Result of AGM

RNS Number : 0724S

Alternative Liquidity Fund Limited

16 December 2016

 

ALTERNATIVE LIQUIDITY FUND LIMITED

(The "Company")

Registered Office: Sarnia House, Le Truchot, St Peter Port, Guernsey

Registered Number: 43787

For immediate release

16 December  2016

2016 ANNUAL GENERAL MEETING RESOLUTION RESULTS

09:00 AM, 15 DECEMBER 2016  

The Company yesterday held its 2016 Annual General Meeting ("AGM"). Resolutions 1-8 were proposed as ordinary resolutions and resolutions 9 and 10 as special resolutions. The resolution results were:

Resolution 1: To accept the Annual Report and Financial Statements for the year ended 30 June 2016

Votes for: 31,109,379 - 81.50%

Votes against: 7,060,247 - 18.50%

Votes Withheld: 0

Total Votes: 38,169,626        

Result: resolution passed

Resolution 2: To accept the Directors' Remuneration Report for the year ended 30 June 2016 Votes for: 38,169,626 - 100.00%

Votes against: 0

Votes Withheld: 0

Total Votes: 38,169,626            

Result: resolution passed

Resolution 3: To accept the Directors' Remuneration Policy 

Votes for: 38,169,626 - 100.00%

Votes against: 0

Votes Withheld: 0

Total Votes: 38,169,626            

Result: resolution passed

Resolution 4: To re-appoint Grant Thornton as auditors of the Company until the conclusion of the next AGM

Votes for: 38,169,626 - 100.00%

Votes against: 0

Votes Withheld: 0

Total Votes: 38,169,626            

Result: resolution passed

Resolution 5: To authorise the Directors to fix the remuneration of the Company's auditors for the next period of office.

Votes for: 38,169,626 - 100.00%

Votes against: 0

Votes Withheld: 0

Total Votes: 38,169,626            

Result: resolution passed

Resolution 6: To elect Quentin Spicer as a Director

Votes for: 38,169,626 - 100.00%

Votes against: 0

Votes Withheld: 0

Total Votes: 38,169,626            

Result: resolution passed

Resolution 7: To elect Richard Berman as a Director

Votes for: 38,169,626 - 100.00%

Votes against: 0

Votes Withheld: 0

Total Votes: 38,169,626            

Result: resolution passed

Resolution 8: To elect Anthony Pickford as a Director

Votes for: 38,169,626 - 100.00%

Votes against: 0

Votes Withheld: 0

Total Votes: 38,169,626            

Result: resolution passed

Resolution 9: To approve Share Repurchase Programme

Votes for: 38,169,626 - 100.00%

Votes against: 0

Votes Withheld: 0

Total Votes: 38,169,626            

Result: resolution passed

Resolution 10: To approve issuance of up to further 10% of equity or equity linked securities without pre-emptive rights

Votes for: 20,726,132 - 54.30%

Votes against: 17,443,494 - 45.70%

Votes Withheld: 0

Total Votes: 38,169,626            

Result: resolution not passed

All Enquiries:

Tim Gardner

Morgan Creek Capital Management Europe

Tel. [phone]

Email. [e-mail]

Website http://www.morgancreekfunds.com/alternative-liquidity-fund-limited-3/ 

 

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