11th Apr 2012 17:06
Baronsmead VCT 3 plc (the "Company") Result of AGM
The Company announces that all of the resolutions put to the shareholders at the Company's Annual General Meeting held at the London Stock Exchange, 10 Paternoster Square, London on 11 April 2012 were duly passed.
Resolutions 1 to 8 were passed as Ordinary Resolutions and Resolutions 9 to 11 were passed as Special Resolutions. The resolutions are set out below:
Resolution 1: To receive the Report and Financial Statements for the year ended 31 December 2011.
Resolution 2: To approve the Directors' Remuneration Report for the year ended 31 December 2011.
Resolution 3: To re-elect Mr A Townsend as a director of the Company.
Resolution 4: To re-elect Mr A Karney as a director of the Company.
Resolution 5: To re-elect Mrs G Nott as a director of the Company.
Resolution 6: To re-appoint KPMG Audit Plc as the independent auditors.
Resolution 7: To authorise the directors to determine the remuneration of the auditors.
Resolution 8: To extend the authority to allot shares in accordance with statutory pre-emption rights pursuant to section 551 of the Companies Act 2006.
Resolution 9: To empower the directors to allot shares pursuant to section 570 and 573 of the Companies Act 2006.
Resolution 10: To extend the authority to make market purchases of the Company's shares pursuant to section 693 (4) of the Companies Act 2006.
Resolution 11: To authorise the directors to hold general meetings on 14 clear days notice.
A notice of the resolutions passed will shortly be available via the National Storage Mechanism, which is located at http://www.hemscott.com/nsm.do
For further information please contact Michael Probin, VCT Investor Relations
ISIS EP LLP Tel: 0207 506 5796
XLONRelated Shares:
Baronsmead 2vt