Result of AGM

VH Global Sustainable Energy Oppt.

23 May 2024

 

23 May 2024

VH GLOBAL SUSTAINABLE ENERGY OPPORTUNITIES plc

("VH GSEO" or the "Company")

RESULT OF ANNUAL GENERAL MEETING

Following the Annual General Meeting ("AGM") of the Company held on 22 May 2024, the Board is pleased to announce that all the ordinary resolutions and special resolutions, as set out in the Notice of AGM to shareholders dated 4 April 2024, were approved by shareholders. The resolutions put to the AGM were voted on by way of a poll.

The text of all the resolutions is contained in the Notice of AGM.

The results of the poll were as follows:

Resolution	In favour		Against		Withheld
	Votes	%	Votes	%
1. To receive the 2023 Annual Report and Financial Statements	278,580,701	99.98%	50,500	0.02%	14,076
2. To approve the Directors' Remuneration Report	276,431,586	99.21%	2,212,215	0.79%	1,476
3. To approve the dividend policy	278,502,509	99.95%	141,292	0.05%	1,476
4. To re-elect Bernard Bulkin	278,553,502	99.97%	78,149	0.03%	13,626
5. To re-elect Daniella Carneiro	278,545,820	99.97%	85,831	0.03%	13,626
6. To re-elect Richard Horlick	278,534,722	99.97%	96,682	0.03%	13,873
7. To re-elect Louise Kingham	278,554,820	99.97%	76,831	0.03%	13,626
8. To re-elect Margaret Stephens	278,546,067	99.97%	85,584	0.03%	13,626
9. To re-appoint BDO LLP as Auditor	278,566,845	99.98%	64,356	0.02%	14,076
10. To authorise the Audit Committee to determine Auditor's remuneration	278,567,742	99.98%	65,459	0.02%	12,076
11. Authority to allot shares	278,406,510	99.92%	230,524	0.08%	8,243
12. Additional authority to allot shares	278,406,510	99.92%	230,524	0.08%	8,243
13. Authority to disapply pre-emption rights	278,292,833	99.87%	350,968	0.13%	1,476
14. Additional authority to disapply pre-emption rights	278,290,683	99.87%	353,118	0.13%	1,476
15. Authority to purchase own ordinary shares	278,568,810	99.97%	74,991	0.03%	1,476
16. Period of notice for general meetings	278,214,432	99.85%	426,321	0.15%	4,524

At the time of the AGM, the Company's issued share capital consisted of 422,498,890 ordinary shares of £0.01 nominal value each, carrying one vote each. The Company holds 407,228,422 shares in treasury. Therefore, the total number of voting rights in the Company was 15,270,468.

In accordance with Listing Rule 9.6.2, copies of the resolutions passed at the AGM, other than resolutions concerning 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.

The Company's LEI is 213800RFHAOF372UU580. 

For further information, please contact:

Edelman Smithfield (PR Adviser)

Ged Brumby                             [phone]

Hamza Ali                                 [phone] 

Victory Hill Capital Partners LLP (Investment Manager)

Navin Chauhan                          [e-mail]

Deutsche Numis (Corporate Broker)

David Benda                             [phone]

Matt Goss

Apex Fund and Corporate Services (UK) Limited (Company Secretary)

[e-mail]

For more information, please visit the Company's website: www.vh-gseo.com

About Victory Hill Capital Partners LLP

Victory Hill Capital Partners LLP ("Victory Hill") is authorised and regulated by the Financial Conduct Authority (FRN 961570).

Victory Hill is based in London and was founded in May 2020 by an experienced team of energy financiers that have spun-out of a large established global project finance banking group. The team has participated in more than $200bn in transaction values across 91 conventional and renewable energy-related transactions in over 30 jurisdictions worldwide. Victory Hill is the investment manager of the Company.

The Victory Hill team deploys its experience across different financial disciplines in order to assess investments holistically from multiple points of view. The firm pursues operational stability and well-designed corporate governance to generate sustainable positive returns for investors. It focuses on supporting and accelerating the energy transition and the attainment of the UN Sustainable Development Goals.

Victory Hill is a signatory of the United Nations Principles for Responsible Investing (UN PRI), the United Nations Global Compact (UN GC), Net Zero Asset Managers Initiative (NZAMI), a member of the Global Impact Investing Network (GIIN) and is a formal supporter of the Financial Stability Board's Task-Force on Climate-related Disclosures (TCFD).

 

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