Street Calls of the Week
LONDON - Albion Enterprise VCT PLC (LON:AAEV) announced that shareholders approved all resolutions at its Annual General Meeting held virtually on Wednesday.
The company reported that all 13 proposed resolutions passed with strong shareholder support. The adoption of the company’s accounts for the year ended March 31, 2025, received 99.91% approval, while the Directors’ remuneration report secured 96.20% of votes in favor.
Shareholders re-elected Christopher Burrows, Philippa Latham, and Rhodri Whitlock as Directors with approval rates of 99.07%, 97.71%, and 99.24% respectively. Ben Larkin and Lord O’Shaughnessy were newly elected to the board with 98.94% and 97.81% approval.
Johnston Carmichael LLP was re-appointed as the company’s Auditor with 99.29% of votes in favor, and the authorization for Directors to agree the Auditor’s remuneration passed with 99.50% support.
Among the special business items, shareholders approved the authority to allot shares (98.28%), renewed the company’s Dividend Reinvestment Scheme (99.58%), approved the disapplication of pre-emption rights (94.82%), and authorized the company to purchase its own shares (99.33%).
The results were announced in a press release statement issued Thursday. The company noted that a recording of the AGM and a copy of the Manager presentation will be available on the Albion Capital website.
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