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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