VPC Specialty Lending Invest. PLC Result of AGM (1720R)

TIDMVSL

RNS Number : 1720R

VPC Specialty Lending Invest. PLC

12 June 2018

VPC Specialty Lending Investments plc

(the "Company")

12 June 2018

Annual General Meeting ("AGM") Results

The Company announces that at its Annual General Meeting held earlier today all the resolutions set out in the Notice of Annual General Meeting were passed by the requisite majority. Each of the resolutions put to the AGM was voted on by way of a poll. The results of the poll for each resolution were as follows:

 
 Resolution                                     For        For       Against     Against     Votes       Total issued 
                                                (No.        (%)        (No.        (%)      Withheld     share capital 
                                             of shares)             of shares)               (No. of      instructed 
                                                                                             shares)          (%) 
 1. To receive the Annual 
  Report and Accounts                       296,218,328   100.00   0             0.00      0                81.03% 
                                           ------------  -------  ------------  --------  -----------  --------------- 
 2. To approve the Directors' 
  Remuneration Report                       296,206,341   100.00   11,987        0.00      0            81.03% 
                                           ------------  -------  ------------  --------  -----------  --------------- 
 3. To approve the Dividend 
  Policy                                    296,217,331   100.00   997           0.00      0            81.03% 
                                           ------------  -------  ------------  --------  -----------  --------------- 
 4. To re-elect Kevin 
  Ingram as a Director                      296,135,917   100.00   8,490         0.00      73,921       81.01% 
                                           ------------  -------  ------------  --------  -----------  --------------- 
 5. To re-elect Clive 
  Peggram as a Director.                    296,209,838   100.00   8,490         0.00      0            81.03% 
                                           ------------  -------  ------------  --------  -----------  --------------- 
 6. To re-elect Richard 
  Levy as a Director                        257,451,204   93.73    17,217,123    6.27      21,550,000   75.13% 
                                           ------------  -------  ------------  --------  -----------  --------------- 
 7. To re-appoint PricewaterhouseCoopers 
  LLP as auditors of 
  the Company                               289,636,295   100.00   10,990        0.00      6,571,042    79.23% 
                                           ------------  -------  ------------  --------  -----------  --------------- 
 8. To authorise the 
  Audit and Valuation 
  Committee to determine 
  the auditors' remuneration                296,217,331   100.00   997           0.00      0            81.03% 
                                           ------------  -------  ------------  --------  -----------  --------------- 
 9. To authorise the 
  Directors to allot 
  ordinary shares                           285,606,341   96.42    10,611,987    3.58      0            81.03% 
                                           ------------  -------  ------------  --------  -----------  --------------- 
 10. To disapply pre-emption 
  rights*                                   285,606,041   96.42    10,612,287    3.58      0            81.03% 
                                           ------------  -------  ------------  --------  -----------  --------------- 
 11. To authorise the 
  Company to make market 
  purchases of its own 
  ordinary shares*                          296,217,331   100.00   997           0.00      0            81.03% 
                                           ------------  -------  ------------  --------  -----------  --------------- 
 12. To authorise the 
  Directors to hold general 
  meetings on not less 
  than 14 clear days' 
  notice*                                   294,336,672   99.36    1,881,656     0.64      0            81.03% 
                                           ------------  -------  ------------  --------  -----------  --------------- 
 

*Special Resolution

 
 NOTES: 
 1.       All resolutions were passed. 
 2.       Proxy appointments which gave discretion to the Chairman 
           of the AGM have been included in the "For" total for 
           the appropriate resolution. 
 3.       Votes "For" and "Against" any resolution are expressed 
           as a percentage of votes validly cast for that resolution. 
 4.       A "Vote withheld" is not a vote in law and is not counted 
           in the calculation of the percentage of shares voted 
           "For" or "Against" any resolution nor in the calculation 
           of the proportion of "Total issued share capital instructed" 
           for any resolution. 
 5.       The number of shares in issue at close of business on 
           10 June 2018 was 382,615,665 (the "Share Capital") and 
           at that time, the Company held 17,044,609 shares in 
           treasury. 
 6.       The proportion of "Total issued share capital instructed" 
           for any resolution is the total of votes validly cast 
           for that resolution (i.e. the total votes "For" and 
           "Against" that resolution) expressed as a percentage 
           of the Share Capital. 
 7.       The full text of the resolutions passed at the AGM can 
           be found in the Notice of Annual General Meeting which 
           is available on the Company's website at www.vpcspecialtylending.com. 
 8.       A copy of resolutions 9-12 passed at the AGM will shortly 
           be submitted to the National Storage Mechanism and will 
           be available for inspection at www.morningstar.co.uk/uk/NSM. 
 9.       The complete poll results will be available shortly 
           on the Company's website at www.vpcspecialtylending.com 
 

Link Company Matters Limited

Secretary

LEI: 549300UPEXC5DQB81P34

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June 12, 2018 11:43 ET (15:43 GMT)