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 financial year ended 29
February 2024.
|
1,813,245
|
100
|
0
|
0%
|
1,813,245
|
2.5
|
0
|
|
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 Committee to determine the
Auditors' remuneration
|
1,806,858
|
99.65
|
6,387
|
0.35
|
1,813,245
|
2.5
|
0
|
|
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 with the Company's dividend
reinvestment
scheme (the "DRIS")
|
1,813,245
|
100.00
|
0
|
0.00
|
1,813,245
|
2.5
|
0
|
|
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 meeting, on not less than 14
clear days' notice.
|
1,804,570
|
99.52
|
8,675
|
0.48
|
1,813,245
|
2.5
|
0
|
*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/
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.
FOR FURTHER INFORMATION ON THE
COMPANY, PLEASE CONTACT:
|
Triple Point Investment
Management LLP
(Investment
Manager)
|
Tel: 020 7201 8989
|
|
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/
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.