Result of AGM (2675L)
July 28 2011 - 6:33AM
UK Regulatory
TIDMVEN2
RNS Number : 2675L
Ventus 2 VCT PLC
28 July 2011
Ventus 2 VCT plc
(Registration number 5667210)
Notice of Resolutions Passed
At an annual general meeting of Ventus 2 VCT plc (the "Company")
duly convened and held at the offices of Climate Change Capital, 3
More London Riverside, London SE1 2AQ at 12.30pm on 27 July 2011
the following resolutions were duly passed as ordinary and special
resolutions respectively:
Ordinary Resolutions
1. To receive the Company's audited Annual Report and Financial
Statements for the year ended 28 February 2011.
2. To declare a final dividend of 1.00p per ordinary share in
respect of the year ended 28 February 2011.
3. To approve the Directors' Remuneration Report for the year
ended 28 February 2011.
4. To re-elect Mr Paul Thomas as a Director of the Company.
5. To re-elect Mr Alan Moore as a Director of the Company.
6. To re-appoint PKF (UK) LLP as Auditors of the Company to hold
office until the conclusion of the next general meeting at which
accounts are laid before the Company.
7. To authorise the Directors to determine the remuneration of
the Auditor.
Special Resolution
8. That the Company be and is hereby generally and
unconditionally authorised to make market purchases (as defined in
section 693(4) of the Act) of ordinary shares of 25p each and "C"
shares of 25p each in the capital of the Company provided that:
(i) The maximum aggregate number of shares hereby authorised to
be purchased is an amount equal to 3,678,180 ordinary shares and
1,698,233 "C" shares, representing 14.99% of the current issued
share capital of each class;
(ii) The minimum price which may be paid for a share is 25p per
share;
(iii) The maximum price, exclusive of any expenses, which may be
paid for a share is an amount equal to the higher of; (a) 105% of
the average of the middle market prices shown in the quotations for
a share in The London Stock Exchange Daily Official List for the
five business days immediately preceding the day on which that
share is purchased; and (b) the amount stipulated by Article 5(1)
of the Buy-back and Stabilisation Regulation 2003;
(iv) The authority hereby conferred shall (unless previously
renewed or revoked) expire on the earlier of the AGM of the Company
to be held in 2012 and the date which is 18 months after the date
on which this resolution is passed; and
(v) The Company may make a contract or contracts to purchase its
own shares under this authority before the expiry of the authority
which will or may be executed wholly or partly after the expiry of
the authority, and may make a purchase of its own shares in
pursuance of any such contract or contracts as if the authority
conferred hereby had not expired.
For further information, please contact:
Robin Smeaton, The City Partnership (UK) Limited, 0131
2437210
This information is provided by RNS
The company news service from the London Stock Exchange
END
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