9 Feb 2023 13:01
9 February 2023
Triple Point VCT 2011 PLC
(the "Company")
RESULT OF GENERAL MEETING AND ADJOURNMENT OF CLASS MEETINGS
The Board of Triple Point VCT 2011 plc is pleased to announce that at the Company's General Meeting held today, the resolutions were passed on a show of hands.
The Resolutions were proposed as special resolutions. The proxy votes received prior to the meetings were as follows:
General Meeting
Resolution | Votes For* | % | Votes Against | % | Total votes validly cast | Total votes cast as % of issued share capital | Votes Withheld** | |
1 | To approve the reduction of capital by cancellation of the A Shares of the Company. | 5,716,115 | 100 | 0 | 0 | 5,716,115 | 9.65% | 17,109 |
2 | To approve the reduction of capital by cancellation of the B Shares of the Company. | 5,710,652 | 100 | 0 | 0 | 5,710,652 | 9.64% | 22,572 |
3 | To approve the amended articles of association. | 5,707,636 | 100 | 0 | 0 | 5,707,636 | 9.63% | 25,588 |
* Any proxy appointments which gave discretion to the Chairman have been included in the "For" totals.
**A vote withheld is not a vote in law and is not counted in the calculation of the votes for or against a resolution.
Every shareholder has one vote for every share held. As at 9 February 2023, the Company's issued share capital comprised of 9,777,285 A Ordinary Shares of 1p each, 6,758,795 B Ordinary Shares of 1p each and 42,720,246 Venture Ordinary Shares of 1p each. Each A Ordinary, B Ordinary and Venture Ordinary shares carries the right to one vote at a General Meeting of the Company and therefore the total number of voting rights is 59,256,326.
The full text of all the resolutions can be found in the Circular and Notice of General Meeting and Class Meetings dated 18 January 2023, a copy of which is available on the Company's website at https://www.triplepoint.co.uk/current-vcts/triple-point-vct-2011-plc/s2539/.
In accordance with Listing Rule 9.6.2 copies of all the resolutions passed, other than ordinary business, will be submitted to the National Storage Mechanism and will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
Further to the notices dated 18 January 2023 of class meetings of the holders of A Ordinary Shares and B Ordinary Shares in the capital of the Company (the "Class Meetings"), the Class Meetings were adjourned on 9 February 2023, due to a lack of quorum, to 1 March 2023, to be held at 1 King William Street, London EC4N 7AF at 9.00 am, in the case of the A Ordinary Share Class Meeting, and at 9.15 am in the case of the B Ordinary Share Class Meeting, when, in accordance with the Company's articles of association, those holders of A Ordinary Shares and B Ordinary Shares present shall form a quorum at the respective Class Meetings.
Notices of the adjourned Class Meetings will be emailed to those shareholders who have requested e-comms communications and will be posted to other shareholders.
FOR FURTHER INFORMATION ON THE COMPANY, PLEASE CONTACT:
Triple Point Investment Management LLP (Investment Manager) | Tel: 020 7201 8989 |
Ian McLennan Belinda Thomas
|
The Company's LEI is 213800AOOAQA5XQDEA89
Further information on the Company can be found on its website https://www.triplepoint.co.uk/current-vcts/triple-point-vct-2011-plc/s2539/
NOTES:
The Company is a Venture Capital Trust incorporated in July 2010 and was established to fund small and medium sized enterprises. The Investment Manager is Triple Point Investment Management LLP.