Message from Kathleen McLeay, Hector Kilpatrick, Charles McMicking & Paul Jourdan
Kathleen McLeay, Hector Kilpatrick, Charles McMicking and Paul Jourdan, the directors proposed by the 38 Requisitioners, note that the resolutions to elect them to the Board of Maven Renovar VCT have not been passed by the shareholders, and make the following statement. “We note the result of the vote and the substantial support shown by shareholders for the Requisitioned Resolutions, but we respect the decision of the majority. Our actions were guided by the belief that a significant group of shareholders had a desire to see the strategy set out in the Requisition adopted and felt it important that the wider shareholder base should be offered the chance to consider this. We did what we could to get our message out to all shareholders, but in the event this proved to be extremely difficult. We are now keen that this episode be marked as closed.”