28 July 2023
Braveheart Investment Group plc
("Braveheart" or the "Group")
Result of Annual General Meeting
Braveheart Investment Group (AIM: BRH) announces that at its Annual General Meeting ("AGM") held earlier today, all resolutions were duly passed. Details of the proxy votes received on each resolution are set out below.
Following approval at the AGM, the updated investing policy, as set out in the Company's announcement on 5 July 2023, has been adopted by the Group and will be available to review on the company's website.
| RESOLUTIONS | NO OF VOTES FOR* | % OF VOTES CAST (EXCLUDING VOTES WITHELD) ** | NO OF VOTES AGAINST | % OF VOTES CAST (EXCLUDING VOTES WITHELD) ** | TOTAL VOTES CAST (EXCLUDING VOTES WITHHELD) ** | NO OF VOTES WITHHELD** |
| Ordinary Business | ||||||
| 1) To receive the Report and Accounts of the Company for the year to 31 March 2023 | 18,890,275
| 99.89
| 20,460
| 0.11
| 18,910,735
| 7,238
|
| 2) To re-appoint PKF Littlejohn LLP as auditors of the Company | 18,888,800
| 99.88
| 21,935
| 0.12
| 18,910,735
| 7,238
|
| 3) To authorise the directors to fix the auditors' remuneration | 18,888,800
| 99.88
| 21,935
| 0.12
| 18,910,735
| 7,238
|
| 4) To re-elect Trevor Edward Brown as a director of the Company | 17,258,288
| 99.38
| 107,447
| 0.62
| 17,365,735
| 1,552,238
|
| 5) To authorise the directors to adopt a new investment strategy
| 18,797,175
| 99.47
| 100,280
| 0.53
| 18,897,455
| 20,518
|
| 6) To authorise the directors to replace the existing authority to allot shares in the Company in connection with s 551 of the Companies Act 2006 | 16,965,877
| 89.78
| 1,931,578
| 10.22
| 18,897,455
| 20,518
|
| Special Business | ||||||
| 7) To authorise the directors to allot Relevant Securities as if s 561 of the Companies Act 2006 did not apply | 16,965,877
| 89.78
| 1,931,578
| 10.22
| 18,897,455
| 20,518
|
* Votes 'For' include votes giving the Chairman discretion.
** A 'Vote Withheld' is not a vote in law and has not been counted in the calculation of the proportion of the votes 'For' and 'Against' a resolution.
For further information:
| | |
| Braveheart Investment Group plc | Tel: 01738 587555 |
| Trevor Brown CEO | |
| | |
| Allenby Capital Limited (Nominated Adviser and Joint Broker) | Tel: 020 3328 5656 |
| James Reeve / George Payne | |
| | |
| Peterhouse Capital Limited (Joint Broker) | Tel: 020 7469 0936 |
| Heena Karani / Lucy Williams | |
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