Result of AGM

RNS Number : 1720R
VPC Specialty Lending Invest. PLC
12 June 2018
 

VPC Specialty Lending Investments plc

(the "Company")

 

12 June 2018

 

Annual General Meeting ("AGM") Results

 

The Company announces that at its Annual General Meeting held earlier today all the resolutions set out in the Notice of Annual General Meeting were passed by the requisite majority.  Each of the resolutions put to the AGM was voted on by way of a poll. The results of the poll for each resolution were as follows:

 

Resolution

For

(No. of shares)

For

(%)

Against

(No. of shares)

Against

(%)

Votes Withheld

(No. of shares)

Total issued share capital instructed (%)

1.   To receive the Annual Report and Accounts

296,218,328

 

100.00

 

0

 

0.00

 

0

 

81.03%

 

 

2.   To approve the Directors' Remuneration  Report

296,206,341

 

100.00

 

11,987

 

0.00

 

0

 

81.03%

 

3.   To approve the Dividend Policy

296,217,331

 

100.00

 

997

 

0.00

 

0

 

81.03%

 

 

4.   To re-elect Kevin Ingram as a Director

296,135,917

 

100.00

 

8,490

 

0.00

 

73,921

           

81.01%

 

           

5.   To re-elect Clive Peggram as a Director.

296,209,838

 

100.00

 

8,490

 

0.00

 

0

 

81.03%

 

6.   To re-elect Richard Levy as a Director

257,451,204

 

93.73

 

17,217,123

 

6.27

 

21,550,000

 

75.13%

 

 

7.   To re-appoint PricewaterhouseCoopers LLP as auditors of the Company

289,636,295

 

100.00

 

10,990

 

0.00

 

6,571,042

 

79.23%

 

 

8.   To authorise the Audit and Valuation Committee to determine the auditors' remuneration

296,217,331

 

100.00

 

997

 

0.00

 

0

 

81.03%

 

 

9.   To authorise the Directors to allot ordinary shares

285,606,341

 

96.42

 

10,611,987

 

3.58

 

0

 

81.03%

 

 

10. To disapply pre-emption rights*

285,606,041

 

96.42

 

10,612,287

 

3.58

 

0

 

81.03%

 

 

11. To authorise the Company to make market purchases of its own ordinary shares*

296,217,331

 

100.00

 

997

 

0.00

 

0

 

81.03%

 

 

12. To authorise the Directors to hold general meetings on not less than 14 clear days' notice*

294,336,672

 

99.36

 

1,881,656

 

0.64

 

0

 

81.03%

 

 

 


*Special Resolution

 

 

NOTES:

 

 

1.

All resolutions were passed.

2.

Proxy appointments which gave discretion to the Chairman of the AGM have been included in the "For" total for the appropriate resolution.

3.

Votes "For" and "Against" any resolution are expressed as a percentage of votes validly cast for that resolution.

4.

A "Vote withheld" is not a vote in law and is not counted in the calculation of the percentage of shares voted "For" or "Against" any resolution nor in the calculation of the proportion of "Total issued share capital instructed" for any resolution.

5.

The number of shares in issue at close of business on 10 June 2018 was 382,615,665 (the "Share Capital") and at that time, the Company held 17,044,609 shares in treasury.

6.

The proportion of "Total issued share capital instructed" for any resolution is the total of votes validly cast for that resolution (i.e. the total votes "For" and "Against" that resolution) expressed as a percentage of the Share Capital.

7.

The full text of the resolutions passed at the AGM can be found in the Notice of Annual General Meeting which is available on the Company's website at www.vpcspecialtylending.com.

8.

A copy of resolutions 9-12 passed at the AGM will shortly be submitted to the National Storage Mechanism and will be available for inspection at www.morningstar.co.uk/uk/NSM.

9.

The complete poll results will be available shortly on the Company's website at www.vpcspecialtylending.com

 

 

Link Company Matters Limited

Secretary

LEI: 549300UPEXC5DQB81P34

 


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