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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Gresham House Renewable Energy Vct 1 Plc | LSE:GV1O | London | Ordinary Share | GB00B4M2G812 | ORD 0.1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 48.00 | 45.00 | 51.00 | 48.00 | 48.00 | 48.00 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Finance Services | -3.9M | -4.62M | -0.0722 | -6.65 | 30.73M |
From Apr 2019 to Apr 2024
TIDMGV1O
RNS Number : 4438J
Gresham House Renewable EnergyVCT1
22 December 2020
22 December 2020
Gresham House Renewable Energy VCT 1 PLC
Post 2020 Annual General Meeting Update
At the Annual General Meeting ("AGM") of Gresham House Renewable Energy VCT 1 plc (the "Company") held on 25 June 2020 at the offices of Dickson Minto W.S., 16 Charlotte Square, Edinburgh EH2 4DF, Resolutions 8 and 9, which permitted the directors to raise funds through the issue of new shares, were not passed.
The Board was disappointed that Resolutions 8 and 9 were not passed as the money raised would only have been used in exceptional circumstances to protect the VCT status.
The Company engaged with those Shareholders who had voted against the resolutions and on review of the feedback provided by those Shareholders, it appears that the Board's rationale for proposing Resolutions 8 and 9 was misunderstood.
The Board is committed to transparency on all matters, and intends to put Resolutions 8 and 9 forward at the 2021 AGM as it believes this to be in the best interests of all Shareholders. The Board will not raise funds unless this is required in order to protect shareholders' tax position.
- END -
Gresham House Renewable Energy VCT 1 PLC - LEI: 213800IVQHJXUQBAAC06
For further information, please contact:
Gresham House Asset Management t.hayes@greshamhouse.com Tania Hayes Tel: 020 3875 9860 JTC (UK) Limited - Company Secretary GreshamVCTs@jtcgroup.com Christopher Gibbons Tel: 44 203 846 9774
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END
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(END) Dow Jones Newswires
December 22, 2020 02:00 ET (07:00 GMT)
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