10 Jul 2014 14:06
Maven Income and Growth VCT PLC
Result of Annual General Meeting
At the Annual General Meeting of the Company held in Kintyre House, 205 West George Street, Glasgow, G2 2LW on Thursday 10 July 2014 at 12.00 noon, all of the Resolutions put to the Meeting were passed.
At the record date for the Annual General Meeting, being 8 July 2014, the total number of voting rights in the Company stood at 48,538,605 and the total shares in issue were 48,538,605. 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 4,920,864 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 Directors' Report and Financial Statements | 4,700,450 | 214,174 | 3,211
| 3,029 | 4,920,864
|
2 | To approve the Directors' Remuneration Report | 4,483,895 | 216,490 | 165,854 | 54,625 | 4,920,864 |
3 | To approve the Directors' remuneration policy | 4,134,704 | 216,490 | 495,209 | 74,461 | 4,920,864 |
4 | To declare a final dividend
| 4,703,479 | 214,174 | 3,211 | 0 | 4,920,864 |
5 | To re-elect Mr Arthur MacMillan as a Director | 4,432,145 | 215,651 | 242,124 | 30,944 | 4,920,864 |
6 | To re-elect Sir Charles G Stuart-Menteth Bt as a Director | 4,408,017 | 215,651 | 262,267 | 34,929 | 4,920,864 |
7 | To re-elect Mrs Fiona Wollocombe as a Director | 4,523,218 | 215,651 | 158,551 | 23,444 | 4,920,864 |
8 | To re-appoint Deloitte LLP as Auditors
| 4,237,365 | 215,651 | 454,918 | 12,930 | 4,920,864 |
9 | To authorise the Directors to fix the remuneration of the Auditors | 4,653,713 | 227,530 | 28,848 | 10,773 | 4,920,864 |
10 | To renew the Company's authority to allot shares | 4,545,648 | 214,174 | 136,636 | 24,406 | 4,920,864 |
11 | To authorise the Directors to disapply pre-emption rights | 4,082,383 | 216,157 | 586,702 | 35,622 | 4,920,864 |
12 | To renew the Company's authority to purchase its own shares | 4,307,435 | 189,174 | 416,702 | 7,553 | 4,920,864 |
13 | To amend the notice period for a General Meeting. | 4,128,623 | 223,159 | 532,983 | 36,099 | 4,920,864 |
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.
Passing of Special Resolutions
The Special Resolutions have been submitted to the National Storage Mechanism and will shortly be available for inspection at: www.//hemscott.com/nsm.do.
The voting figures will be available to view at: www.mavencp.com/migvct.
Issued on behalf of the Board
Maven Capital Partners UK LLP, Secretary
10 July 2014
Maven Income 1 (MIG1)