AGM Statement
Updated : 17:00
This regulatory news is for Private Investors only
ALBION VENTURE CAPITAL TRUST PLC
LEI CODE 213800JKELS32V2OK421
At an Annual General Meeting of Albion Venture Capital Trust PLC, duly convened and held at 1 Benjamin Street, London EC1M 5QL on 19 August 2020, the following resolutions were passed:
| Votes For (and at the Chairman’s discretion) | Against | ||
| No | Description | % Votes Cast | |
| 1 | To receive and adopt the Company’s accounts for the year ended 31 March 2020 | 97.63% | 2.37% |
| 2 | To approve the Directors’ remuneration policy | 94.97% | 5.03% |
| 3 | To approve the Directors’ remuneration report | 94.24% | 5.76% |
| 4 | To re-elect Richard Glover as a Director of the Company | 91.19% | 8.81% |
| 5 | To re-elect John Kerr as a Director of the Company | 89.34% | 10.66% |
| 6 | To re-elect Ann Berresford as a Director of the Company | 93.89% | 6.11% |
| 7 | To elect Richard Wilson as a Director of the Company | 96.84% | 3.16% |
| 8 | To re-appoint BDO LLP as Auditor of the Company | 97.29% | 2.71% |
| 9 | To authorise the Directors to agree the Auditor’s remuneration | 98.15% | 1.85% |
| 10 | Authority to allot shares | 96.64% | 3.36% |
| 11 | Authority for the disapplication of pre-emption rights | 89.52% | 10.48% |
| 12 | Authority to purchase own shares | 96.27% | 3.73% |
| 13 | Amendments to the Articles of Association | 92.75% | 7.25% |
Resolution numbers 1 to 10 were passed as Ordinary resolutions, and resolution numbers 11 to 13 were passed as Special resolutions.
Answers to the questions received from shareholders and a recording of the AGM, including a presentation by the Manager, will be available on the Albion Capital website at www.albion.capital/funds/AAVC.
19 August 2020
For further information please contact:
Albion Capital Group LLP
Tel: 0207 601 1850