Maven Income and Growth VCT 5 PLC (the Company) - Result of Annual General Meeting
At the 2023 Annual General Meeting of the Company held at the offices of Maven Capital Partners UK LLP, Kintyre House, 205 West George Street, Glasgow G2 2LW on Tuesday, 25 April 2023 at 11.30am, all of the Resolutions put to the Meeting were duly passed.
At the record date for the Annual General Meeting, being 21 April 2023, the total number of voting rights in the Company stood at 193,237,029 and the total number of shares in issue were 193,237,029. The Company advises that for the Annual General Meeting, valid proxy appointments were made in respect of 10,411,447 shares and that the number of proxy votes lodged for each Resolution were as follows:
|
| Resolutions | For | Discretion | Against | Withheld | Total |
| 1 | To receive the Annual Report and audited Financial Statements | 9,774,226 | 580,906 | 47,393 | 8,922 | 10,411,447 |
| 2 | To approve the Directors' Remuneration Report | 9,432,566 | 607,288 | 233,689 | 137,904 | 10,411,447 |
| 3 | To approve the Directors' Remuneration Policy | 9,091,568 | 649,083 | 254,347 | 416,449 | 10,411,447 |
| 4 | To approve a final dividend | 9,811,874 | 595,570 | 4,003 | 0 | 10,411,447 |
| 5 | To re-elect Mr G Miller as a Director | 9,632,962 | 600,894 | 175,312 | 2,279 | 10,411,447 |
| 6 | To re-elect Mr G Humphries as a Director | 9,586,072 | 600,894 | 222,202 | 2,279 | 10,411,447 |
| 7 | To re-elect Mr C Young as a Director | 9,618,203 | 600,894 | 190,071 | 2,279 | 10,411,447 |
| 8 | To appoint Johnston Carmichael LLP as Auditor | 9,740,506 | 600,894 | 27,026 | 43,021 | 10,411,447 |
| 9 | To authorise the Directors to fix the remuneration of the Auditor | 9,720,557 | 600,894 | 78,196 | 11,800 | 10,411,447 |
| 10 | To authorise the Directors to allot new shares | 9,331,816 | 600,894 | 473,122 | 5,615 | 10,411,447 |
| 11 | To authorise disapplication of pre-emption rights | 9,108,965 | 621,810 | 639,274 | 41,398 | 10,411,447 |
| 12 | To authorise the Company to purchase its own shares | 9,061,678 | 616,304 | 731,186 | 2,279 | 10,411,447 |
| 13 | To allow a general meeting to be called on not less than 14 days' notice | 9,277,222 | 614,240 | 494,156 | 25,829 | 10,411,447 |
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. The voting figures will be available to view at: www.mavencp.com/migvct5.
A copy of the Resolutions which require to be filed at Companies House have also 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
25 April 2023
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