Gresham House Renewable EnergyVCT2 Result of AGM and Update on Sale Process

RNS Number : 4776H

Gresham House Renewable EnergyVCT2

19 March 2024

 

19 March 2024

 

GRESHAM HOUSE RENEWABLE ENERGY VCT 2 PLC

(the "Company")

 

Result of 2024 AGM and Update on Sale Process

 

Gresham House Renewable Energy VCT 2 plc, announces that at the Company's Annual General Meeting held today, all resolutions were passed by way of a poll and the results of the poll, including the proxy votes received, are set out below.

Resolutions 1 to 6 (inclusive) were proposed as ordinary resolutions and resolution 7 was proposed as a  special resolution.

In accordance with Listing Rule 9.6.2 copies of all the resolutions passed, other than ordinary business, will be submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

	Resolution	Votes For*	%	Votes Against	%	Total votes validly cast	Total votes cast as % of issued share capital	Vote Withheld **
1	Receive annual accounts for year ended 30 September 2023.	5,223,348	100	0	0	5,827,348	0.02	0
2	Receive and approve the Directors' Remuneration Report.	4,691,696	89.82	342,696	6.56	5,827,348	0.02	0
3	Re-appoint BDO LLP as the Company's auditor.	5,212,998	99.80	10,350	0.20	5,827,348	0.02	0
4	Authorise the Directors to determine the auditor's remuneration.	5,223,348	100	0	0	5,827,348	0.02	0
5	To re-elect Andrew Donovan as a Director.	4,880,652	93.44	342,696	6.56	5,827,348	0.02	0
6	To re-elect Christian Yates as a Director.	4,891,002	93.64	332,346	6.36	5,827,348	0.02	0
7	To allow the Company to hold general meetings on 14 days' notice.	4,880,652	93.44	342,696	6.56	5,827,348	0.02	0

 

* Includes discretionary votes

** A vote withheld is not a vote in law and is not counted in the calculation of the votes for or against a resolution.

 

Update on Sale Process

 

By way of update and in accordance with the shareholder vote held on 13 July 2021 to enter a Managed Wind-Down of the Company (as defined and described in the circular to Shareholders dated 17 June 2021), the Board and its advisers are continuing discussions with potential purchasers of the remaining solar assets.

END

 

For further information, please contact:

Gresham House Asset Management Investor Relations	[e-mail] Tel: [phone]
JTC (UK) Limited Company Secretary	[e-mail] Tel: [phone]

 

 

LEI: 213800GQ3JQE2M214C75

 

Notes:

As at close of business on 18 March 2024, the Company's issued share capital comprised 26,133,036 Ordinary Shares and 39,463,845 'A' Shares, excluding shares held in treasury, and the total number of voting rights in the Company 26,172,499,845, being 26,133,036,000 votes attributable to Ordinary Shares and 39,463,845 rights attributable to "A" Shares.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

 

END

 

 

RAGJLMFTMTBBBJI