19 March 2024
GRESHAM HOUSE RENEWABLE ENERGY VCT 1 PLC
(the "Company")
Result of 2024 AGM and Update
on Sale Process
Gresham House Renewable Energy VCT 1
plc, announces that at the Company's Annual General Meeting held
today, all resolutions were passed by way of a poll and the results
of the poll, including the proxy votes received, are set out
below.
Resolutions 1 to 4 (inclusive) were
proposed as ordinary resolutions and resolution 5 was proposed as a
special resolution.
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.
|
|
Resolution
|
Votes For*
|
%
|
Votes Against
|
%
|
Total votes validly cast
|
Total votes cast as % of issued
share capital
|
Vote Withheld **
|
|
1.
|
Receive annual accounts for year
ended 30 September 2023.
|
4,533,848
|
100
|
0
|
0
|
4,533,848
|
0.02
|
19,785
|
|
2.
|
Receive and approve the Directors'
Remuneration Report.
|
4,533,848
|
100
|
0
|
0
|
4,533,848
|
0.02
|
19,785
|
|
3.
|
Re-appoint BDO LLP as the Company's
auditor.
|
4,533,848
|
100
|
0
|
0
|
4,533,848
|
0.02
|
19,785
|
|
4.
|
Authorise the Directors to determine
the auditor's remuneration.
|
4,533,848
|
100
|
0
|
0
|
4,533,848
|
0.02
|
19,785
|
|
5.
|
To allow the Company to hold general
meetings on 14 days' notice.
|
4,523,498
|
99.77
|
10,350
|
0.23
|
4,533,848
|
0.02
|
19,785
|
* Includes discretionary
votes
** A vote withheld is not a vote in
law and is not counted in the calculation of the votes for or
against a resolution.
Update on Sale
Process
By way of update and in accordance
with the shareholder vote held on 13 July 2021 to enter a Managed
Wind-Down of the Company (as defined and described in the circular
to Shareholders dated 17 June 2021), the Board and its advisers are
continuing discussions with potential purchasers of the remaining
solar assets.
END
For
further information, please contact:
LEI: 213800IVQHJXUQBAAC06
Notes:
As at close of business on 18 March
2024, the Company's issued share capital comprised 25,515,242
Ordinary Shares and 38, 512, 032 'A' Shares, excluding shares held
in treasury, and the total number of voting rights in the Company
were 25,553,754,032, being 25,515,242,000 votes attributable to
Ordinary Shares and 38,512,032 rights attributable to "A"
Shares.
