2nd Jun 2011 14:45
Maven Income and Growth VCT 2 PLC - Result of Annual General Meeting
At the Annual General Meeting of the Company held in 9-13 St. Andrew Street, London, EC4A 3 AF on Thursday, 2 June 2011 at 10.30 a.m., all of the Resolutions put to the Meeting were passed.
At the record date for the Annual General Meeting, being 31 May 2011, the total number of voting rights in the Company stood at 25,079,282 and the total shares in issue were 25,079,282. In accordance with the provisions of D.2.2 of the Combined Code on Corporate Governance, the Company advises that for the Annual General Meeting, valid proxy appointments were made in respect of 2,427,205 shares and that the number of proxy votes lodged for each Resolution were as follows:
Resolutions | For | Discretion | Against | Withheld | Total | |
1 | To receive the Directors' Report and Financial Statements | 2,199,600 | 220,630 | - | 6,975 | 2,427,205 |
2 | To approve the Directors' Remuneration Report | 2,046,674 | 252,131 | 88,822 | 39,578 | 2,427,205 |
3 | To declare a final dividend | 2,185,587 | 238,618 | - | 3,000 | 2,427,205 |
4 | To re-elect The Hon R D Kissin as a Director | 2,080,740 | 227,885 | 60,595 | 57,985 | 2,427,205 |
5 | To re-elect Mr A D MacLellan as a Director | 2,109,498 | 227,885 | 51,083 | 38,739 | 2,427,205 |
6 | To re-elect Mr W R Nixon as a Director | 2,107,653 | 227,885 | 39,860 | 51,807 | 2,427,205 |
7 | To re-appoint Deloitte LLP as Auditors | 2,139,415 | 233,885 | 32,277 | 21,628 | 2,427,205 |
8 | To authorise the Directors to fix the remuneration of the Auditors | 2,064,584 | 331,885 | 18,736 | 12,000 | 2,427,205 |
9 | That the Company be continued as a venture capital trust. | 2,044,420 | 309,630 | 70,155 | 3,000 | 2,427,205 |
10 | To renew the Company's authority to allot shares | 1,877,380 | 331,885 | 159,148 | 58,792 | 2,427,205 |
11 | To authorise the Directors to disapply pre-emption rights | 1,737,955 | 420,681 | 206,401 | 62,168 | 2,427,205 |
12 | To renew the Company's authority to purchase its own shares | 1,729,490 | 410,380 | 280,226 | 7,109 | 2,427,205 |
13 | To amend the notice period for a General Meeting to be called. | 1,823,705 | 424,744 | 175,618 | 3,138 | 2,427,205 |
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.
Passing of Resolutions under Special Business
The Special Resolutions have been submitted to the National Storage Mechanism and will shortly be available for inspection at: www.//hemscott.com/nsm.do.
The voting figures will be available to view at: www.mavencp.com/migvct2.
Issued on behalf of the Board
Maven Capital Partners UK LLP
Secretary
2 June 2011
Related Shares:
Maven Income and Growth VCT 2