24 Apr 2018 13:34
Maven Income and Growth VCT 5 PLC (the Company) - Result of Annual General Meeting
At the 2018 Annual General Meeting of the Company held at First Floor Kintyre House, 205 West George Street, Glasgow G2 2LW on Tuesday, 24 April 2018 at 10.00am, all of the Resolutions put to the Meeting were duly passed.
At the record date for the Annual General Meeting, being 20 April 2018, the total number of voting rights in the Company stood at 75,677,587 and the total number of shares in issue were 75,677,587. 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 4,749,446 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 | 4,603,757 | 124,763 | 14,252 | 6,674 | 4,749,446 |
2 | To approve the Directors' Remuneration Report | 3,924,241 | 84,753 | 544,444 | 196,008 | 4,749,446 |
3 | To re-elect Mr G Humphries as a Director | 4,384,182 | 94,336 | 82,607 | 188,321 | 4,749,446 |
4 | To re-elect Mr A Langlands as a Director | 4,390,488 | 88,423 | 104,349 | 166,186 | 4,749,446 |
5 | To re-elect Mr C Young as a Director | 4,421,181 | 88,423 | 77,544 | 162,298 | 4,749,446 |
6 | To re-appoint Deloitte LLP as Auditor
| 4,366,902 | 84,365 | 97,651 | 200,528 | 4,749,446 |
7 | To authorise the Directors to fix the remuneration of the Auditor | 4,506,290 | 89,235 | 110,800 | 43,121 | 4,749,446 |
8 | To authorise the Directors to allot new shares | 4,342,991 | 89,235 | 284,576 | 32,644 | 4,749,446 |
9 | To authorise disapplication of pre-emption rights | 3,932,225 | 92,571 | 568,767 | 155,883 | 4,749,446 |
10 | To authorise the Company to purchase its own shares | 4,061,724 | 89,235 | 433,123 | 165,364 | 4,749,446 |
11 | To allow a General Meeting to be called on not less than 14 days' notice | 4,207,301 | 97,508 | 346,604 | 98,033 | 4,749,446 |
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 will be available to view at: www.mavencp.com/migvct5.
A copy of the Resolutions which require to be filed at Companies House have also 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
24 April 2018
Maven I&g Vct5 (MIG5)