6th Sep 2005 14:00
Murray VCT 3 PLC06 September 2005 6 September 2005 Murray VCT 3 PLC ("the Company")Results of Extraordinary General Meeting and Annual General Meeting At an Extraordinary General Meeting of the Company ("EGM") held this afternoon,resolutions put forward by Mr Charles Clark to remove all the existing directorsof the Company and to replace them with his proposed directors were defeated. The votes received were cast as follows on the main resolutions affecting boardappointments at the Extraordinary General Meeting: For Against (No of shares) (%) (No of shares) (%)Appointment of Charles Taylor 5,480,741 28.16 13,981,496 71.84Appointment of Ian Gray 5,454,437 28.03 14,007,800 71.97Appointment of Derek Soper 5,431,220 27.91 14,031,017 72.09Removal of Andrew Cubie 5,536,723 28.45 13,925,514 71.55Removal of James Cooper 5,551,437 28.52 13,910,830 71.48Removal of Alexander Mair 5,556,723 28.55 13,905,514 71.45Removal of Peter Timms 5,581,836 28.70 13,865,401 71.3 At the Annual General Meeting of the Company ("AGM"), which followed the EGM,the same resolutions put forward by Mr Clark were also defeated. The normalbusiness of the meeting was approved. The votes received were cast as follows on the main resolutions affecting boardappointments and re-election of Peter Timms at the Annual General Meeting: For Against (No of shares) (%) (No of shares) (%)Appointment of Charles Taylor 5,290,160 26.81 14,441,077 73.19Appointment of Ian Gray 5,269,856 27.49 13,897,387 72.51Appointment of Derek Soper 5,253,247 27.41 13,913,996 72.59Removal of Andrew Cubie 5,338,212 27.85 13,829,031 72.15Removal of James Cooper 5,363,883 27.98 13,803,387 72.02Removal of Alexander Mair 5,361,212 27.97 13,805,731 72.03Removal of Peter Timms 5,393,533 28.16 13,758,710 71.84Re-election of Peter Timms 15,462,683 81.41 3,530,554 18.59 The Board would like to thank shareholders for their support for the future ofthe Company under CVM's management. The Board and CVM look forward toprogressing with the merger proposals and improving the performance of theCompany's portfolio over time. The Board, save for Andrew Cubie, expects tostand down in the near future following shareholders consideration of theproposed merger of Murray VCT 3 with Murray VCT and Murray VCT 2. Media Enquiries Derek Douglas 07730 415 092Beattie Communications This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Albion Crown