27 August 2024
Triple Point Energy Transition plc
("TENT" or the "Company" or together with its subsidiaries, the "Group")
Result of AGM
Triple Point Energy Transition plc (ticker: TENT) is pleased to announce that at the Company's Annual General Meeting held on 27 August 2024, all resolutions were voted on by way of a poll and were passed by shareholders.
Resolutions 1 to 10 were proposed as ordinary resolutions and resolutions 11 and 12 were proposed as special resolutions. 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 receive and adopt the Annual Report and accounts of the Company for the year ended 31 March 2024 | 32,603,337 | 100 | 0 | 0.00 | 32,603,337 | 32.60 | 7,230 |
| 2 | To approve the Directors' Remuneration Report | 32,468,438 | 99.61 | 128,554 | 0.39 | 32,596,992 | 32.59 | 13,575 |
| 3 | To approve the Directors' Remuneration Policy | 32,454,181 | 99.56 | 142,811 | 0.44 | 32,596,992 | 32.59 | 13,575 |
| 4 | To re-elect Dr John Roberts CBE as a Director of the Company | 32,538,095 | 99.82 | 59,000 | 0.18 | 32,597,095 | 32.59 | 13,472 |
| 5 | To re-elect Rosemary Boot as a Director of the Company | 32,541,059 | 99.83 | 56,036 | 0.17 | 32,597,095 | 32.59 | 13,472 |
| 6 | To re-elect Sonia McCorquodale as a Director of the Company | 32,489,059 | 99.65 | 114,278 | 0.35 | 32,603,337 | 32.60 | 7,230 |
| 7 | To re-elect Dr Anthony White MBE as a Director of the Company | 32,538,095 | 99.82 | 59,000 | 0.18 | 32,597,095 | 32.59 | 13,472 |
| 8 | To re-appoint BDO LLP as Auditors of the Company | 32,530,484 | 99.78 | 72,853 | 0.22 | 32,603,337 | 32.60 | 7,230 |
| 9 | To authorise the Audit Committee to determine the Auditors' remuneration | 32,543,448 | 99.82 | 59,889 | 0.18 | 32,603,337 | 32.60 | 7,230 |
| 10 | To authorise the Directors to declare and pay all dividends of the Company as interim dividends | 32,610,567 | 100.00 | 0 | 0.00 | 32,610,567 | 32.61 | 0 |
| 11 | To authorise the Company to purchase its own shares | 32,594,581 | 99.95 | 15,986 | 0.05 | 32,610,567 | 32.61 | 0 |
| 12 | To authorise the calling of general meetings, other than an annual general meeting, on not less than 14 clear days' notice | 32,591,970 | 99.94 | 18,597 | 0.06 | 32,610,567 | 32.61 | 0 |
*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 27 August 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 Annual General Meeting dated 28 June 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 6.4.2 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 Chloe Smith
| +44 (0) 20 7201 8989 |
| J.P. Morgan Cazenove (Corporate Broker) William Simmonds Jérémie Birnbaum
| +44 (0) 20 3493 8000 |
| Akur Limited (Financial Adviser) Tom Frost Siobhan Sergeant
| +44 (0) 20 7493 3631 |
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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