Triple Point Inc VCT - TPVE Result of Annual General Meeting (9190T)

TIDMTPVE TIDMTPVC TIDMTPVD

RNS Number : 9190T

Triple Point Inc VCT - TPVE

23 July 2020

23 July 2020

Triple Point Income VCT plc

(the "Company")

RESULT OF ANNUAL GENERAL MEETING

The Board of Triple Point Income VCT plc is pleased to announce that at the Company's Annual General Meeting held today, all resolutions were voted on by way of a poll and were passed by shareholders.

Resolutions 1 to 7 (inclusive) were proposed as ordinary resolutions and resolutions 8 and 9 were proposed as special resolutions. The results of the poll were as follows:

 
        Resolution          Votes For     %      Votes Against    %     Total votes    Total votes     Votes Withheld* 
                                                                          validly        cast as % 
                                                                            cast         of issued 
                                                                                       share capital 
     To receive and adopt 
     the Annual 
     Report and Accounts 
     of the 
     Company for the year 
     ended 
 1   31 March 2020.         5,178,153   100.00         0         0.00    5,178,153        9.23%               0 
    ---------------------  ----------  -------  --------------  -----  ------------  ---------------  ---------------- 
     To approve the 
     Directors' 
     Remuneration 
 2   Report.                5,057,672   99.72       14,404       0.28    5,072,076        9.04%             9,578 
    ---------------------  ----------  -------  --------------  -----  ------------  ---------------  ---------------- 
     To approve the 
     Directors' 
     Remuneration 
 3   Policy.                5,028,274   97.56       125,602      2.44    5,153,876        9.19%            24,277 
    ---------------------  ----------  -------  --------------  -----  ------------  ---------------  ---------------- 
     To re-elect David 
     Frank as 
 4   a Director.            5,168,575   100.00         0         0.00    5,168,575        9.21%             9,578 
    ---------------------  ----------  -------  --------------  -----  ------------  ---------------  ---------------- 
     To re-elect Michael 
     Stanes 
 5   as a Director.         5,148,977   99.62       19,598       0.38    5,168,575        9.21%             9,578 
    ---------------------  ----------  -------  --------------  -----  ------------  ---------------  ---------------- 
     To re-elect Simon 
     Acland as 
 6   a Director.            5,173,254   100.00         0         0.00    5,173,254        9.22%             4,899 
    ---------------------  ----------  -------  --------------  -----  ------------  ---------------  ---------------- 
     To re-appoint BDO 
     LLP as Auditors 
     of the Company and 
     to authorise 
     the Audit Committee 
     to determine 
     the Auditors' 
 7   remuneration.          5,153,656   99.62       19,598       0.38    5,173,254        9.22%             4,899 
    ---------------------  ----------  -------  --------------  -----  ------------  ---------------  ---------------- 
     To authorise the 
     Company to 
     purchase its own 
 8   shares.                5,148,755   99.72       14,699       0.28    5,163,454        9.21%            14,699 
    ---------------------  ----------  -------  --------------  -----  ------------  ---------------  ---------------- 
     To authorise the 
     calling of 
     general meetings, 
     other than 
     an annual general 
     meeting, 
     on not less than 14 
     clear days' 
 9   notice.                5,071,856   97.95       106,297      2.05    5,178,153        9.23%               0 
    ---------------------  ----------  -------  --------------  -----  ------------  ---------------  ---------------- 
 

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

Every shareholder has one vote for every share held. As at 23 July 2020, the Company's issued share capital comprised of 13,441,438 C Ordinary Shares of 1p each, 13,701,636 D Ordinary Shares of 1p each and 28,949,575 E Ordinary Shares of 1p each. Each C Ordinary, D Ordinary and E Ordinary Share carries the right to one vote at a general meeting of the Company and therefore the total number of voting rights is 56,092,649.

The full text of all the resolutions can be found in the Notice of Annual General Meeting dated 15 June 2020, a copy of which is available on the Company's website at https://www.triplepoint.co.uk/current-vcts/triple-point-income-vct-plc/s1238/ .

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 .

FOR FURTHER INFORMATION ON THE COMPANY, PLEASE CONTACT:

 
 Triple Point Investment Management   Tel: [phone] 
  LLP 
  (Investment Manager) 
 Ben Beaton 
 Belinda Thomas 
 
 

The Company's LEI is 213800IXD8S5WY88L245.

Further information on the Company can be found on its website https://www.triplepoint.co.uk/current-vcts/triple-point-income-vct-plc/s1238/ .

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END

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July 23, 2020 08:30 ET (12:30 GMT)