Octopus AIM VCT 2 announces AGM results with strong shareholder support

LONDON - Octopus AIM VCT 2 plc has disclosed the outcomes of its Annual General Meeting (AGM) held today, with shareholders demonstrating strong support for all resolutions presented. The investment company reported a successful passage of resolutions during the AGM, with a significant majority of votes cast in favor.

The resolutions, which ranged from standard procedural approvals to more significant company matters, received between 91.56% to 95.62% votes in favor. A detailed breakdown of the proxy votes submitted showed that opposition was minimal, with the highest percentage of votes against any resolution standing at 5.14%.

The company, which is part of the Octopus Group and focuses on venture capital trusts (VCTs), noted that the resolutions were carried on a show of hands. This method of voting is often used in shareholder meetings to quickly gauge approval for resolutions without an exact count of votes, suggesting a clear consensus among attendees.

In line with UK regulatory requirements, Octopus AIM VCT 2 will submit a copy of the resolutions passed, other than ordinary business, to the UK Listing Authority. These documents will be available for public inspection at the National Storage Mechanism, providing transparency and access for those interested in the company’s governance actions.

The voting record date showed that approximately 2.01% of the shares in issue had lodged valid proxies in relation to the meeting, indicating shareholder engagement and interest in the company’s proceedings.

This information is based on a press release statement from Octopus AIM VCT 2 plc. The company’s announcement reflects its commitment to transparency and regulatory compliance, as well as the continued support of its shareholders as it moves forward with its business strategy.

Investors and interested parties can expect the detailed resolutions to be accessible shortly, offering insights into the specific decisions and directions endorsed by the company’s shareholders at the AGM.

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