Result of AGM

RNS Number : 5063B

Maven Income and Growth VCT 5 PLC

17 April 2012

 



Annual General Meeting

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

At the Annual General Meeting of the Company held at 10.30am held in 9-13 St. Andrew Street, London EC4A 3AF on 17 April 2012, all of the/the following Resolutions put to the Meeting were duly passed.

At the record date for the Annual General Meeting, being 15 April 2012, the total number of voting rights in the Company stood at 59,277,137 and the total shares in issue were 59,277,137. In accordance with the provisions of D.2.2 of the Combined Code on Corporate Governance, the Company advises that for the Annual General Meeting, valid proxy appointments were made in respect of 8,812,589 shares and that the number of proxy votes lodged for each Resolution were as follows:

	Resolutions	For	Discretion	Against	Withheld	Total
1	To receive the Directors' Report and audited Financial Statements	8,452,289	328,615	7,000	24,685	8,812,589
2	To approve the Directors' Remuneration Report	7,899,694	308,323	469,406	135,166	8,812,589
3	To approve the payment of a final dividend	8,459,662	347,080	4,003	1,844	8,812,589
4	To re-elect Mr G Brough as a Director	7,903,601	336,951	284,282	287,755	8,812,589
5	To re-elect Mr G Humphries as a Director	7,985,771	339,951	196,130	290,737	8,812,589
6	To re-elect Mr J Matheson as a Director	7,870,538	339,951	313,944	288,156	8,812,589
7	To re-elect Mr S Mitchell as a Director	7,859,856	339,951	301,533	311,249	8,812,589
8	To  re-appoint KPMG Audit Plc as Auditor	8,398,471	328,615	12,058	73,445	8,812,589
9	To authorise the Directors to fix the remuneration of the Auditor	8,413,743	328,615	43,551	26,680	8,812,589
10	To authorise the Directors to allot new shares	8,184,075	337,196	230,216	61,102	8,812,589
11	To authorise disapplication of pre-emption rights	8,059,028	347,615	321,380	84,566	8,812,589
12	To authorise the Company to purchase its own shares	7,477,200	346,749	959,892	28,748	8,812,589
13	To allow a General Meeting to be called on not less than 14 days' notice	8,077,659	333,701	374,233	26,996	8,812,589
14	To approve the related party transaction with Maven Capital Partners UK LLP	7,172,960	336,491	846,051	457,087	8,812,589

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.

Passing of Resolutions under Special Business

The Special Resolutions have been submitted to the National Storage Mechanism and will shortly be available for inspection at: www.//hemscott.com/nsm.do.

Issued on behalf of the Board

Maven Capital Partners UK LLP, Secretary

17 April 2012

 

END

 

 

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