Maven Renovar Regulatory News (MRV)

21 Jul 2005 10:28

Murray VCT PLC21 July 2005 FOR IMMEDIATE RELEASE MURRAY VCT PLC 21 July 2005 EGM Requisition The company secretary of Murray VCT PLC, Murray VCT 2 PLC and Murray VCT 3 PLCis in receipt of shareholder requisitions to convene extraordinary generalmeetings of each company to consider resolutions for the removal of the existingdirectors and the appointment of new board members nominated by Mr CharlesClark, a shareholder in the three companies. Mr Clark had mounted a campaign to have these resolutions put at forthcomingAGMs of the companies, which the boards of the respective companies had agreedto do, but has now escalated his activities by requiring separate extraordinarygeneral meetings to be convened. Mr Clark and his proposed directors continue to resist meeting with the Boardsof the companies or their advisers and to respond to their enquiries. The Boardsremain unconvinced as to the independence of and motives behind Mr Clark'saction and look forward to the opportunity to ask questions directly of Mr Clarkand his nominees. The Boards will issue circulars convening EGMs and AGMs as required and willexplain why they consider shareholders should not support Mr Clark's actions. Media Enquiries: Beattie Communications:Derek Douglas 01324 602550 This information is provided by RNS The company news service from the London Stock Exchange