Result of AGM

RNS Number : 8642W

Baronsmead Venture Trust PLC

14 February 2017

 

Baronsmead Venture Trust plc

(the "Company")

Result of AGM

The Company announces that all of the resolutions put to the shareholders at the Company's Annual General Meeting held at Plaisterers' Hall, One London Wall, London, EC2Y 5JU, on Tuesday, 14 February 2017 were duly passed.

Resolutions 1 to 9 were passed as Ordinary Resolutions and Resolutions 10 to 13 were passed as Special Resolutions. The resolutions are set out below:

Resolution 1: To receive the Report of the Directors and Auditors and the Financial Statements for the year ended 30 September 2016.

Resolution 2: To approve the Directors' Remuneration Report for the year ended 30 September 2016.

Resolution 3: To approve the Directors' Remuneration Policy.

Resolution 4: To re-elect Peter Lawrence as a Director.

Resolution 5: To re-elect Les Gabb as a Director.

Resolution 6: To re-elect Valerie Marshall as a Director.

Resolution 7: To re-elect Christina McComb as a Director.

Resolution 8: To reappoint KPMG LLP as the Independent Auditors and to authorise the Directors to determine their remuneration.

Resolution 9: To authorise the Directors to allot shares in the Company pursuant to section 551 of the Companies Act 2006.

Resolution 10: To authorise the Directors to disapply pre-emption rights pursuant to section 570 and 573 of the Companies Act 2006.

Resolution 11: To extend the authority to make market purchases of the Company's shares pursuant to section 693 (4) of the Companies Act 2006.

Resolution 12: To authorise the Directors to hold general meetings on 14 clear days' notice.

Resolution 13: To cancel the amount standing to the credit of the share premium account of the Company, at the date an order is made confirming such cancellation by the court.

A notice of the resolutions passed will shortly be available via the National Storage Mechanism, which is located at: http://www.morningstar.co.uk/uk/NSM

For further information please contact Michael Probin, VCT Investor Relations

Livingbridge VC LLP Tel: [phone]

 

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