Result of AGM

RNS Number : 8744B

VPC Specialty Lending Invest. PLC

11 June 2019

 

VPC Specialty Lending Investments plc

(the "Company")

11 June 2019

Annual General Meeting ("AGM") Results

The Company announces that at its Annual General Meeting held earlier today all the resolutions set out in the Notice of Annual General Meeting were passed by the requisite majority.  Each of the resolutions put to the AGM was voted on by way of a poll. The results of the poll for each resolution were as follows:

Resolution	For (No. of shares)	For (%)	Against (No. of shares)	Against (%)	Votes Withheld (No. of shares)	Total issued. share capital instructed (%)
1.   To receive the Annual Report and Accounts.	229,527,930	94.93	12,250,000	5.07	6,180	71.06%
2.   To approve the Directors' Remuneration  Report	241,774,806	100.00	9,304	0.00	0	71.06%
3.   To approve the Directors' Remuneration Policy	241,774,212	100.00	8,901	0.00	997	71.06%
4.   To approve the Dividend Policy	241,783,113	100.00	997	0.00	0	71.06%
5.   To elect Mark Katzenellenbogen as a Director	241,773,403	100.00	10,707	0.00	0	71.06%
6.   To re-elect Kevin Ingram as a Director	241,673,121	99.95	110,988	0.05	0	71.06%
7.   To re-elect Richard Levy as a Director	221,479,904	91.60	20,304,205	8.40	0	71.06%
8.   To re-elect Elizabeth Passey as a Director	241,772,406	100.00	11,704	0.00	0	71.06%
9.   To re-elect Clive Peggram as a Director	229,527,306	94.93	12,256,804	5.07	0	71.06%
10. To re-appoint PricewaterhouseCoopers LLP as auditors of the Company.	241,762,289	99.99	21,821	0.01	0	71.06%
11. To authorise the Audit and Valuation Committee to determine the auditors' remuneration.	241,782,116	100.00	1,994	0.00	0	71.06%
12. To authorise the Directors to allot ordinary shares.	241,775,513	100.00	8,597	0.00	0	71.06%
13. To dis-apply pre-emption rights.*	241,761,598	99.99	22,512	0.01	0	71.06%
14. To authorise the Company to make market purchases of its own ordinary shares.*	241,751,596	99.99	32,514	0.01	0	71.06%
15. To authorise the Directors to hold general meetings on not less than 14 clear days' notice.*	240,666,073	99.54	1,117,937	0.46	100	71.06%

*Special Resolution

NOTES:
1.	All resolutions were passed.
2.	Proxy appointments which gave discretion to the Chairman of the AGM have been included in the "For" total for the appropriate resolution.
3.	Votes "For" and "Against" any resolution are expressed as a percentage of votes validly cast for that resolution.
4.	A "Vote withheld" is not a vote in law and is not counted in the calculation of the percentage of shares voted "For" or "Against" any resolution nor in the calculation of the proportion of "Total issued share capital instructed" for any resolution.
5.	The number of shares in issue at close of business on 9 June 2019 was 382,615,665 (the "Share Capital") and at that time, the Company held 42,376,811 shares in treasury.
6.	The proportion of "Total issued share capital instructed" for any resolution is the total of votes validly cast for that resolution (i.e. the total votes "For" and "Against" that resolution) expressed as a percentage of the Share Capital.
7.	The full text of the resolutions passed at the AGM can be found in the Notice of Annual General Meeting which is available on the Company's website at www.vpcspecialtylending.com.
8.	A copy of resolutions 13-15 passed at the AGM will shortly be submitted to the National Storage Mechanism and will be available for inspection at www.morningstar.co.uk/uk/NSM.
9.	The complete poll results will be available shortly on the Company's website at www.vpcspecialtylending.com

Link Company Matters Limited

Secretary

LEI: 549300UPEXC5DQB81P34

 

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