Source - LSE Regulatory
RNS Number : 1239F
Gresham House Renewable EnergyVCT1
13 July 2021
 

13 July 2021

GRESHAM HOUSE RENEWABLE ENERGY VCT 1 PLC

(the "Company")

Results of General Meeting

The Board of Gresham House Renewable Energy VCT 1 plc announces that, at the general meeting of the Company held earlier today, the proposed special resolution (the "Resolution") was approved by Shareholders.

As a result, the Company has entered a Managed Wind-Down (as defined and described in the circular to Shareholders dated 17 June 2021 (the "Circular")), the New Investment Policy has been adopted in substitution for the existing Investment Policy and, as further set out in the Circular, the Board will endeavour to realise the Company's investments in a manner that achieves a balance between maximising the net value received from those investments and making timely returns to Shareholders.

Defined terms have the meaning given to them in the Circular.

Details of the number of proxy votes cast for, against and withheld in respect of the Resolution (which was held on a poll) are set out below.

Special Resolution

Votes For*

%

Votes Against

%

Total votes validly cast

Total votes cast as % of issued share capital

Vote Withheld **

That the Company adopt the New Investment Policy, as set out in Part 2 of the Circular, in substitution for the existing Investment Policy (both as defined in the Circular) of the Company.

4,788,697,726

89.43

565,739,679

10.57

5,354,437,405

20.95

0

 

* Includes discretionary votes

** A vote withheld is not a vote in law and is not counted in the calculation of the votes for or against a resolution.

For further information, please contact:

Gresham House Asset Management Limited

renewablevcts@greshamhouse.com

Investor Relations

Tel: 020 3875 9860

 

 

JTC (UK) Limited - Company Secretary

GreshamVCTs@jtcgroup.com

Ruth Wright

Tel: 0203 893 1011

LEI: 213800IVQHJXUQBAAC06

 

Notes:

In accordance with Listing Rule 9.6.2 copies of the resolution passed will be submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

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