MAVEN INCOME & GROWTH VCT 4 PLC

AGM Information • May 17, 2017

National Storage Mechanism | Additional information

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RNS Number : 4485F

Maven Income & Growth VCT 4 PLC

17 May 2017

Maven Income and Growth VCT 4 PLC

Result of Annual General Meeting

At the Annual General Meeting of the Company held at 10.30 am at Fifth Floor, 1-2 Royal Exchange Buildings, London, EC3V 3LF on 17 May 2017, all of the Resolutions put to the Meeting were duly passed.

At the record date for the Annual General Meeting, being 15 May 2017, the total number of voting rights in the Company stood at 32,767,502 Ordinary Shares. In accordance with the provisions of E.2.2 of the UK Corporate Governance Code, the Company advises that for the Annual General Meeting, valid proxy appointments were made in respect of 3,972,861 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.	3,854,111	104,885	0	13,865	3,972,861
2	To approve the Directors' Remuneration Report.	2,873,170	97,294	959,122	43,275	3,972,861
3	To approve the Directors' Remuneration Policy.	3,331,703	108,526	487,511	45,121	3,972,861
4	To approve a final dividend.	3,863,639	104,762	4,460	0	3,972,861
5	To re-elect Mr Cormack as a Director.	3,658,262	116,948	167,229	30,422	3,972,861
6	To re-elect Mr Graham-Wood as a Director.	3,654,209	122,020	166,210	30,422	3,972,861
7	To re-elect Mr Scott as a Director.	3,734,401	132,901	75,137	30,422	3,972,861
8	To re-elect Mr Nixon as a Director.	3,718,182	151,281	77,744	25,654	3,972,861
9	To re-appoint Deloitte LLP as Auditor.	3,420,186	160,474	380,571	11,630	3,972,861
10	To authorise the Directors to fix the remuneration of the Auditor.	3,794,009	141,724	17,998	19,130	3,972,861
11	To authorise the Directors to allot new shares.	3,787,895	131,600	22,735	30,631	3,972,861
12	To authorise disapplication of pre-emption rights.	3,627,875	131,600	125,146	88,240	3,972,861
13	To authorise the Company to purchase its own shares.	2,985,482	124,556	846,392	16,431	3,972,861
14	To allow a General Meeting to be called on not less than 14 days' notice.	3,446,170	387,084	117,313	22,294	3,972,861

The Board notes that Resolution 2, an Ordinary Resolution relating to the approval of the Directors' Remuneration Report, was duly passed but recognises that a significant minority of Shareholders have voted against the Resolution. It is intended that the Remuneration Committee will give this due consideration in its future deliberations

The Directors also note that Resolution 13, a Special Resolution relating to the buying back of shares, was duly passed, but once again recognise that a significant minority of Shareholders have voted against the Resolution. It is intended that the Board will consider the views expressed by Shareholders when it next seeks such an authority.

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. These proxy voting figures will also be available to view at: www.mavencp.com/migvct4.

Passing of Resolutions under Special Business

Copies of Resolutions passed under Special Business have been submitted to the National Storage Mechanism and will shortly be available for inspection at: www.morningstar.co.uk/uk/NSM.

Issued on behalf of the Board

Maven Capital Partners UK LLP, Secretary

17 May 2017

This information is provided by RNS

The company news service from the London Stock Exchange

END

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