Result of AGM
The Board of Oxford Technology 2 VCT Plc (OT2) is pleased to announce that all of the resolutions proposed at the Annual General Meeting held 19 July 2023, were duly passed on a show of hands.
Proxy votes were received in respect of 6,195,163 Ordinary Shares, representing 22.2% of the issued share capital as at 17 July 2023
The following table shows the proxy votes cast for each resolution:
| For | Against | Withheld | |||
| votes | % | votes | % | votes | |
| 1. To approve the Annual Report and Accounts | 6,173,513 | 99.90% | 6,150 | 0.10% | 15,500 |
| 2. To approve the Directors’ Remuneration Report | 6,165,513 | 99.77% | 14,150 | 0.23% | 15,500 |
| 3. To re-elect Richard Roth as a Director | 6,156,013 | 99.62% | 23,650 | 0.38% | 15,500 |
| 4. To re-elect Alex Starling as a Director | 6,173,513 | 99.90% | 6,150 | 0.10% | 15,500 |
| 5. To re-elect Robin Goodfellow as a Director | 6,156,013 | 99.62% | 23,650 | 0.38% | 15,500 |
| 6. To re-elect David Livesley as a Director | 6,173,513 | 99.90% | 6,150 | 0.10% | 15,500 |
| 7. To approve the re-appointment of Hazlewoods LLP as auditors and authorisation of Directors to fix remuneration | 6,173,513 | 99.90% | 6,150 | 0.10% | 15,500 |
| 8. To approve that the Company continues as a VCT | 6,173,513 | 99.90% | 6,150 | 0.10% | 15,500 |
| 9. To approve the Directors’ general authority to allot shares | 6,136,013 | 99.29% | 43,650 | 0.71% | 15,500 |
| 10. To approve the Company’s authority to make market purchases of its own shares | 5,278,516 | 85.42% | 901,147 | 14.58% | 15,500 |
| 11. To rename the Ordinary Shares OT2 Shares | 6,173,513 | 99.90% | 6,150 | 0.10% | 15,500 |
| 12. To approve the allotment of shares on a non-rights issue basis | 6,128,013 | 99.16% | 51,650 | 0.84% | 15,500 |
1. A withheld vote is not a vote in law and, accordingly, is not counted in the calculation of the proportion of votes "For" and "Against" the resolution concerned.
2. Any proxy appointments which gave discretion to the Chairman have been included in the vote "For" total.
3. The number of shares in issue (and total voting rights) at close of business on 17 July 2023 was 27,844,888 ordinary shares, carrying one vote each. Therefore, the total voting rights in the Company 27,844,888
This announcement contains inside information as stipulated under the UK version of the Market Abuse Regulation No 596/2014 which is part of English Law by virtue of the European (Withdrawal) Act 2018, as amended. Upon the publication of this announcement via a Regulatory Information Service, this information is now considered to be in the public domain.
Enquiries: Lucius Cary Oxford Technology Management 01865 784466
LEI: 2138002COY2EXJDHWB30
