VTAS Volta Finance (GBP)

Volta Finance Limited : Update statement regarding AGM voting

Volta Finance Limited : Update statement regarding AGM voting

11 March 2020

Volta Finance Limited (VTA / VTAS)

Update Statement regarding AGM voting

Information disclosed in accordance with provision 1.D.4 of the 2018 UK Code of Corporate Governance and principle 5.2.4 of the 2019 AIC Code of Corporate Governance.

Volta Finance Limited (the “Company”) announced “Results of the Thirteenth Annual General Meeting” on 6 December 2019 and noted the votes against the resolutions to approve the re-election of the directors, Graham Harrison, Stephen Le Page, Paul Meader, Atosa Moini and Paul Varotsis, contained in resolutions 4 to 8 inclusively. The votes against each resolution equated to 37.05% of the total voted by proxy.

The Company announced “Update Statement regarding AGM voting,” on 17 January 2020 noting the Board, through the Company’s corporate broker, has sought to engage with the dissenting shareholders to understand their concerns.  Unfortunately, despite multiple efforts, the Board and its adviser had been unsuccessful to date in gaining any response.  Therefore, the Board invited the dissenting shareholders to engage.

The Directors are mindful of their responsibilities under 1.D.4 of the 2018 UK Code of Corporate Governance and principle 5.2.4 of the 2019 AIC Code of Corporate Governance (the “Codes”).  However, no dissenting shareholders have engaged, either directly through the Chairman, or Senior Independent Director, or through the corporate broker so it is not possible for the Board to understand the reasons behind the votes against at the AGM or to address shareholders’ concerns. Therefore, the Board, to the extent that they are able, believe they have discharged their obligations under the Codes.

For further information, please contact:

Company Secretary and Portfolio Administrator

BNP Paribas Securities Services S.C.A, Guernsey Branch



+44 (0) 1481 750 853

Corporate Broker

Cenkos Securities plc

Robert Naylor

Andrew Worne

+44 (0) 20 7397 8900

For the Investment Manager

AXA Investment Managers Paris

Serge Demay



+33 (0) 1 44 45 84 47

EN
11/03/2020

Underlying

VTASVolta Finance (GBP)

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Volta Finance (GBP)

 PRESS RELEASE
Free
VTAS Volta Finance (...

Correction: Director/PDMR Shareholding

Correction: Director/PDMR Shareholding Volta Finance Limited (VTA/VTAS) Notification of transactions by directors, persons discharging managerial responsibilities and persons closely associated with them NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES ***** Guernsey, 2 May 2025 Pursuant to the announcements made on 5 April 2019 and 26 June 2020 relating to changes to the payment of directors fees, Volta Finance Limited (the “Company” or “Volta”) has purchased 3,307 ordinary shares of no par value in the Company (“Ordinary Shares”) at an a...

May 6, 2025 1 EN
 PRESS RELEASE
Free
VTAS Volta Finance (...

Director/PDMR Shareholding

Director/PDMR Shareholding Volta Finance Limited (VTA/VTAS) Notification of transactions by directors, persons discharging managerial responsibilities and persons closely associated with them NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES ***** Guernsey, 2 May 2025 Pursuant to the announcements made on 5 April 2019 and 26 June 2020 relating to changes to the payment of directors fees, Volta Finance Limited (the “Company” or “Volta”) has purchased 3,307 ordinary shares of no par value in the Company (“Ordinary Shares”) at an average price...

May 2, 2025 1 EN
Brian Moretta ... (+3)
  • Brian Moretta
  • Jason Streets
  • Mark Thomas
ARBB Arbuthnot Banki...
RECI Real Estate Cre... ... (+9)

Hardman & Co Monthly: May 2025

Feature article: Attractive asset managers - Radical derating presumes things only get worse The UK asset management sector has been significantly derated over the past couple of years. It has faced the dual problem of a shift towards passives and to private assets and away from traditional listed equities and bonds. However, the sector’s assets haven’t collapsed; its margins have proved relatively robust and its profits fairly stable, even against all the rising costs. The clear implication, ...

ARBB ARBUTHNOT BANKING GROUP
RECI REAL ESTATE CREDIT INVESTMENTS
ACSO ACCESSO TECHNOLOGY GROUP
VTAS VOLTA FINANCE (GBP)
CSN CHESNARA PLC
HAT H&T GROUP
APAX APAX GLOBAL ALPHA
ICGT ICG ENTERPRISE TRUST
A0MXLB NB PRIVATE EQUITY PARTNERS
05/02/25 May 2, 2025 1 EN
 PRESS RELEASE
Free
VTAS Volta Finance (...

Volta Finance Limited - Net Asset Value(s) as at 31 March 2025

Volta Finance Limited - Net Asset Value(s) as at 31 March 2025 Volta Finance Limited (VTA / VTAS)March 2025 monthly reportNOT FOR RELEASE, DISTRIBUTION, OR PUBLICATION, IN WHOLE OR PART, IN OR INTO THE UNITED STATES Guernsey, April 23rd, 2025 AXA IM has published the Volta Finance Limited (the “Company” or “Volta Finance” or “Volta”) monthly report for March 2025. The full report is attached to this release and will be available on Volta’s website shortly (). Performance and Portfolio Activity Dear Investors, Volta Finance’s net performance for the month of March was negative -2.9%, ta...

April 23, 2025 1 EN
 PRESS RELEASE
Free
VTAS Volta Finance (...

Directorate change

Directorate change Volta Finance Limited (VTA/VTAS) Directorate Changes NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES Guernsey, 2 April 2025 Appointment of new director The Board of Volta Finance Limited (“the Board”) is pleased to announce the appointment of Mr Simon Holden as an independent non-executive director, with effect from 1 June 2025.   Mr Simon Holden, Chartered Director (CDir) and Fellow of the Institute of Directors, brings a combination of private equity investing and deep equity capital markets experience to the Boar...

April 2, 2025 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch