⌘K
t
| TIDM | MIG5 |
| Share Price | GBX 28.00-3.57% |
| Market Cap | £73.37m |
Maven Income and Growth VCT 5 PLC held a General Meeting on 13 November 2025, where four resolutions were passed in connection with an offer for subscription of new ordinary shares. These resolutions authorised directors to allot new shares, disapplied pre-emption rights, approved a reduction of the share premium account, and approved the cancellation of the capital redemption reserve. On the record date of 11 November 2025, the Company had 229,455,909 ordinary shares in issue, with valid proxy appointments made for 9,065,510 ordinary shares.
| Date | 13 Nov 2025 |
| Time | 15:45:38 |
| Category | AGMs and other meetings |
| ID | 4860H |
Maven Income and Growth VCT 5 PLC (the Company)
Result of General Meeting - 13 November 2025
This Announcement is made by the Company in connection with the offer for subscription (Offer) of new ordinary shares of 10p each in the capital of the Company (New Shares).
The Board is pleased to announce that, at the General Meeting of the Company held on 13 November 2025, the resolutions proposed, as set out in the Notice of General Meeting in the Circular to Shareholders dated 2 October 2025, were duly passed as follows:
Resolution 1 - to authorise the Directors to allot New Shares;
Resolution 2 - to authorise the disapplication of pre-emption rights;
Resolution 3 - to approve the reduction of the share premium account; and
Resolution 4 - to approve the cancellation of the capital redemption reserve.
At the record date for the General Meeting, being 11 November 2025, the total number of voting rights in the Company stood at 229,455,909 and the total number of ordinary shares in issue was 229,455,909.
The Company advises that, for the General Meeting, valid proxy appointments were made in respect of 9,065,510 ordinary shares and that the number of proxy votes lodged for each Resolution were as follows:
|
Resolution |
For |
Discretion |
Against |
Withheld |
Total |
|
1 |
8,518,156 |
115,393 |
431,961 |
- |
9,065,510 |
|
2 |
8,490,832 |
115,393 |
459,285 |
- |
9,065,510 |
|
3 |
8,605,794 |
115,393 |
334,323 |
10,000 |
9,065,510 |
|
4 |
8,564,755 |
130,675 |
330,801 |
39,279 |
9,065,510 |
A vote withheld is not a vote in law and any such votes have not been included in the votes for or against the respective Resolutions.
Passing of Resolutions
A copy of the Resolutions passed at the General Meeting held on 13 November 2025 has been submitted to the National Storage Mechanism and will shortly be available for inspection at:
https://www.fca.org.uk/markets/primary-markets/regulatory-disclosures/national-storage-mechanism
Issued on behalf of the Board
Maven Capital Partners UK LLP
Secretary
13 November 2025