MIXT Matrix I&G3

 
TIDMMIXT 
 
MATRIX INCOME & GROWTH 3 VCT PLC 
 
Extraordinary General Meeting Results and Merger Update 
 
20 May 2010 
 
This announcement is made by Matrix Income & Growth VCT 3 plc ("the Company") 
in connection with the proposed merger of the Company with Matrix Income & 
Growth VCT plc ("VCT 1") ("Scheme") details of which were contained in the 
Company's circular to shareholders ("the Circular") dated 14 April 2010. 
 
The board of directors of the Company ("the Board") is pleased to announce that 
the resolution, to approve the Company into being placed in liquidation, 
appoint the liquidators and cancel the listing of the Company's shares, 
proposed at the extraordinary general meeting of the Company held today was 
duly passed. 
 
Details of the proxy votes received in respect of the resolution passed at the 
extraordinary general meeting are set out below: 
 
                         Votes                Percentage of Votes Cast (%) 
 
For                      1,113,293            (82.77%) 
 
Against                  5,100                (0.38%) 
 
Discretion               226,713              (16.85%) 
 
Withheld                 0                    - 
 
A copy of the resolution passed at the extraordinary general meeting will be 
submitted to the UK Listing Authority and will shortly be available for 
inspection at the UK Listing Authority's Document Viewing Facility, whose 
address is as set out at the bottom of this announcement. 
 
Accordingly, by way of implementation of the Scheme, the Company has been 
placed into members' voluntary liquidation and the assets and liabilities of 
the Company transferred to VCT 1 in consideration for the issue of new ordinary 
shares of 1 pence each in the capital of VCT 1 ("VCT 1 Shares"). The total 
number of VCT 1 Shares issued to the Company's shareholders was 20,572,129, at 
a deemed issue price of 83.89934982p per share. 
 
Application will shortly be made for all the VCT 1 Shares issued pursuant to 
the Scheme to be admitted to the Official List and to trading on the main 
market of the London Stock Exchange. It is expected that admission will become 
effective and that trading will commence 25 May 2010. 
 
As part of the Scheme, the suspension of the listing of the Company's shares 
took place at 7.30 am today and the cancellation of the Company's shares will 
take place from the commencement of trading on 21 May 2010. 
 
The UK Listing Authority's Document Viewing Facility, is situated at: 
 
Financial Services Authority 
 
25 The North Colonnade 
 
Canary Wharf 
 
London 
 
E14 5HS 
 
Telephone: 020 7066 1000 
 
For further enquiries please contact: 
 
Rob Brittain or Sarah Penfold 
 
Matrix Private Equity Partners LLP/Matrix-Securities Limited 
 
Company Secretary 
 
Telephone: 020 3206 7102 
 
 
 
 
END 
 

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