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2017-01-12 17:24 CET
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Hargreave Hale AIM VCT 1 plc : Result of AGM

HARGREAVE HALE AIM VCT 1 PLC

12 January 2017

HARGREAVE HALE AIM VCT 1 PLC

Annual General Meeting held on

Thursday 12 January 2017

Hargreave Hale AIM VCT 1 plc ('the Company') hereby gives notification that, at the Annual General Meeting of the Company today, all the resolutions, as set out in full in the notice of meeting dated 7 December 2016, were duly passed.  

Resolutions 1 to 7 related to ordinary business. Resolutions 8 to 10 related to special business and are detailed as follows:

Ordinary Resolutions
8.         To authorise the Directors to allot Ordinary Shares under Section 551 of the Companies Act 2006.

Special Resolutions
9.         To authorise the Directors pursuant to Section 570 of the Companies Act 2006 to allot equity securities for cash without regard to pre-emption rights.

10.       To renew the Company's authority to buy-in its Ordinary shares.

All the resolutions were duly passed on a show of hands.  
Details of the proxy votes in respect of the resolutions passed at the Annual General Meeting received up to 48 hours before the time of the meeting at 44 Baker Street, London, W1U 7AL are set out below:

  FOR DISCRETIONARY AGAINST WITHHELD*  
Resolution No. No. of Votes No. of Votes No. of Votes No. of Votes Total Votes
  % of Votes % of Votes % of Votes % of Votes % of Votes
Ordinary Business          
1 4,983,069 192,560 0 15,811 5,191,440
  95.99% 3.71% 0.00% 0.30% 100.00%
2 4,811,818 205,429 120,269 53,924 5,191,440
  92.69% 3.96% 2.31% 1.04% 100.00%
3 4,820,324 208,489 103,132 59,495 5,191,440
  92.85% 4.02% 1.99% 1.14% 100.00%
4 4,911,165 205,429 51,539 23,307 5,191,440
  94.60% 3.96% 0.99% 0.45% 100.00%
5 4,937,300 192,560 40,439 21,141 5,191,440
  95.10% 3.71% 0.78% 0.41% 100.00%
6 4,949,797 192,560 30,267 18,816 5,191,440
  95.35% 3.71% 0.58% 0.36% 100.00%
7 4,982,952 195,856 0 12,632 5,191,440
  95.99% 3.77% 0.00% 0.24% 100.00%
Special Business          
8 4,792,251 210,870 70,691 117,628 5,191,440
  92.31% 4.06% 1.36% 2.27% 100.00%
9 4,735,623 223,739 114,450 117,628 5,191,440
  91.22% 4.31% 2.20% 2.27% 100.00%
10 4,917,144 210,519 60,515 3,262 5,191,440
  94.72% 4.05% 1.17% 0.06% 100.00%

* Please note that a Vote Withheld has no legal effect and will not be counted in the votes "For" and "Against" a resolution.

For further information please contact:
Stuart Brookes
Company Secretary
Hargreave Hale AIM VCT 1 plc
01253 754740

                 

HUG#2070952