22 March 2024
Triple Point Energy Transition plc
("TENT" or the "Company")
Result of General Meeting
Triple Point Energy Transition plc (ticker: TENT), is pleased to announce that at the Company's General Meeting held on 22 March 2024, all resolutions were voted on by way of a poll and were passed by shareholders.
All resolutions were proposed as ordinary resolutions and the results of the poll are set out below.
| Resolution | Votes For | % | Votes Against | % | Total votes validly cast | Total votes cast as % of issued share capital | Votes Withheld* | |
| 1 | To adopt the proposed new investment objectives and policy as described in Parts I and II of the Circular to Shareholders dated 5 March 2024 | 69,790,101 | 99.85% | 106,630 | 0.15% | 69,896,731 | 69.89% | 0 |
| 2 | To approve the Field sale on the terms summarised in Part I of the Circular | 69,279,532 | 99.85% | 103,794 | 0.15% | 69,383,326 | 69.37% | 0 |
| 3 | To approve, subject to the passing of Resolution 1, the LED Facility Sale on the terms summarised in Part I of the Circular | 69,239,532 | 99.85% | 103,794 | 0.15% | 69,343,326 | 69.33% | 0 |
| 4 | To approve, subject to the passing of Resolution 1, the IMA Amendment on the terms summarised in Part I of the Circular | 69,145,270 | 99.72% | 197,325 | 0.28% | 69,342,595 | 69.33% | 731 |
*A vote withheld is not a vote in law and is not counted in the calculation of the votes for or against a resolution.
Every shareholder has one vote for every Ordinary Share held. As at 22 March 2024, the issued share capital of the Company consisted of 100,014,079 Ordinary Shares. The Company holds no Ordinary Shares in treasury. Therefore, the total voting number of voting rights in the Company is 100,014,079 Ordinary Shares.
The full text of all the resolutions can be found in the Notice of General Meeting dated 5 March 2024, a copy of which is available on the Company's website at Triple Point | Triple Point Energy Transition plc (tpenergytransition.com).
In accordance with Listing Rule 9.6.2 copies of all the resolutions passed, other than 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.
For further information, please contact:
| Triple Point Investment Management LLP Jonathan Hick Christophe Arnoult
| +44 (0) 20 7201 8989 | |
| J.P. Morgan Cazenove (Corporate Broker and Sponsor) William Simmonds Jérémie Birnbaum
| +44 (0) 20 3493 8000 | |
| Akur Limited (Financial Adviser) Tom Frost Siobhan Sergeant
| +44 (0) 20 7493 3631 | |
| +44 (0) 20 7466 5111 |
LEI: 213800UDP142E67X9X28
Further information on the Company can be found on its website: www.tpenergytransition.com
NOTES:
The Company is an investment trust which was established to invest in assets that support the transition to a lower carbon, more efficient energy system and help the UK achieve Net Zero.
The Investment Manager is Triple Point Investment Management LLP ("Triple Point") which is authorised and regulated by the Financial Conduct Authority. Triple Point manages private, institutional, and public capital, and has a proven track record of investment in energy transition and decentralised energy projects.
On 22 March 2024, shareholders approved the Company's proposed orderly realisation of assets. Details of future divestments or returns of capital are expected to be announced via a Regulatory Information Service in due course.
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