Result of AGM

Molten Ventures plc
("Molten" or the "Company")

 

Results of 2025 Annual General Meeting ("AGM")

Molten Ventures plc (LSE: GROW), a leading venture capital firm investing in and developing high growth digital technology businesses, is pleased to announce that all resolutions as set out in the Notice of AGM were duly passed.

Voting was held by poll. The poll results on each resolution proposed are set out in the table below.

Resolution

For1

% of votes cast

Against

% of votes cast

Votes withheld2

1. To receive the Annual Report and Accounts for the financial year ended 31 March 2025.

132,239,762

99.47%

705,120

0.53%

168,868

2. To approve the Directors’ Remuneration Report for the financial year ended 31 March 2025.

129,282,547

97.71%

3,035,361

2.29%

718,171

3. To approve the Directors’ Remuneration Policy.

129,296,046

98.06%

2,556,539

1.94%

1,183,494

4. To elect Andrew Zimmermann as a Director.

132,895,124

99.90%

136,381

0.10%

4,574

5. To re-elect Stuart Chapman as a Director.

132,893,475

99.90%

138,021

0.10%

4,583

6. To re-elect Grahame Cook as a Director.

130,104,803

97.80%

2,926,693

2.20%

4,583

7. To re-elect Sarah Gentleman as a Director.

132,053,829

99.27%

977,692

0.73%

4,558

8. To re-elect Laurence Hollingworth as a Director.

119,380,046

95.21%

6,002,178

4.79%

7,653,855

9. To re-elect Lara Naqushbandi as a Director.

131,016,715

98.49%

2,014,806

1.51%

4,558

10. To re-elect Gervaise Slowey as a Director.

129,869,366

97.62%

3,162,130

2.38%

4,583

11. To re-elect Ben Wilkinson as a Director.

131,883,942

99.14%

1,147,563

0.86%

4,574

12. To re-appoint PricewaterhouseCoopers LLP as auditor of the Company.

132,262,845

99.94%

79,097

0.06%

694,137

13. To authorise the Audit, Risk and Valuations Committee to determine the remuneration of the auditor.

133,016,555

99.99%

13,026

0.01%

6,498

14. To authorise the Directors to allot shares.

128,995,817

96.97%

4,034,248

3.03%

6,014

15. Authority to disapply statutory pre-emption rights.*

128,920,780

96.91%

4,109,400

3.09%

5,899

16. Additional authority to disapply statutory pre-emption rights.*

119,905,238

90.13%

13,129,649

9.87%

1,192

17. To authorise the Company to purchase
its own ordinary shares.*

133,000,503

99.99%

13,204

0.01%

22,372

18. To authorise the Directors to call a general meeting other than an annual general meeting on not less than 14 clear days' notice.*

131,881,833

99.13%

1,153,645

0.87%

601

 

*Special resolution

1.  Any proxy arrangement which gave discretion to the chair of the meeting has been included in the "for" totals.

2.  A "vote withheld" is not a vote in law and is not counted in the calculation of the percentage of shares voted "For" or "Against" any resolution.

3. The total number of ordinary shares of 1p each in issue is 189,046,450. The total number of voting rights is 180,670,386.

4. In accordance with Financial Conduct Authority Listing Rule 6.4.2, a copy of the resolutions passed at today's AGM, other than resolutions concerning ordinary business, will be submitted to the National Storage Mechanism and will be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism 

5. The Notice of AGM can be found on the Company’s website at https://investors.moltenventures.com/investor-relations/plc/documents

 

Enquiries

Molten Ventures plc

Gareth Faith (Company Secretary)

+44 (0)20 7931 8800

cosec@molten.vc 

Deutsche Numis

Joint Financial Adviser and Corporate Broker

Simon Willis

Jamie Loughborough

Iqra Amin

+44 (0)20 7260 1000

Goodbody Stockbrokers

Joint Financial Adviser and Corporate Broker

Don Harrington

Charlotte Craigie

Tom Nicholson

William Hall

+44 (0) 20 3841 6202

Sodali Co

Public relations

Elly Williamson

Jane Glover

+44 (0)7889 297 217

molten@sodali.com

 

About Molten Ventures

 

Molten Ventures is a leading venture capital firm in Europe, developing and investing in high growth technology companies.

 

It invests across four sectors: Enterprise SaaS; AI, Deeptech Hardware; Consumer Technology; and Digital Health with highly experienced partners constantly looking for new opportunities in each.

 

Listed on the London Stock Exchange, Molten Ventures provides a unique opportunity for public market investors to access these fast-growing tech businesses, without having to commit to long term investments with limited liquidity. Since its IPO in June 2016, Molten has deployed over £1bn capital into fast growing tech companies and has realised £660m to 31 March 2025.

 

For more information, go to https://investors.moltenventures.com/investor-relations/plc