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 | |
| 1 | To Receive the Report and Accounts for the year ended 31 March 2023 | 99.67% | 0.33% |
| 2 | To approve the Directors’ remuneration policy | 96.90% | 3.10% |
| 3 | To approve the Directors’ remuneration report for the year ended 31 March 2023 | 95.99% | 4.01% |
| 4 | To re-elect Richard Glover as a Director of the Company | 97.24% | 2.76% |
| 5 | To re-elect Ann Berresford as a Director of the Company | 97.55% | 2.45% |
| 6 | To re-elect Richard Wilson as a Director of the 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% |
| 9 | To authorise the Directors to agree the Auditor’s 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 pre-emption rights | 95.90% | 4.10% |
| 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
