Result of EGM

RNS Number : 6347M

Maven Income and Growth VCT 5 PLC

19 September 2012

 



MAVEN INCOME AND GROWTH VCT 5 PLC

Result of General Meeting

19 September 2012

This announcement is made by Maven Income and Growth VCT 5 PLC ("the Company") in connection with the enhanced buyback scheme in respect of the ordinary shares of 10p each in the capital of the Company, such scheme being for up to 14.99% of the issued share capital of the Company ("Enhanced Buyback Scheme"), details of which were contained in the Company's circular to shareholders dated 17 August 2012 ("the Circular").

The Board is pleased to announce that at the general meeting of the Company held on 19 September 2012, the special resolution to approve the Enhanced Buyback Scheme, as set out in the Circular, was duly passed on a show of hands. The proxy results for the general meeting were as follows:

5,001,586 (96.19%) votes received being in favour (or at the chairman's discretion) and 198,157 (3.81%) against.

A copy of the resolution passed at the above meeting will shortly be available for inspection on both the Company's website (www.mavencp.com/migvct5) as well as at the National Storage Mechanism (www.hemscott.com/nsm.do).

For further enquiries please contact:

Maven Capital Partners UK LLP, Secretary

0141 306 7400

 

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