12 Jun 2018 16:43
VPC Specialty Lending Investments plc
(the "Company")
12 June 2018
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 | 296,218,328
| 100.00
| 0
| 0.00
| 0
| 81.03%
|
2. To approve the Directors' Remuneration Report | 296,206,341
| 100.00
| 11,987
| 0.00
| 0
| 81.03%
|
3. To approve the Dividend Policy | 296,217,331
| 100.00
| 997
| 0.00
| 0
| 81.03%
|
4. To re-elect Kevin Ingram as a Director | 296,135,917
| 100.00
| 8,490
| 0.00
| 73,921
| 81.01%
|
5. To re-elect Clive Peggram as a Director. | 296,209,838
| 100.00
| 8,490
| 0.00
| 0
| 81.03%
|
6. To re-elect Richard Levy as a Director | 257,451,204
| 93.73
| 17,217,123
| 6.27
| 21,550,000
| 75.13%
|
7. To re-appoint PricewaterhouseCoopers LLP as auditors of the Company | 289,636,295
| 100.00
| 10,990
| 0.00
| 6,571,042
| 79.23%
|
8. To authorise the Audit and Valuation Committee to determine the auditors' remuneration | 296,217,331
| 100.00
| 997
| 0.00
| 0
| 81.03%
|
9. To authorise the Directors to allot ordinary shares | 285,606,341
| 96.42
| 10,611,987
| 3.58
| 0
| 81.03%
|
10. To disapply pre-emption rights* | 285,606,041
| 96.42
| 10,612,287
| 3.58
| 0
| 81.03%
|
11. To authorise the Company to make market purchases of its own ordinary shares* | 296,217,331
| 100.00
| 997
| 0.00
| 0
| 81.03%
|
12. To authorise the Directors to hold general meetings on not less than 14 clear days' notice* | 294,336,672
| 99.36
| 1,881,656
| 0.64
| 0
| 81.03%
|
*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 10 June 2018 was 382,615,665 (the "Share Capital") and at that time, the Company held 17,044,609 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 9-12 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
Vpc Specialty (VSL)