22 March 2024
Triple Point Energy
Transition plc
("TENT" or the
"Company")
Result of General
Meeting
Triple
Point Energy Transition plc
(ticker: TENT), is pleased to announce
that at the Company's General Meeting held on 22 March 2024, all
resolutions were voted on by way of a poll and were passed by
shareholders.
All resolutions were proposed as
ordinary resolutions and the results of the poll are set out
below.
|
Resolution
|
Votes For
|
%
|
Votes Against
|
%
|
Total votes validly
cast
|
Total votes cast as % of
issued share capital
|
Votes Withheld*
|
|
1
|
To adopt the proposed new investment objectives
and policy as described in Parts I and II of the Circular to
Shareholders dated 5 March 2024
|
69,790,101
|
99.85%
|
106,630
|
0.15%
|
69,896,731
|
69.89%
|
0
|
|
2
|
To approve the Field sale on the terms
summarised in Part I of the Circular
|
69,279,532
|
99.85%
|
103,794
|
0.15%
|
69,383,326
|
69.37%
|
0
|
|
3
|
To approve, subject to the passing of
Resolution 1, the LED Facility Sale on the terms summarised in Part
I of the Circular
|
69,239,532
|
99.85%
|
103,794
|
0.15%
|
69,343,326
|
69.33%
|
0
|
|
4
|
To approve, subject to the passing of
Resolution 1, the IMA Amendment on the terms summarised in Part I
of the Circular
|
69,145,270
|
99.72%
|
197,325
|
0.28%
|
69,342,595
|
69.33%
|
731
|
*A vote withheld is not a vote in
law and is not counted in the calculation of the votes for or
against a resolution.
Every shareholder has one vote for
every Ordinary Share held. As at 22 March 2024, the issued share
capital of the Company consisted of 100,014,079 Ordinary Shares.
The Company holds no Ordinary Shares in treasury. Therefore, the
total voting number of voting rights in the Company is 100,014,079
Ordinary Shares.
The full text of all the resolutions
can be found in the Notice of General Meeting dated 5 March 2024, a
copy of which is available on the Company's website at
Triple Point |
Triple Point Energy Transition plc
(tpenergytransition.com).
In accordance with Listing Rule
9.6.2 copies of all the resolutions passed, other than ordinary
business, will be submitted to the National Storage Mechanism and
will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
For further information, please
contact:
|
Triple Point Investment Management
LLP
Jonathan Hick
Christophe Arnoult
|
+44 (0) 20 7201 8989
|
|
J.P. Morgan Cazenove (Corporate
Broker and Sponsor)
William Simmonds
Jérémie Birnbaum
|
+44
(0) 20 3493 8000
|
|
Akur Limited (Financial
Adviser)
Tom Frost
Siobhan Sergeant
|
+44 (0) 20 7493 3631
|
|
Buchanan (Financial PR)
Helen Tarbet
Henry Wilson
Verity Parker
|
|
+44 (0) 20 7466 5111
|
LEI: 213800UDP142E67X9X28
Further information on the Company
can be found on its website: www.tpenergytransition.com
NOTES:
The Company is an investment trust
which was established to invest in
assets that support the transition to a lower carbon, more
efficient energy system and help the UK achieve Net
Zero.
The Investment Manager is Triple
Point Investment Management LLP ("Triple Point") which is
authorised and regulated by the Financial Conduct Authority. Triple
Point manages private, institutional, and public capital, and has a
proven track record of investment in energy transition and
decentralised energy projects.
On 22 March 2024, shareholders
approved the Company's proposed orderly realisation of
assets. Details of future divestments or
returns of capital are expected to be announced via a Regulatory
Information Service in due course.