U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
NOTICE OF EXEMPT SOLICITATION
NAME OF THE REGISTRANT : MVC Capital Inc.
NAME OF PERSON RELYING ON EXEMPTION : Metage Capital Limited
ADDRESS OF PERSON RELYING ON EXEMPTION : Princes House, 38 Jermyn Street, London, United Kingdom, SW1Y 6DN
WRITTEN MATERIALS . Written material are submitted pursuant to Rule 14a-6(g)(1) promulgated under the Securities Exchange Act of 1934:
For Immediate Release
Metage Capital Limited
Tel: +(44) 203 813 8590
October 19, 2017
Metage Capital Limited: Institutional Shareholder Services Recommends that Shareholders Vote in Favor of Metage ’ s Proposal at MVC Capital ’ s Upcoming AGM
Institutional Shareholder Services Inc. (ISS) has announced its voting recommendations 1 at the upcoming AGM for MVC Capital Inc. (NYSE: MVC) on October 31, 2017. Following independent review and consultation with both MVC ’ s management and Metage, ISS has recommended that shareholders vote in favor of the Metage shareholder proposal 2 . The ISS report concluded:
“ … the persistent discount to NAV; the fund's underperformance compared to its peers; and the fact that investors were not given the opportunity to approve the change in investment strategy from private equity investment to lending … justify supporting Metage's proposal. ”
Metage encourages all Shareholders to follow ISS guidance and support our proposal. Please vote without delay to ensure that your vote is counted
This is not a solicitation of authority to vote your proxy. The cost of this filing is being borne entirely by Metage.
PLEASE NOTE: METAGE IS NOT ASKING FOR YOUR PROXY CARD AND CANNOT ACCEPT YOUR PROXY CARD. PLEASE DO NOT SEND US YOUR PROXY CARD.
1 ISS Proxy & Benchmark policy voting recommendation released on October 18 th , 2017.
2 Proposal 3 on MVC Capital ’ s definitive proxy form; The definitive proxy can be found at www.mvccapital.com/sec.cfm under Date Filed: Sep 21, 2017; Filing: DEF 14A; Description: Definitive Proxy Statement or at www.sec.gov/edgar/searchedgar/companysearch.html under CIK 0001099941, MVC CAPITAL, INC.; on the same Filed/ Effective date.