t
| Date | 23 May 2024 |
| Time | 07:00:04 |
| Category | AGMs and other meetings |
| ID | 5359P |
23 May 2024
VH GLOBAL SUSTAINABLE ENERGY OPPORTUNITIES plc
("VH GSEO" or the "Company")
RESULT OF ANNUAL GENERAL MEETING
Following the Annual General Meeting ("AGM") of the Company held on 22 May 2024, the Board is pleased to announce that all the ordinary resolutions and special resolutions, as set out in the Notice of AGM to shareholders dated 4 April 2024, were approved by shareholders. The resolutions put to the AGM were voted on by way of a poll.
The text of all the resolutions is contained in the Notice of AGM.
The results of the poll were as follows:
|
Resolution
|
In favour
|
Against |
Withheld |
||
|
|
Votes |
% |
Votes |
% |
|
|
1. To receive the 2023 Annual Report and Financial Statements |
278,580,701 |
99.98% |
50,500 |
0.02% |
14,076 |
|
2. To approve the Directors' Remuneration Report |
276,431,586 |
99.21% |
2,212,215 |
0.79% |
1,476 |
|
3. To approve the dividend policy |
278,502,509 |
99.95% |
141,292 |
0.05% |
1,476 |
|
4. To re-elect Bernard Bulkin |
278,553,502 |
99.97% |
78,149 |
0.03% |
13,626 |
|
5. To re-elect Daniella Carneiro |
278,545,820 |
99.97% |
85,831 |
0.03% |
13,626 |
|
6. To re-elect Richard Horlick |
278,534,722 |
99.97% |
96,682 |
0.03% |
13,873 |
|
7. To re-elect Louise Kingham |
278,554,820 |
99.97% |
76,831 |
0.03% |
13,626 |
|
8. To re-elect Margaret Stephens |
278,546,067 |
99.97% |
85,584 |
0.03% |
13,626 |
|
9. To re-appoint BDO LLP as Auditor |
278,566,845 |
99.98% |
64,356 |
0.02% |
14,076 |
|
10. To authorise the Audit Committee to determine Auditor's remuneration |
278,567,742 |
99.98% |
65,459 |
0.02% |
12,076 |
|
11. Authority to allot shares |
278,406,510 |
99.92% |
230,524 |
0.08% |
8,243 |
|
12. Additional authority to allot shares |
278,406,510 |
99.92% |
230,524 |
0.08% |
8,243 |
|
13. Authority to disapply pre-emption rights |
278,292,833 |
99.87% |
350,968 |
0.13% |
1,476 |
|
14. Additional authority to disapply pre-emption rights |
278,290,683 |
99.87% |
353,118 |
0.13% |
1,476 |
|
15. Authority to purchase own ordinary shares |
278,568,810 |
99.97% |
74,991 |
0.03% |
1,476 |
|
16. Period of notice for general meetings |
278,214,432 |
99.85% |
426,321 |
0.15% |
4,524 |
At the time of the AGM, the Company's issued share capital consisted of 422,498,890 ordinary shares of £0.01 nominal value each, carrying one vote each. The Company holds 407,228,422 shares in treasury. Therefore, the total number of voting rights in the Company was 15,270,468.
In accordance with Listing Rule 9.6.2, copies of the resolutions passed at the AGM, other than resolutions concerning ordinary business, will be submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
The Company's LEI is 213800RFHAOF372UU580.
For further information, please contact:
Edelman Smithfield (PR Adviser)
Ged Brumby +44 (0)7540 412 301
Hamza Ali +44 (0)7976 308 914
Victory Hill Capital Partners LLP (Investment Manager)
Navin Chauhan [email protected]
Deutsche Numis (Corporate Broker)
David Benda +44 (0)20 7260 1000
Matt Goss
Apex Fund and Corporate Services (UK) Limited (Company Secretary)
For more information, please visit the Company's website: www.vh-gseo.com
About Victory Hill Capital Partners LLP
Victory Hill Capital Partners LLP ("Victory Hill") is authorised and regulated by the Financial Conduct Authority (FRN 961570).
Victory Hill is based in London and was founded in May 2020 by an experienced team of energy financiers that have spun-out of a large established global project finance banking group. The team has participated in more than $200bn in transaction values across 91 conventional and renewable energy-related transactions in over 30 jurisdictions worldwide. Victory Hill is the investment manager of the Company.
The Victory Hill team deploys its experience across different financial disciplines in order to assess investments holistically from multiple points of view. The firm pursues operational stability and well-designed corporate governance to generate sustainable positive returns for investors. It focuses on supporting and accelerating the energy transition and the attainment of the UN Sustainable Development Goals.
Victory Hill is a signatory of the United Nations Principles for Responsible Investing (UN PRI), the United Nations Global Compact (UN GC), Net Zero Asset Managers Initiative (NZAMI), a member of the Global Impact Investing Network (GIIN) and is a formal supporter of the Financial Stability Board's Task-Force on Climate-related Disclosures (TCFD).