Result of General Meeting

RNS Number : 3735R

Edge Performance VCT PLC

28 February 2023

 

Edge Performance VCT Public Limited Company LEI Number: 213800PAOE1WTGQGSH39 28 February 2023
Result of General Meeting Further to the circular (the "Circular") and notice of general meeting (the "Notice") to shareholders published on 3 February 2023 by Edge Performance VCT Public Limited Company (the "Company"), the Board of the Company announces that the ordinary resolution to approve the Related Party Transaction (as defined in the Circular) and the special resolution to place the Company into members' voluntary liquidation, as set out in the Notice, were each voted on by way of a poll and approved by the Company's shareholders at the General Meeting held earlier today. Accordingly, Paul Cooper and Asher Miller of Begbies Traynor LLP have been appointed as joint Liquidators of the Company. The votes received for and against the resolutions and the number of votes withheld were as follows: Resolution Votes For (including discretionary) % (of votes cast excl. withheld) Votes Against % (of votes cast excl. withheld) Total votes cast % (issued share capital) Votes Withheld 1.     To approve the Related Party Transaction (as defined in the Circular). 1,665,483 88.26 221,611 11.74 1,887,094 17.59 73,385 2.     To approve the members' voluntary liquidation of the Company, appoint the Liquidators and grant the Liquidators certain powers. 1,669,383 85.15 291,096 14.85 1,960,479 18.27 0 The full text of the resolutions can be found in the Notice contained in the Circular. The Circular is available for viewing on the National Storage Mechanism at https://data.fca.org.uk/#/nsm/nationalstoragemechanism and on the Company's website at https://edge.vc/investor-portal/ . Suspension and Cancellation of Shares As set out in the Circular, the Shares were suspended from listing on the Official List of the Financial Conduct Authority and from trading on the London Stock Exchange at 7.30 a.m. this morning, 28 February 2023, in anticipation of the General Meeting. Applications have been made to the Financial Conduct Authority and to the London Stock Exchange for the cancellation of the listing and admission to trading of the Shares with effect from 8.00 a.m. on 1 March 2023. Initial Distribution As set out in the Circular, the Liquidators expect to make an initial distribution to shareholders in May 2023 (the "Initial Distribution"). It is expected that the Initial Distribution will be not less than 5 pence per Share.
Defined terms used in this announcement have the meanings given to them in the Circular unless the context otherwise requires. Enquiries: Liquidators  [phone] Paul Cooper Asher Miller

 

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