Result of AGM

RNS Number : 2839D

Maven Income and Growth VCT 5 PLC

25 April 2017

 

Annual General Meeting

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

At the 2017 Annual General Meeting of the Company held at 5th Floor, 1-2 Royal Exchange Buildings, London EC3V 3LF on Tuesday, 25 April 2017 at 10.00am, all of the Resolutions put to the Meeting were passed.

At the record date for the Annual General Meeting, being 21 April 2017, the total number of voting rights in the Company stood at 77,111,087 and the total shares in issue were 77,111,087. In accordance with the provisions of E.2.2 of the UK Corporate Governance Code, the Company advises that for the Annual General Meeting, valid proxy appointments were made in respect of 6,103,821 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	6,001,801	70,106	31,914	0	6,103,821
2	To approve the Directors' Remuneration Report	4,982,158	70,106	894,658	156,899	6,103,821
3	To approve the Directors' Remuneration Policy	5,281,270	70,106	610,613	141,832	6,103,821
4	To approve a final dividend	6,018,740	70,106	13,095	1,880	6,103,821
5	To re-elect Mr G Humphries as a Director	5,742,954	60,042	122,616	178,209	6,103,821
6	To re-elect Mr A Langlands as a Director	5,791,584	72,337	103,914	135,986	6,103,821
7	To re-elect Mr C Young as a Director	5,794,216	72,337	101,282	135,986	6,103,821
8	To appoint Deloitte LLP as Auditor	5,487,730	78,337	362,702	175,052	6,103,821
9	To authorise the Directors to fix the remuneration of the Auditor	5,823,443	82,983	185,810	11,585	6,103,821
10	To authorise the Directors to allot new shares	5,711,217	83,648	196,705	112,251	6,103,821
11	To authorise the disapplication of pre-emption rights	5,287,320	73,888	595,317	147,296	6,103,821
12	To authorise the Company to purchase its own shares	5,305,228	73,888	704,681	20,024	6,103,821
13	To allow a General Meeting to be called on not less than 14 days' notice	5,584,468	77,936	341,417	100,000	6,103,821

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

A copy of the Resolutions passed at the 2017 AGM have been submitted to the National Storage Mechanism and will shortly be available for inspection at: www.morningstar.co.uk/uk/NSM.

Issued on behalf of the Board

Maven Capital Partners UK LLP, Secretary

25 April 2017

 

END

 

 

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