EKW Elect King Vct2

RNS Number:9529F
Electra Kingsway VCT 2 PLC
18 October 2007

ELECTRA KINGSWAY VCT  2 PLC ("the Company")


18 October 2007

Further to the announcement made by the Company on 24 September 2007, Electra
Kingsway VCT 2 Plc announces that at the Extraordinary General Meeting ("EGM")
of the Company held today in connection with the proposed offers for
subscription of up to 25 million C Shares (the "Offers"), Shareholders passed
the three special resolutions put to the EGM.

The resolutions put to the EGM were (i) to adopt new articles of association of
the Company; (2) to increase the authorised share capital of the Company,
authorise the Directors to allot shares, disapply the statutory pre-emption
rights contained in section 89 of the Companies Act 1985, make market purchases
of shares and cancel the share premium account arising on the issue of the C
Shares pursuant to the Offers; and (3) to approve the amendment of the current
Investment Management Agreement between the Company and the Manager of the
Company and the entry into a loan note instrument by the Company as described in
a Circular to Shareholders dated 24 September 2007.

Details of the proxy votes in respect of the resolutions passed at the EGM
received as at 9.30 am on 16 October 2007, 48 hours before the EGM, at Capita
Registrars are set out below:


                For             Discretionary   Against    Withheld

                No. of votes    No. of          No. of      No. of
                                votes           votes       votes      Total

Resolution 1    4,350,772       405,837         933,450     30,700     5,720,759
Resolution 2    4,512,027       218,957         959,075     30,700     5,720,759
Resolution 3    3,969,035       279,257         1,281,650   190,817    5,720,759



A copy of the resolutions approved by shareholders at the EGM will be submitted
to the UK Listing Authority and will shortly be available for inspection at the
UK Listing Authority's Document Viewing Facility, which is situated at The
Financial Services Authority, 25 The North Colonnade, Canary Wharf, London E14
5HS - telephone:  020 7066 1000




                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

REGFFMFEASWSEDS

Electra Kingsway Vct (LSE:EKW)
Historical Stock Chart
Von Apr 2024 bis Mai 2024

Electra Kingsway Vct (LSE:EKW)
Historical Stock Chart
Von Mai 2023 bis Mai 2024