Results of Annual General Meeting

Calculus VCT PLC
22 August 2024
 

22 August 2024

 

CALCULUS VCT PLC

 

RESULTS OF ANNUAL GENERAL MEETING

 

The Company is pleased to announce that at the Annual General Meeting held today all resolutions were passed on a show of hands, including the following resolutions 12 to 16:

 

Resolution 12 (ordinary resolution):  To amend the rate of performance incentive fee charged by the Manager to 10% and introduce the co-investment syndicate structure to the Manager as set out in the Circular dated 11 July 2024

 

Resolution 13 (special resolution): To authorise the Directors to allot shares for cash pursuant to Sections 570 of the Companies Act 2006

 

Resolution 14 (special resolution): To authorise the Directors to make market purchases of the Company's own shares.

 

Resolution 15 (special resolution): To hold general meetings (other than annual general meetings) on 14 clear days' notice.

 

Resolution 16 (special resolution): To authorize the Directors to apply for the share premium and capital redemption reserve accounts to be cancelled.

 

 

The proxy votes received on each resolution were as follows:

 

For

At the Chairman's Discretion

Against

Withheld

Resolution 1

      777,237

                    1,892

            23,034

                       -  

Resolution 2

      774,819

                    1,892

            25,452

                       -  

Resolution 3

      774,819

                    1,892

            25,452

                       -  

Resolution 4

      778,493

                       636

            23,034

                       -  

Resolution 5

      727,569

                    1,892

            72,702

                       -  

Resolution 6

      776,819

                    1,892

            23,452

                       -  

Resolution 7

      770,897

                    7,814

            23,452

                       -  

Resolution 8

      777,237

                    1,892

            23,034

                       -  

Resolution 9

      777,237

                    1,892

            23,034

                       -  

Resolution 10

      777,237

                    1,892

            23,034

                       -  

Resolution 11

      776,819

                    1,892

            23,452

                       -  

Resolution 12

      785,073

                    1,892

              2,000

                13,198

Resolution 13

      725,987

                    1,892

            74,284

                       -  

Resolution 14

      801,109

                       636

                 418

                       -  

Resolution 15

      786,389

                       636

            15,138

                       -  

Resolution 16

      799,853

                    1,892

                 418

                       -  

 

 

 

A copy of the full text of Resolutions 13 to 16 will be submitted to the National Storage Mechanism and will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism

 

The Circular dated 11 July 2024 was previously submitted to the National Storage Mechanism and is also available on the Company's website https://calculuscapital.com/vct-annual-general-meeting-2024/

 

 

Calculus Capital Limited

Company Secretary

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