TIDMMAV4 TIDMTTM
RNS Number : 4485F
Maven Income & Growth VCT 4 PLC
17 May 2017
Maven Income and Growth VCT 4 PLC
Result of Annual General Meeting
At the Annual General Meeting of the Company held at 10.30 am at
Fifth Floor, 1-2 Royal Exchange Buildings, London, EC3V 3LF on 17
May 2017, all of the Resolutions put to the Meeting were duly
passed.
At the record date for the Annual General Meeting, being 15 May
2017, the total number of voting rights in the Company stood at
32,767,502 Ordinary Shares. 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 3,972,861 shares and that the number of proxy votes
lodged for each Resolution were as follows:
Resolutions For Discretion Against Withheld Total
--- ---------------------------- ---------- ----------- -------- --------- ----------
To receive the Annual
Report and audited
1 Financial Statements. 3,854,111 104,885 0 13,865 3,972,861
--- ---------------------------- ---------- ----------- -------- --------- ----------
To approve the Directors'
2 Remuneration Report. 2,873,170 97,294 959,122 43,275 3,972,861
--- ---------------------------- ---------- ----------- -------- --------- ----------
To approve the Directors'
3 Remuneration Policy. 3,331,703 108,526 487,511 45,121 3,972,861
--- ---------------------------- ---------- ----------- -------- --------- ----------
To approve a final
4 dividend. 3,863,639 104,762 4,460 0 3,972,861
--- ---------------------------- ---------- ----------- -------- --------- ----------
To re-elect Mr Cormack
5 as a Director. 3,658,262 116,948 167,229 30,422 3,972,861
--- ---------------------------- ---------- ----------- -------- --------- ----------
To re-elect Mr Graham-Wood
6 as a Director. 3,654,209 122,020 166,210 30,422 3,972,861
--- ---------------------------- ---------- ----------- -------- --------- ----------
To re-elect Mr Scott
7 as a Director. 3,734,401 132,901 75,137 30,422 3,972,861
--- ---------------------------- ---------- ----------- -------- --------- ----------
To re-elect Mr Nixon
8 as a Director. 3,718,182 151,281 77,744 25,654 3,972,861
--- ---------------------------- ---------- ----------- -------- --------- ----------
To re-appoint Deloitte
9 LLP as Auditor. 3,420,186 160,474 380,571 11,630 3,972,861
--- ---------------------------- ---------- ----------- -------- --------- ----------
To authorise the
Directors to fix
the remuneration
10 of the Auditor. 3,794,009 141,724 17,998 19,130 3,972,861
--- ---------------------------- ---------- ----------- -------- --------- ----------
To authorise the
Directors to allot
11 new shares. 3,787,895 131,600 22,735 30,631 3,972,861
--- ---------------------------- ---------- ----------- -------- --------- ----------
To authorise disapplication
12 of pre-emption rights. 3,627,875 131,600 125,146 88,240 3,972,861
--- ---------------------------- ---------- ----------- -------- --------- ----------
To authorise the
Company to purchase
13 its own shares. 2,985,482 124,556 846,392 16,431 3,972,861
--- ---------------------------- ---------- ----------- -------- --------- ----------
To allow a General
Meeting to be called
on not less than
14 14 days' notice. 3,446,170 387,084 117,313 22,294 3,972,861
--- ---------------------------- ---------- ----------- -------- --------- ----------
The Board notes that Resolution 2, an Ordinary Resolution
relating to the approval of the Directors' Remuneration Report, was
duly passed but recognises that a significant minority of
Shareholders have voted against the Resolution. It is intended that
the Remuneration Committee will give this due consideration in its
future deliberations
The Directors also note that Resolution 13, a Special Resolution
relating to the buying back of shares, was duly passed, but once
again recognise that a significant minority of Shareholders have
voted against the Resolution. It is intended that the Board will
consider the views expressed by Shareholders when it next seeks
such an authority.
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. These proxy voting figures will also be available to
view at: www.mavencp.com/migvct4.
Passing of Resolutions under Special Business
Copies of Resolutions passed under Special Business have 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
17 May 2017
This information is provided by RNS
The company news service from the London Stock Exchange
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