8 Apr 2020 12:38
Maven Income and Growth VCT 3 PLC (the Company)
Result of Annual General Meeting
At the Annual General Meeting of the Company held at Kintyre House, 205 West George Street, Glasgow, G2 2LW on Wednesday 8 April 2020 at 12.00 noon, all of the Resolutions put to the Meeting were passed.
At the record date for the Annual General Meeting, being 6 April 2020, the total number of voting rights in the Company stood at and the total shares in issue were 78,784,600. In accordance with the provisions of E.2.2 of the UK Corporate Governance Code, the Company advises that for the Annual General Meeting, valid proxy appointments were made in respect of 5,033,147 shares and that the number of proxy votes lodged for each Resolution were as follows:
Resolutions | For | Discretion | Against | Withheld | Total | |
1 | To receive the Annual Report and audited Financial Statements | 4,862,956 | 142,560 | 5,940 | 21,691 | 5,033,147 |
2 | To approve the Directors' Remuneration Report | 4,624,721 | 142,560 | 156,417 | 109,449 | 5,033,147 |
3 | To approve the Directors' Remuneration Policy | 4,512,322 | 151,471 | 187,953 | 181,401 | 5,033,147 |
4 | To approve a final dividend payment | 4,868,734 | 142,560 | 6,102 | 15,751 | 5,033,147 |
5 | To re-elect Atul Devani as a Director | 4,767,122 | 159,082 | 65,173 | 41,770 | 5,033,147 |
6 | To re-elect David Allan as a Director | 4,802,092 | 159,082 | 29,464 | 42,509 | 5,033,147 |
7 | To re-elect Bill Nixon as a Director | 4,775,507 | 159,082 | 56,788 | 41,770 | 5,033,147 |
8 | To re-elect Keith Pickering as a Director | 4,740,079 | 210,198 | 47,312 | 35,558 | 5,033,147 |
9 | To re-appoint Deloitte LLP as Auditor | 4,357,481 | 183,676 | 464,034 | 27,956 | 5,033,147 |
10 | To authorise the Directors to determine the remuneration of the Auditor | 4,803,219 | 183,676 | 18,296 | 27,956 | 5,033,147 |
11 | To authorise the Directors to allot new shares | 4,471,413 | 192,587 | 305,062 | 64,085 | 5,033,147 |
12 | To authorise disapplication of pre-emption rights | 4,241,984 | 183,676 | 561,709 | 45,778 | 5,033,147 |
13 | To authorise the Company to purchase its own shares | 4,308,012 | 183,676 | 525,708 | 15,751 | 5,033,147 |
14 | To allow a General Meeting to be called on not less than 14 days' notice | 4,575,529 | 231,287 | 210,580 | 15,751 | 5,033,147 |
A vote withheld is not a vote in law and any such votes have not been included in the votes for or against the respective Resolutions. The voting figures, along with a summary of questions submitted to the AGM and the Board's responses to them, will be available to view at: www.mavencp.com/migvct3.
A copy of the Resolutions passed at the 2020 AGM have been submitted to the National Storage Mechanism and will shortly be available for inspection at: www.morningstar.co.uk/uk/NSM.
Issued on behalf of the Board
Maven Capital Partners UK LLP, Secretary
8 April 2020
Maven Grwth 3 (MIG3)