AAVC Albion Venture Capital Trust Plc

 
TIDMAAVC 
 

ALBION VENTURE CAPITAL TRUST PLC

AGM STATEMENT

LEI Code 213800JKELS32V2OK421

At an Annual General Meeting ("AGM") of Albion Venture Capital Trust PLC, duly convened and held virtually at noon on 7 September 2023 at the registered office of the Company at 1 Benjamin Street, London, EC1M 5QL, the following resolutions as set out in the notice of the AGM were passed by way of a poll, and the table below shows the result of the votes cast on each resolution:

 
                                                           Votes For (or at the 
                                                                Chairman's 
                                                                discretion)       Against 
                                                           ---------------------  ------- 
No                       Description                                % Votes Cast 
    -----------------------------------------------------  ------------------------------ 
    To Receive the Report and Accounts for the year ended 
 1   31 March 2023                                                99.67%           0.33% 
    -----------------------------------------------------  ---------------------  ------- 
 2  To approve the Directors' remuneration policy                 96.90%           3.10% 
    -----------------------------------------------------  ---------------------  ------- 
    To approve the Directors' remuneration report for 
 3   the year ended 31 March 2023                                 95.99%           4.01% 
    -----------------------------------------------------  ---------------------  ------- 
    To re-elect Richard Glover as a Director of the 
 4  Company                                                       97.24%           2.76% 
    -----------------------------------------------------  ---------------------  ------- 
    To re-elect Ann Berresford as a Director of the 
 5  Company                                                       97.55%           2.45% 
    -----------------------------------------------------  ---------------------  ------- 
    To re-elect Richard Wilson as a Director of the 
 6  Company                                                       98.73%           1.27% 
    -----------------------------------------------------  ---------------------  ------- 
 7  To elect Neeta Patel as a Director of the Company             98.52%           1.48% 
    -----------------------------------------------------  ---------------------  ------- 
 8  To re-appoint BDO LLP as Auditor of the Company               97.63%           2.37% 
    -----------------------------------------------------  ---------------------  ------- 
    To authorise the Directors to agree the Auditor's 
 9   remuneration                                                 98.83%           1.17% 
    -----------------------------------------------------  ---------------------  ------- 
10  To approve the authority to allot shares                      99.11%           0.89% 
    -----------------------------------------------------  ---------------------  ------- 
11  To approve the authority for the disapplication of            95.90%           4.10% 
     pre-emption rights 
    -----------------------------------------------------  ---------------------  ------- 
12  To approve the authority to purchase own shares               98.95%           1.05% 
    -----------------------------------------------------  ---------------------  ------- 
 

Resolution numbers 1 to 10 were passed as Ordinary resolutions, and resolution numbers 11 and 12 were passed as Special resolutions.

A recording of the AGM, including a presentation by the Manager, will be available on the Albion Capital website at www.albion.capital/funds/AAVC.

8 September 2023

For further information please contact:

Vikash Hansrani

Operations Partner

Albion Capital Group LLP

Telephone: 020 7601 1850

(END) Dow Jones Newswires

September 08, 2023 07:21 ET (11:21 GMT)

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