Result of AGM

RNS Number : 2466F

Maven Income and Growth VCT 5 PLC

22 April 2014

 

Maven Income and Growth VCT 5 PLC (the Company)

Result of Annual General Meeting

At the Annual General Meeting of the Company held at 10.00 am in Kintyre House, 205 West George Street,Glasgow G2 2LW on 22 April 2014, all of the Resolutions put to the Meeting were duly passed.

At the record date for the Annual General Meeting, being 16 April 2014, the total number of voting rights in the Company stood at 67,512,435 and the total shares in issue were 67,512,435. 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 9,973,024 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 Annual Report and audited Financial Statements	9,698,626	225,840	3,000	45,558	9,973,024
2	To approve the Directors' Remuneration Report	9,281,310	223,895	257,886	209,933	9,973,024
3	To approve the Directors' remuneration policy	9,116,339	223,895	377,440	255,350	9,973,024
4	To approve a final dividend	9,727,398	218,732	6,894	20,000	9,973,024
5	To re-elect Mr G Humphries as a Director	9,501,875	230,892	155,035	85,222	9,973,024
6	To re-elect Mr A Langlands as a Director	9,528,356	230,892	131,445	82,331	9,973,024
7	To re-elect Mr C Young as a Director	9,529,981	230,892	126,929	85,222	9,973,024
8	To appoint KPMG LLP as Auditor	9,365,053	232,251	139,385	236,335	9,973,024
9	To authorise the Directors to fix the remuneration of the Auditor	8,857,375	869,099	155,211	91,339	9,973,024
10	To authorise the Directors to allot new shares	9,372,867	232,251	38,299	329,607	9,973,024
11	To authorise disapplication of pre-emption rights	9,024,099	235,912	343,050	369,963	9,973,024
12	To authorise the Company to purchase its own shares	9,081,703	227,088	507,125	157,108	9,973,024
13	To allow a General Meeting to be called on not less than 14 days' notice	9,295,230	232,251	296,268	149,275	9,973,024

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

22 April 2014

 

END

 

 

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