Maven Income and Growth VCT 5 PLC Result of AGM (2839D)

TIDMMIG5

RNS Number : 2839D

Maven Income and Growth VCT 5 PLC

25 April 2017

Annual General Meeting

Maven Income and Growth VCT 5 PLC (the Company) - Result of Annual General Meeting

At the 2017 Annual General Meeting of the Company held at 5th Floor, 1-2 Royal Exchange Buildings, London EC3V 3LF on Tuesday, 25 April 2017 at 10.00am, all of the Resolutions put to the Meeting were passed.

At the record date for the Annual General Meeting, being 21 April 2017, the total number of voting rights in the Company stood at 77,111,087 and the total shares in issue were 77,111,087. 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 6,103,821 shares and that the number of proxy votes lodged for each Resolution were as follows:

 
      Resolutions                             For   Discretion   Against   Withheld         Total 
---  --------------------------------  ----------  -----------  --------  ---------  ------------ 
      To receive the Annual 
       Report and audited 
 1     Financial Statements             6,001,801       70,106    31,914          0     6,103,821 
---  --------------------------------  ----------  -----------  --------  ---------  ------------ 
 
      To approve the Directors' 
 2     Remuneration Report              4,982,158       70,106   894,658    156,899     6,103,821 
---  --------------------------------  ----------  -----------  --------  ---------  ------------ 
 
      To approve the Directors' 
 3     Remuneration Policy              5,281,270       70,106   610,613    141,832     6,103,821 
---  --------------------------------  ----------  -----------  --------  ---------  ------------ 
      To approve a final 
 4     dividend                         6,018,740       70,106    13,095      1,880     6,103,821 
---  --------------------------------  ----------  -----------  --------  ---------  ------------ 
      To re-elect Mr G Humphries 
 5     as a Director                    5,742,954       60,042   122,616    178,209     6,103,821 
---  --------------------------------  ----------  -----------  --------  ---------  ------------ 
      To re-elect Mr A Langlands 
 6     as a Director                    5,791,584       72,337   103,914    135,986     6,103,821 
---  --------------------------------  ----------  -----------  --------  ---------  ------------ 
      To re-elect Mr C Young 
 7     as a Director                    5,794,216       72,337   101,282    135,986     6,103,821 
---  --------------------------------  ----------  -----------  --------  ---------  ------------ 
 
      To appoint Deloitte 
 8     LLP as Auditor                   5,487,730       78,337   362,702    175,052     6,103,821 
---  --------------------------------  ----------  -----------  --------  ---------  ------------ 
      To authorise the Directors 
       to fix the remuneration 
 9     of the Auditor                   5,823,443       82,983   185,810     11,585     6,103,821 
---  --------------------------------  ----------  -----------  --------  ---------  ------------ 
 
      To authorise the Directors 
 10    to allot new shares              5,711,217       83,648   196,705    112,251     6,103,821 
---  --------------------------------  ----------  -----------  --------  ---------  ------------ 
 
      To authorise the disapplication 
 11    of pre-emption rights            5,287,320       73,888   595,317    147,296     6,103,821 
---  --------------------------------  ----------  -----------  --------  ---------  ------------ 
      To authorise the Company 
       to purchase its own 
 12    shares                           5,305,228       73,888   704,681     20,024     6,103,821 
---  --------------------------------  ----------  -----------  --------             ------------ 
      To allow a General 
       Meeting to be called 
       on not less than 14 
 13    days' notice                     5,584,468       77,936   341,417    100,000     6,103,821 
---  --------------------------------  ----------  -----------  --------  ---------  ------------ 
 

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. The voting figures will be available to view at: www.mavencp.com/migvct5

A copy of the Resolutions passed at the 2017 AGM have been submitted to the National Storage Mechanism and will shortly be available for inspection at: www.morningstar.co.uk/uk/NSM.

Issued on behalf of the Board

Maven Capital Partners UK LLP, Secretary

25 April 2017

This information is provided by RNS

The company news service from the London Stock Exchange

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April 25, 2017 09:14 ET (13:14 GMT)