VPC Specialty Lending Invest. PLC Result of AGM
June 12 2024 - 12:21PM
RNS Regulatory News
RNS Number : 2208S
VPC Specialty Lending Invest. PLC
12 June 2024
VPC Specialty Lending
Investments plc
(the
"Company")
12 June
2024
Annual General Meeting
Results
The Company announces that at its
Annual General Meeting ("AGM") held today all of resolutions set
out in the Notice of AGM were passed by the requisite majority.
Each resolution put to the AGM was voted on by way of a poll. The
results of the poll for each resolution were as follows:
Resolution
|
For
(No. of
shares)
|
For
(%)
|
Against
(No. of
shares)
|
Against
(%)
|
Votes
Withheld
(No. of
shares)
|
Total
Share Capital Voted (%)
|
1. To receive the Annual
Report and Accounts
|
191,423,979
|
99.88%
|
223,017
|
0.12%
|
21,146
|
68.87%
|
2. To approve the
Directors' Remuneration Report
|
191,057,279
|
99.72%
|
538,144
|
0.28%
|
72,719
|
68.85%
|
3. To approve the
Dividend Policy
|
191,490,486
|
99.92%
|
156,510
|
0.08%
|
21,146
|
68.87%
|
4. To re-elect Graeme
Proudfoot as a Director
|
159,826,069
|
83.43%
|
31,749,531
|
16.57%
|
92,542
|
68.84%
|
5. To re-elect Oliver
Grundy as a Director
|
176,587,606
|
92.18%
|
14,987,995
|
7.82%
|
92,541
|
68.84%
|
6. To re-elect Mark
Katzenellenbogen as a Director
|
159,362,170
|
83.20%
|
32,174,216
|
16.80%
|
131,756
|
68.83%
|
7. To re-appoint
PricewaterhouseCoopers LLP as auditors of the Company
|
191,469,910
|
99.92%
|
150,665
|
0.08%
|
47,567
|
68.86%
|
8. To authorise the
Audit and Valuation Committee to determine the auditors'
remuneration
|
191,509,836
|
99.94%
|
121,954
|
0.06%
|
36,352
|
68.86%
|
9. To authorise the
Directors to allot ordinary shares
|
152,916,867
|
79.80%
|
38,708,073
|
20.20%
|
43,202
|
68.86%
|
10. To authorise the Directors to
allot and issue B shares
|
187,768,493
|
97.99%
|
3,854,804
|
2.01%
|
44,845
|
68.86%
|
11. To dis-apply pre-emption
rights.*
|
146,701,467
|
76.56%
|
44,903,403
|
23.44%
|
63,272
|
68.85%
|
12. To authorise the Company to make
market purchases of its own ordinary shares.*
|
158,857,076
|
82.89%
|
32,793,443
|
17.11%
|
17,623
|
68.87%
|
13. To authorise the Directors to
hold general meetings on not less than 14 clear days'
notice.*
|
187,360,928
|
97.76%
|
4,289,592
|
2.24%
|
17,622
|
68.87%
|
*Special Resolution
The Board will engage with those shareholders that voted against
Resolutions 9 and 11 in order to understand their
concerns. The Board will update
shareholders on the outcome of these discussions.
NOTES:
|
|
1.
|
All resolutions were
passed.
|
2.
|
Proxy appointments which gave
discretion to the Chairman of the AGM have been included in the
"For" total for the appropriate resolution.
|
3.
|
Votes "For" and "Against" any
resolution are expressed as a percentage of votes validly cast for
that resolution.
|
4.
|
A "Vote withheld" is not a vote in
law and is not counted in the calculation of the percentage of
shares voted "For" or "Against" any resolution nor in the
calculation of the proportion of "Total issued share capital
instructed" for any resolution.
|
5.
|
The number of shares in issue at
close of business on 12 June 2024 was 278,276,392 (the "Share
Capital") and at that time, the Company held 104,339,273 shares in
treasury.
|
6.
|
The proportion of "Total issued
share capital instructed" for any resolution is the total of votes
validly cast for that resolution (i.e. the total votes "For" and
"Against" that resolution) expressed as a percentage of the Share
Capital.
|
7.
|
The full text of the resolutions
passed at the AGM can be found in the Notice of Annual General
Meeting which is available on the Company's website at
www.vpcspecialtylending.com.
|
8.
|
A copy of resolutions 11-13 passed
at the AGM will shortly be submitted to the National Storage
Mechanism and will be available for inspection at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
|
9.
|
The complete poll results will be
available shortly on the Company's website at
www.vpcspecialtylending.com
|
Link Company Matters
Limited
Secretary
LEI: 549300UPEXC5DQB81P34
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