Result of General Meeting

VPC Specialty Lending Invest. PLC

05 April 2024

 

THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO, THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, NEW ZEALAND AND THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE TO DO SO MAY RESULT IN THE CONTRAVENTION OF ANY REGISTRATION OR OTHER LEGAL REQUIREMENT OF SUCH JURISDICTION

5 April 2024

VPC Specialty Lending Investments plc

Results of General Meeting and Initial Return of Capital using the B Share Scheme

Result of General Meeting

The Board of VPC Specialty Lending Investments plc (the "Company") is pleased to announce that, at the general meeting of the Company held earlier today, all of the proposed resolutions were approved by shareholders.

As a result, the Company will establish a B Share Scheme (as defined in the circular to shareholders dated 15 March 2024 (the "Circular")) to facilitate the return of capital to Shareholders. Defined terms have the meaning given to them in the Circular.

Details of the number of proxy votes cast for, against and withheld in respect of the Resolutions (each of which was held on a poll) are set out below and will also be published on the Company's website.

Resolution	Votes For (including discretionary)	%	Votes Against	%	Votes Total	Votes Withheld
1.   That the draft articles of association produced to the meeting and signed by the Chairman (the "New Articles of Association") be approved and adopted as the articles of association of the Company.	186,513,219	99.81%	361,054	0.19%	​ 186,908,600	34,327
2.   That the Directors be authorised to apply from time to time a sum or sums not exceeding the Company's share premium account for the purpose of making an issue of unlisted redeemable fixed rate preference shares of 1 penny each in the capital of the Company ("B Shares") and to apply such sum or sums from time to time in paying up in full up to 11,000,000,000 B Shares.	186,513,119	99.81%	361,154	0.19%	186,908,600	34,327
3.   To exercise all powers of the Company to allot and issue from time to time, credited as fully paid up, B Shares up to an aggregate nominal amount of £110,000,000.00 to the holders of ordinary shares of 1 penny each in the capital of the Company on a pro rata basis as determined by the Directors from time to time.	186,602,476	99.86%	265,797	0.14%	186,908,600	40,327

The Company expects to make an announcement in connection with an initial return of capital using the B Share Scheme next week.

Enquiries:

For further information please contact:

VPC Specialty Lending Investments PLC Graeme Proudfoot	via Jefferies or Winterflood (below)
Victory Park Capital Gordon Watson Sora Monachino	via Jefferies or Winterflood (below) [e-mail]
Jefferies International Limited Stuart Klein Gaudi le Roux	Tel: [phone]
Winterflood Securities Limited Joe Winkley Neil Morgan	Tel: [phone]
Montfort Communications Matthew Jervois	Tel: [phone] [e-mail]

LEI: 549300UPEXC5DQB81P34

 

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