Friday 3 December, 2021

Edge Performance VCT shareholders requisition GM

On 2 December 2021, Edge Performance VCT (Edge) shareholders requisition ed a general meeting with the intention of closing the company and returning the funds to shareholders . They submitted, to the Edge board, documentation from approximately 10% of Edge shareholders r equisitio ning a general meeting and   requiring the Edge board to circulate resolutions for that meeting in accordance with the Companies Act 2006 and the Articles of Association. The subject of the resolutions is as follows :

i.  to sell the assets and return the funds to shareholders and then close the company;

ii.  to elect Richard Roth and Robin Goodfellow as directors to facilitate this process;

iii.  to remove Terry Back, Sir Aubrey Brocklebank and Sir Peter Bazalgette from the Board who collectively have failed to resume the adjourned AGM for over 3 months and who have failed to face all shareholders by standing for election/re-election They have also failed to give shareholders a chance to vote on the future direction of their company;

The accompanying 1,000 word statement can be read here:   https://www.sharesoc.org/wp-content/uploads/2021/12/Appendix-Supporting-statement-from-Requisitioning-Shareholders.pdf

The requisitioners have the support of ShareSoc and the ShareSoc Edge Performance VCT Campaign.

Previous related announcements  

https://www.lse.co.uk/rns/EDGI/i-share-interim-dividend-conversion-0r71xwkmeuuz1rj.html

https://www.lse.co.uk/rns/EDGI/sale-of-unity-shares-r704ul6fva4lf7q.html

https://www.lse.co.uk/rns/EDGI/annual-financial-report-e92orge8ffcnktu.html

https://www.lse.co.uk/rns/EDGI/notice-of-agm-prcf5cce66bd16j.html

https://www.lse.co.uk/rns/EDGH/halting-of-trading-in-i-shares-xeyqz5bkeyjmxqv.html

    This release has been provided by ShareSoc on behalf of E dge Performance VCT Shareholders who have requisitioned the general meeting .

ShareSoc is supporting t he ShareSoc Edge Performance VCT Campaign.

The proposed resolutions are the opinion of t he requisitioners and n either the resolutions nor this RNS are financial advice.

ShareSoc is facilitating this RNS. I t should not be construed as advice.

Website:       https://www.sharesoc.org/campaigns/edge-vct-campaign/

ShareSoc Website:       https://www.sharesoc.org/

Contacts

Richard Roth   mobile 07788 190182

ShareSoc , Cliff Weight, mobile 07712 793114

Notes to editors

Further information

https://www.sharesoc.org/campaigns/edge-vct-campaign/

https://www.sharesoc.org/sharesoc-news/edge-shareholders-requisition-general-meeting-to-remove-3-directors-and-appoint-richard-roth-as-a-director/

https://www.sharesoc.org/blog/sharesoc-launches-edge-performance-vct-campaign/

https://www.sharesoc.org/laggards/you-couldnt-make-it-up-edge-vct/

https://www.sharesoc.org/blog/vcts/edge-performance-vct-the-worst-show-on-earth/

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