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IGV Income & Growth Vct (the) Plc

66.00
1.50 (2.33%)
23 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Income & Growth Vct (the) Plc LSE:IGV London Ordinary Share GB00B29BN198 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.50 2.33% 66.00 64.50 67.50 66.00 66.00 66.00 0.00 08:00:04
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Offices-holdng Companies,nec 8.63M 5.49M 0.0179 36.87 197.22M

Income & Growth VCT (The) PLC MERGER UPDATE AND GENERAL MEETINGS

18/07/2024 1:30pm

RNS Regulatory News


RNS Number : 9803W
Income & Growth VCT (The) PLC
18 July 2024
 

MERGER UPDATE AND GENERAL MEETINGS

Mobeus Income & Growth VCT plc       (LEI: 213800HKOSEVWS7YPH79)          (MIG)

Mobeus Income & Growth 2 VCT plc    (LEI: 213800LY62XLI1B4VX35)               (MIG 2)

Mobeus Income & Growth 4 VCT plc    (LEI: 213800IFNJ65R8AQW943)             (MIG 4)

The Income & Growth VCT plc (           LEI: 213800FPC15FNM74YD92)               (I&G)

(together the Companies and each a Company)

 

18 July 2024

On 18 June 2024, the Companies issued a joint circular (Circular) setting out proposals for, amongst other things, merging the four Companies into two (Merger), offers for subscription by MIG and I&G (as the proposed surviving Companies, such offers being conditional on the Merger becoming effective) and notices for general meetings of the Companies to be convened on 18 July 2024 and 26 July 2024 in connection therewith (General Meetings and each a General Meeting). Set out below are the results of the General Meetings of the Companies held today (18 July 2024).


MIG

MIG is pleased to announce that all the resolutions proposed at its General Meeting were duly passed.

Proxy results were received in respect of 14,100,948 ordinary shares representing 8.70% of the issued share capital as at 16 July 2024.

The following table shows the proxy votes cast for each resolution:

Resolution

For

Against

Withheld

Number

Percentage

Number

Percentage

1

13,378,166

94.96%

709,330

5.04%

13,452

2

13,279,469

94.65%

751,052

5.35%

70,427

3

13,273,520

94.90%

713,124

5.10%

114,304

4

13,383,800

95.37%

649,972

4.63%

67,176

1.              A withheld vote is not a vote in law and, accordingly, is not counted in the calculation of the proportion of votes "For" and "Against" the resolution concerned.

2.              Any proxy appointments which gave discretion to the Chair have been included in the vote "For" total.

A copy of the resolutions passed at the MIG General Meeting will shortly be available for inspection on both MIG's website (www.migvct.co.uk) as well as at the National Storage Mechanism (https://data.fca.org.uk/#/nsm/nationalstoragemechanism).


MIG 2

MIG 2 is pleased to announce that the resolution proposed at its General Meeting was duly passed.

Proxy results were received in respect of 8,242,594 ordinary shares representing 8.53% of the issued share capital as at 16 July 2024.

The following table shows the proxy votes cast for the resolution:

For

Against

Withheld

Number

Percentage

Number

Percentage

7,851,767

97.21%

225,374

2.79%

165,093

1.              A withheld vote is not a vote in law and, accordingly, is not counted in the calculation of the proportion of votes "For" and "Against" the resolution.

2.              Any proxy appointments which gave discretion to the Chair have been included in the vote "For" total.

A copy of the resolutions passed at the MIG 2 General Meeting will shortly be available for inspection on both MIG 2's website (www.mig2vct.co.uk) as well as at the National Storage Mechanism (https://data.fca.org.uk/#/nsm/nationalstoragemechanism).


I&G

I&G is pleased to announce that all the resolutions proposed at its General Meeting were duly passed.

Proxy results were received in respect of 12,713,830 ordinary shares representing 8.16% of the issued share capital as at 16 July 2024.

The following table shows the proxy votes cast for each resolution:

Resolution

For

Against

Withheld

Number

Percentage

Number

Percentage

1

12,128,574

96.80%

400,571

3.20%

184,685

2

12,035,077

96.47%

440,680

3.53%

238,073

3

11,917,175

96.02%

493,935

3.98%

302,720

4

12,040,665

97.11%

358,027

2.89%

315,138

1.              A withheld vote is not a vote in law and, accordingly, is not counted in the calculation of the proportion of votes "For" and "Against" the resolution concerned.

2.              Any proxy appointments which gave discretion to the Chair have been included in the vote "For" total.

A copy of the resolutions passed at the I&G General Meeting will shortly be available for inspection on both I&G's website (www.incomeandgrowthvct.co.uk) as well as at the National Storage Mechanism (https://data.fca.org.uk/#/nsm/nationalstoragemechanism).


MIG 4

MIG 4 is pleased to announce that the resolution proposed at its General Meeting was duly passed.

Proxy results were received in respect of 10,477,985 ordinary shares representing 9.50% of the issued share capital as at 16 July 2024.

The following table shows the proxy votes cast for the resolution:

For

Against

Withheld

Number

Percentage

Number

Percentage

9,675,362

92.46%

789,364

7.54%

13,259

1.              A withheld vote is not a vote in law and, accordingly, is not counted in the calculation of the proportion of votes "For" and "Against" the resolution.

2.              Any proxy appointments which gave discretion to the Chair have been included in the vote "For" total.

A copy of the resolutions passed at the MIG 4 General Meeting will shortly be available for inspection on both MIG 4's website (www.mig4vct.co.uk) as well as at the National Storage Mechanism (https://data.fca.org.uk/#/nsm/nationalstoragemechanism).


FURTHER INFORMATION

For further information, please contact:

Gresham House Asset Management Limited

Company Secretary

Telephone: +44 (0)20 7382 0999

 

 

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