Maven Income & Growth VCT PLC Result of AGM (5822D)

TIDMMIG1

RNS Number : 5822D

Maven Income & Growth VCT PLC

07 July 2016

Maven Income and Growth VCT PLC

Result of Annual General Meeting

At the Annual General Meeting of the Company held in 5th Floor, 1-2 Royal Exchange Buildings, London EC3V 3LF on Thursday 7 July 2016 at 12.00 noon, all of the Resolutions put to the Meeting were passed.

At the record date for the Annual General Meeting, being 5 July 2016, the total number of voting rights in the Company stood at 54,197,884 and the total shares in issue were 54,197,884. In accordance with the provisions of E.2.2 of the UK Corporate Governance Code, the Company advises that for the Annual General Meeting, valid proxy appointments were made in respect of 4,544,455 shares and that the number of proxy votes lodged for each Resolution were as follows:

 
      Resolutions                         For   Discretion   Against   Withheld       Total 
---  ----------------------------  ----------  -----------  --------  ---------  ---------- 
      To receive the Directors' 
       Report and Financial 
 1     Statements                   4,334,752      209,703         0          0   4,544,455 
---  ----------------------------  ----------  -----------  --------  ---------  ---------- 
      To approve the Directors' 
 2     Remuneration Report          3,957,249      220,611   229,571    137,024   4,544,455 
---  ----------------------------  ----------  -----------  --------  ---------  ---------- 
 3    To approve a final dividend   4,334,752      209,703         0          0   4,544,455 
---  ----------------------------  ----------  -----------  --------  ---------  ---------- 
      To re-elect Mr John 
 4     Pocock as a Director         4,186,293      236,703   106,843     14,616   4,544,455 
---  ----------------------------  ----------  -----------  --------  ---------  ---------- 
      To re-elect Mr Arthur 
 5     MacMillan as a Director      4,171,297      236,703   117,854     18,601   4,544,455 
---  ----------------------------  ----------  -----------  --------  ---------  ---------- 
      To re-elect Mrs Fiona 
 6     Wollocombe as a Director     4,254,462      236,703    38,674     14,616   4,544,455 
---  ----------------------------  ----------  -----------  --------  ---------  ---------- 
      To re-appoint Deloitte 
 7     LLP as Auditors              4,170,249      229,703   130,249     14,254   4,544,455 
---  ----------------------------  ----------  -----------  --------  ---------  ---------- 
      To authorise the Directors 
       to fix the remuneration 
 8     of the Auditors              4,290,882      211,794    31,006     10,773   4,544,455 
---  ----------------------------  ----------  -----------  --------  ---------  ---------- 
      To renew the Company's 
 9     authority to allot shares    4,088,226      211,794   235,298      9,137   4,544,455 
---  ----------------------------  ----------  -----------  --------  ---------  ---------- 
      To authorise the Directors 
       to disapply pre-emption 
 10    rights                       3,740,873      246,339   517,165     40,078   4,544,455 
---  ----------------------------  ----------  -----------  --------  ---------  ---------- 
      To renew the Company's 
       authority to purchase 
 11    its own shares               4,234,406      238,794    63,141      8,114   4,544,455 
---  ----------------------------  ----------  -----------  --------  ---------  ---------- 
      To amend the notice 
       period for a General 
 12    Meeting.                     3,948,062      231,794   364,599          0   4,544,455 
---  ----------------------------  ----------  -----------  --------  ---------  ---------- 
 

A vote withheld is not a vote in law and any such votes have not been included in the votes for or against the respective Resolutions.

Passing of Resolutions under Special Business

The Resolutions passed under Special Business have been submitted to the National Storage Mechanism and will shortly be available for inspection at: www.morningstar.co.uk/uk/NSM.

The voting figures will be available to view at: http://www.mavencp.com/investment-opportunities/venture-capital-trusts/maven-income-and-growth-vct-1.

Issued on behalf of the Board

Maven Capital Partners UK LLP, Secretary

7 July 2016

This information is provided by RNS

The company news service from the London Stock Exchange

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July 07, 2016 08:59 ET (12:59 GMT)