Result of Meeting

RNS Number : 6946C

Mobeus Income & Growth 4 VCT PLC

12 October 2022

 

Mobeus Income & Growth 4 VCT plc

LEI: 213800IFNJ65R8AQW943

General Meeting Results

Mobeus Income & Growth 4 VCT plc is pleased to announce that both of the special resolutions proposed at the General Meeting held today, 12 October 2022, were approved by Shareholders.

Proxy votes were received in respect of 4,556,793 Ordinary Shares, representing 5.01 % of the issued share capital as at 11 October 2022.

The following table shows the proxy votes cast for each resolution:

Resolution	For	%	Against	%	Withheld
1	3,457,664	76.16	1,082,254	23.84%	16,875
2	4,036,009	89.05	496,418	10.95%	24,366

1.  A withheld vote is not a vote in law and, accordingly, is not counted in the calculation of the proportion of votes "For" and "Against" the resolution concerned.

2. Any proxy appointments which gave discretion to the Chairman have been included in the vote "For" total.

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

In accordance with Provision 5.2(4) of the AIC Code of Corporate Governance, the Board reports that Resolution 1 received 23.86% of the votes cast Against the resolutions.  The Board notes the lower levels of support received for Resolution 1, a composite resolution for the authority to allot shares and the disapplication of pre-emption rights.  The Board will engage with the 21 shareholders who voted Against to understand the reasoning behind their decision not to support this resolution and will continue to engage prior to the Annual Report being published.

The Board seeks to maintain the highest standards of governance and to ensure an open and transparent dialogue with shareholders. The Board will continue to engage with, and listen to, the Company's shareholders. In accordance with the AIC Corporate Governance Code, the Company will publish an update within six months.

For further information please contact:

Gresham House Asset Management Limited

Company Secretary

[phone]

 

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