Results of the Annual General Mee ng of Venture Life Group plc, held at the offices of Simmons & Simmons LLP, CityPoint, 1 Ropemaker Street, London, EC2Y 9SS on 4 June 2024 at 10:00 a.m.

Resolu

on

Number of

% Votes for

Number of

% Votes

votes for

votes against

against

1.

To receive and adopt

77,556,791

99.98%

13,683

0.02%

the

reports

of

the

Directors and auditor

and

the

audited

accounts

of

the

Company for the year

ended 31 December

2023

2.

To

re-elect

as

a

44,029,29

64.77%

23,952,929

35.23%

Director,

Paul

McGreevy, who seeks

re-elec on

3.

To

re-elect

as

a

77,539,989

99.97%

21,513

0.03%

Director,

Jerry

Randall, who seeks re-

elec

on

4.

To

re-elect

as

a

77,539,989

99.97%

21,513

0.03%

Director,

Gianluca

Bragu , who seeks re-

elec

on

5.

To

re-elect

as

a

77,539,989

99.97%

21,513

0.03%

Director, Daniel Wells,

who seeks re-elec

on

6.

To

re-elect

as

a

77,539,989

99.97%

21,513

0.03%

Director,

Mark

Adams, who seeks re-

elec

on

7.

To

re-elect

as

a

77,050,769

99.34%

510,733

0.66%

Director,

Carl

Dempsey, who seeks

re-elec on

8.

To re-appoint

Evelyn

77,545,725

99.97%

24,249

0.03%

Partners Limited

as

the

auditor

of

the

Company

un l

conclusion of the next

AGM

9.

THAT

the

Directors

54,088,392

69.73%

23,481,281

30.27%

are authorised to allot

shares

in

the

Company

Number of

votes

withheld 600

9,589,016

9,572

9,572

9,572

9,572

9,572

1,100

1,401

10.

THAT, if Resolu on 6 is

Withdrawn

Withdrawn

Withdrawn

Withdrawn

Withdrawn

passed, the Directors

are authorised to allot

equity

securi es

for

cash

11.

The

Company

is

77,527,126

99.95%

42,457

0.05%

1,401

authorised to make one or more market purchases of ordinary shares

Board response to Resolu on 2- To re-elect Paul McGreevy

The Board recognises that Resolu on 2 for the re-elec on of Paul McGreevy as Non-execu ve Chair was opposed by more than 20% of vo ng shareholders. The Company has engaged with certain shareholders and understands that this is not a reflec on of Paul's performance as Non-execu ve Chair of the Company but is primarily as a result of a historic Group remunera on policy which is not in line with the stewardship policy of certain shareholders. The remunera on policy, offering nil-cost equity incen ves for senior execu ve management, was implemented prior to Paul McGreevy's appointment to the Board on 17 May 2022 and the Board confirms that no nil-cost op ons have been granted since the appointment.

The Board will con nue to engage with shareholders on this ma er.

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Disclaimer

Venture Life Group plc published this content on 04 June 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 June 2024 14:21:09 UTC.