AGM Statement
24 May 2017
The Board of Foresight VCT plc is pleased to announce that at the Annual General Meeting of the Company held on 23 May 2017 and at the separate class meetings of the holders of Ordinary Shares, Planned Exit Shares and Infrastructure Shares adjourned to 24 May 2017, all of the resolutions were duly passed.
The proxy voting was as follows:
| Resolution | Votes For (or at the Chairman's discretion) | Votes Against |
| 1 - To Receive the Report and Accounts | 18,062,052 (99.36%) | 115,855 (0.64%) |
| 2 - Approval of the Directors' Remuneration Report | 16,602,142 (92.98%) | 1,253,331 (7.02%) |
| 3 - Approval of the Directors' Remuneration Policy | 16,578,006 (93.62%) | 1,129,372 (6.38%) |
| 4 - To re-elect Peter Dicks as director | 17,364,616 (96.26%) | 675,189 (3.74%) |
| 5 - To re-elect John Gregory as director | 17,577,157 (97.27%) | 493,874 (2.73%) |
| 6 - To re-elect Gordon Humphries as director | 17,401,113 (97.28%) | 486,869 (2.72%) |
| 7 - To re-elect Jocelin Harris as director | 17,515,280 (96.92%) | 555,751 (3.08%) |
| 8 - To re-appoint KPMG LLP as auditor | 17,667,083 (96.78%) | 587,319 (3.22%) |
| 9 - Authority to Allot Shares | 17,776,221 (98.41%) | 287,403 (1.59%) |
| 10 - Disapplication of Pre-emption Rights | 16,813,639 (95.63%) | 769,101 (4.37%) |
| 11 - Market Purchases of Own Shares | 17,776,970 (98.04%) | 356,201 (1.96%) |
The proxy voting for the separate class meetings were as follows:
Ordinary Shares
12,635,415 (96.90%) votes received being in favour (or at the chairman's discretion) and 403,946 (3.10%) against.
Planned Exit Shares
980,894 (91.92%) votes received being in favour (or at the chairman's discretion) and 86,261 (8.08%) against.
Infrastructure Shares
1,836,889 (99.17%) votes received being in favour (or at the chairman's discretion) and 15,322 (0.83%) against.
For further information please contact:
Gary Fraser, Foresight Group: 020 3667 8159