Result of General Meeting

Triple Point Energy Transition PLC

22 March 2024

 

22 March 2024

Triple Point Energy Transition plc

("TENT" or the "Company")

Result of General Meeting

Triple Point Energy Transition plc (ticker: TENT), is pleased to announce that at the Company's General Meeting held on 22 March 2024, all resolutions were voted on by way of a poll and were passed by shareholders.

All resolutions were proposed as ordinary resolutions and the results of the poll are set out below.

Resolution		Votes For	%	Votes Against	%	Total votes validly cast	Total votes cast as % of issued share capital	Votes Withheld*
1	To adopt the proposed new investment objectives and policy as described in Parts I and II of the Circular to Shareholders dated 5 March 2024	69,790,101	99.85%	106,630	0.15%	69,896,731	69.89%	0
2	To approve the Field sale on the terms summarised in Part I of the Circular	69,279,532	99.85%	103,794	0.15%	69,383,326	69.37%	0
3	To approve, subject to the passing of Resolution 1, the LED Facility Sale on the terms summarised in Part I of the Circular	69,239,532	99.85%	103,794	0.15%	69,343,326	69.33%	0
4	To approve, subject to the passing of Resolution 1, the IMA Amendment on the terms summarised in Part I of the Circular	69,145,270	99.72%	197,325	0.28%	69,342,595	69.33%	731

*A vote withheld is not a vote in law and is not counted in the calculation of the votes for or against a resolution.

Every shareholder has one vote for every Ordinary Share held. As at 22 March 2024, the issued share capital of the Company consisted of 100,014,079 Ordinary Shares. The Company holds no Ordinary Shares in treasury. Therefore, the total voting number of voting rights in the Company is 100,014,079 Ordinary Shares.

The full text of all the resolutions can be found in the Notice of General Meeting dated 5 March 2024, a copy of which is available on the Company's website at Triple Point | Triple Point Energy Transition plc (tpenergytransition.com).

In accordance with Listing Rule 9.6.2 copies of all the resolutions passed, other than ordinary business, will be submitted to the National Storage Mechanism and will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

For further information, please contact:

Triple Point Investment Management LLP Jonathan Hick Christophe Arnoult	[phone]
J.P. Morgan Cazenove (Corporate Broker and Sponsor) William Simmonds Jérémie Birnbaum	[phone]
Akur Limited (Financial Adviser) Tom Frost Siobhan Sergeant	[phone]
Buchanan (Financial PR) Helen Tarbet Henry Wilson Verity Parker	[phone]

LEI: 213800UDP142E67X9X28

Further information on the Company can be found on its website: www.tpenergytransition.com

NOTES:

The Company is an investment trust which was established to invest in assets that support the transition to a lower carbon, more efficient energy system and help the UK achieve Net Zero. 

The Investment Manager is Triple Point Investment Management LLP ("Triple Point") which is authorised and regulated by the Financial Conduct Authority. Triple Point manages private, institutional, and public capital, and has a proven track record of investment in energy transition and decentralised energy projects.

On 22 March 2024, shareholders approved the Company's proposed orderly realisation of assets. Details of future divestments or returns of capital are expected to be announced via a Regulatory Information Service in due course.

 

END