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Downing Planned Exit VCT 7 PLC : Result of GM

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Downing Planned Exit VCT 6 plc
20 July 2015

Result of GM

At the General Meeting of Downing Planned Exit VCT 6 plc held today, all resolutions were passed.

Details of the proxy votes in respect of the GM resolutions which were received by 12:00 noon on 16 July 2015, being 48 hours before the time of the meeting (excluding weekends), at Downing LLP are set out below:

  For Discretionary Against   Withheld
Resolution
 No.
No. of
Votes
No. of
Votes
No. of
Votes
Total Votes
Cast
No. of
Votes
% of votes % of votes % of votes % of votes  
        1 661,520 40,701 9,959 712,180 5,000
92.89% 5.71% 1.40% 100.00%  

The scheme to implement the proposed merger with Downing Structured Opportunities VCT 1 plc (to be renamed Downing FOUR VCT plc) will now proceed.  A further announcement will be made by the Company shortly.

A copy of the resolution passed will be submitted to the National Storage Mechanism and will shortly be available for inspection at www.hemscott.com/nsm.do.

Downing Planned Exit VCT 7 plc
20 July 2015

Result of GM

At the General Meeting of Downing Planned Exit VCT 7 plc held today, the resolution was passed.

Details of the proxy votes in respect of the GM resolutions which were received by 12:15 pm on 16 July 2015, being 48 hours before the time of the meeting (excluding weekends), at Downing LLP are set out below:

  For Discretionary Against   Withheld
Resolution
 No.
No. of
Votes
No. of
Votes
No. of
Votes
Total Votes
Cast
No. of
Votes
% of votes % of votes % of votes % of votes  
        1 906,446 - 9,959 916,405 4,854
98.91% 0.00% 1.09% 100.00%  

The scheme to implement the proposed merger with Downing Structured Opportunities VCT 1 plc (to be renamed Downing FOUR VCT plc) will now proceed.  A further announcement will be made by the Company shortly.

A copy of the resolution passed will be submitted to the National Storage Mechanism and will shortly be available for inspection at www.hemscott.com/nsm.do.




This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Downing Planned Exit VCT 7 PLC via Globenewswire

HUG#1939956

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