REG - Triple Point Venture - Result of Annual General Meeting

Triple Point Venture VCTAnnouncement

23/07/2024 14:15

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RNS Number : 5129X  Triple Point Venture VCT PLC  23 July 2024

         23 July 2024

Triple Point Venture VCT PLC

(the "Company")

RESULT OF ANNUAL GENERAL MEETING

The Board of Triple Point Venture VCT Plc announces that at the Company's
Annual General Meeting held today, all resolutions were passed on a show of
hands.

 

Resolutions 1 to 8 were proposed as ordinary resolutions and resolutions 9 to
12 were proposed as special resolutions. The proxy votes received prior to the
meeting were as follows:

 

 Resolution                                                                           Votes For  %       Votes Against  %     Total votes validly cast  Total votes cast as a % of issued share capital  Votes Withheld*
 1       To receive and adopt the Annual Report and accounts of the Company for the   1,813,245  100     0              0%    1,813,245                 2.5                                              0
         financial year ended 29 February 2024.

 2       To approve the Directors' Remuneration Report.                               1,754,432  98.01   35,594         1.99  1,790,026                 2.48                                             23,219

 3       To re-elect Jamie Brooke as a Director of the Company.                       1,798,409  99.83   3,036          0.17  1,801,445                 2.5                                              11,800

 4       To re-elect Julian Bartlett as a Director of the Company.                    1,798,409  99.83   3,036          0.17  1,801,445                 2.5                                              11,800

 5       To re-elect Sam Smith as a Director of the Company.                          1,798,823  100.00  0              0     1,798,823                 2.49                                             14,422

 6       To re-appoint BDO as Auditors of the Company and to authorise the Audit      1,806,858  99.65   6,387          0.35  1,813,245                 2.5                                              0
         Committee to determine the Auditors' remuneration

 7       To authorise the Directors to allot Venture shares.                          1,792,399  98.85   20,846         1.15  1,813,245                 2.5                                              0

 8       To authorise the Directors to allot additional Venture Shares in connection  1,813,245  100.00  0              0.00  1,813,245                 2.5                                              0
         with the Company's dividend reinvestment

         scheme (the "DRIS")
 9       To dis-apply statutory pre-emption rights.                                   1,775,290  98.84   20,846         1.16  1,796,136                 2.49                                             17,109

 10      To dis-apply pre-emption rights in connection with the DRIS.                 1,796,136  100.00  0              0     1,796,136                 2.49                                             17,109

 11      To authorise the Company to purchase its own shares.                         1,813,245  100.00  0              0     1,813,245                 2.5                                              0

 12      To authorise the calling of general meeting, other than an annual general    1,804,570  99.52   8,675          0.48  1,813,245                 2.5                                              0
         meeting, on not less than 14 clear days' notice.

 

*A vote 'Withheld' is not a vote in law and is not counted in the calculation
of the proportion of votes 'For' and 'Against' a resolution.

 

Every shareholder has one vote for every share held. As at 23 July 2024, the
issued share capital of the Company consisted 72,242,000 Venture Shares. The
Company does not hold any shares in Treasury. Therefore, the total number of
voting rights in the Company is 72,242,000.

 

The full text of all the resolutions can be found in the Notice of Annual
General Meeting dated 31 May 2024, a copy of which is available on the
Company's website at
https://www.triplepoint.co.uk/current-vcts/triple-point-venture-vct-plc/s2539/
(https://www.triplepoint.co.uk/current-vcts/triple-point-venture-vct-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
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism) .

FOR FURTHER INFORMATION ON THE COMPANY, PLEASE CONTACT:

    Triple Point Investment Management LLP    Tel: 020 7201 8989

    (Investment Manager)
    Ian McLennan

    Jack Rose

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-venture-vct-plc/s2539/
(https://www.triplepoint.co.uk/current-vcts/triple-point-venture-vct-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.

 

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