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Calculus VCT PLC announced that all resolutions were passed on a show of hands at its Annual General Meeting held on 21 August 2023. On the same day, a General Meeting approved a resolution for new performance incentive arrangements, which passed on a show of hands and received 82.1% of proxy votes (for or at Chairman's discretion).
| Date | 21 Aug 2023 |
| Time | 15:25:27 |
| Category | AGMs and other meetings |
| ID | 9697J |
21 August 2023
CALCULUS VCT PLC
RESULTS OF ANNUAL GENERAL MEETING AND GENERAL MEETING
Annual General Meeting
The Company is pleased to announce that at the Annual General Meeting held today all resolutions were passed on a show of hands, including the following resolutions 12 to 15:
Resolution 12 (special resolution): To authorise the Directors to allot shares for cash pursuant to Sections 570 of the Companies Act 2006
Resolution 13 (special resolution): To authorise the Directors to make market purchases of the Company's own shares.
Resolution 14 (special resolution): To hold general meetings (other than annual general meetings) on 14 clear days' notice.
Resolution 15 (special resolution): To authorize the Directors to apply for the share premium and capital redemption reserve accounts to be cancelled.
The proxy votes received on each resolution were as follows:
|
|
For |
At the Chairman's Discretion |
Against |
Withheld |
|
Resolution 1 |
3,169,679 |
98,149 |
0 |
0 |
|
Resolution 2 |
2,918,277 |
123,813 |
225,738 |
0 |
|
Resolution 3 |
2,831,205 |
123,813 |
298,887 |
13,923 |
|
Resolution 4 |
3,169,679 |
98,149 |
0 |
0 |
|
Resolution 5 |
2,950,549 |
121,749 |
55,673 |
139,857 |
|
Resolution 6 |
2,847,884 |
96,085 |
6,423 |
317,436 |
|
Resolution 7 |
2,840,214 |
96,085 |
6,423 |
325,106 |
|
Resolution 8 |
2,782,841 |
110,760 |
52,833 |
325,106 |
|
Resolution 9 |
2,983,549 |
160,699 |
65,193 |
58,387 |
|
Resolution 10 |
3,138,715 |
129,113 |
0 |
0 |
|
Resolution 11 |
2,722,427 |
129,113 |
293,086 |
123,202 |
|
Resolution 12 |
2,541,960 |
131,229 |
311,769 |
282,870 |
|
Resolution 13 |
2,955,764 |
129,113 |
73,985 |
108,966 |
|
Resolution 14 |
2,991,326 |
129,113 |
93,685 |
53,704 |
|
Resolution 15 |
2,612,009 |
129,113 |
243,836 |
282,870 |
A copy of the full text of Resolutions 12 to 15 is available for inspection in the Report and Accounts to 28 February 2023 which was previously submitted to the National Storage Mechanism https://data.fca.org.uk/#/nsm/nationalstoragemechanism
General Meeting
The Company is also pleased to announce that at the General Meeting held today the resolution for the approval of the new performance incentive arrangements as set out in the Circular and Notice of General Meeting dated 17 July 2023 was passed on a show of hands.
The resolution was also passed with 82.1% of proxy votes received either for the resolution or at the Chairman's discretion:
|
|
For |
At the Chairman's Discretion |
Against |
Withheld |
|
Resolution 1 |
2,575,303 |
50,230 |
570,777 |
99,721 |
A copy of the resolution is available for inspection in the Circular, which was previously submitted to National Storage Mechanism https://data.fca.org.uk/#/nsm/nationalstoragemechanism
The Circular and the voting results are also available on the Company's website at https://calculuscapital.com/investment-opportunities/calculus-vct/investor-information/.
Calculus Capital Limited
Company Secretary