	771,917	42,633	17,140	-	831,690
	92.81%	5.13%	2.06%		100.00%
2	729,607	42,633	52,710	6,740	824,950
	88.44%	5.17%	6.39%		100.00%
3	783,958	40,046	7,686	-	831,690
	94.26%	4.82%	0.92%		100.00%
4	764,422	40,046	14,524	12,698	818,992
	93.34%	4.89%	1.77%		100.00%
5	751,248	40,046	22,286	18,110	813,580
	92.34%	4.92%	2.74%		100.00%
6	761,660	40,046	22,286	7,698	823,992
	92.44%	4.86%	2.70%		100.00%
7	761,660	40,046	22,286	7,698	823,992
	92.44%	4.86%	2.70%		100.00%

A copy of all 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: Proven VCT plc via Thomson Reuters ONE

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