Result of EGM

RNS Number : 7563I

Maven Income & Growth VCT PLC

17 March 2010

 



Maven Income and Growth VCT PLC (the "Company")

Results of General Meeting

The Company announces that at the general meeting of shareholders convened and held earlier today, 17 March 2010 (the "General Meeting"), the special resolution (the "Resolution") to cancel the share premium account and the capital redemption reserve of the Company (the "Cancellation") received the necessary majority votes and was accordingly passed.

At the record date for the General Meeting, being 15 March 2010, the total number of voting rights in the Company stood at 34,976,983 and the total shares in issue were 34,988,833.  In accordance with the provisions of D.2.2 of the Combined Code on Corporate Governance, the Company advises that for the General Meeting, valid proxy appointments were made in respect of 5,462,587 shares and that voting on the Resolution was as follows:

For:                  5,413,632

Against:            33,455

Withheld:          15,500

The Company will now seek the approval of the Court in respect of the Cancellation, which is expected to become effective on 22 April 2010.

The Resolution will shortly be available for inspection at the UK Listing Authority's Document Viewing Facility, which is situated at:

Financial Services Authority

25 North Colonnade

Canary Wharf

London

E14 5HS

The voting figures will also be available to view on the Company's website at www.mavencp.com/migvct.

Maven Capital Partners UK LLP

Secretary

17 March 2010

 

END

 

 

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