Result of AGM and Directorate Change

RNS Number : 8187B

NB Global Monthly Income Fund Ltd

14 June 2021

 

14 June 2021

NB Global Monthly Income Fund Limited

 ("NB Global" or the "Company")

Result of Annual General Meeting and Director Resignation

The Board of NB Global is pleased to announce that at the Annual General Meeting of the Company held earlier today, all of the proposed resolutions were approved by shareholders on a poll.

The Board also announces that effective today, Mrs Sandra Platts has retired from her position on the Board. Following Mrs Platt's resignation, Ms. Laure Duhot has been appointed as Chair of the Company's Remuneration and Nomination Committee and the Management Engagement Committee. The Board wishes to express thanks to Mrs Platts for her valuable contribution to the Board during her time as a Director.

The number of shares voted in person or by proxy on the resolutions, of which resolutions 1-10 were proposed as ordinary resolutions and resolutions 11 and 12 were proposed as special resolutions, were as follows:

1.  THAT the Financial Statements of the Company for the year ended 31 December 2020 with the Report of the Directors and Auditors thereon be received and adopted.

114,679,476 votes were in favour of the resolution (100% of votes cast) and Nil votes were against (0% of votes cast). 46,034 votes were withheld.

2.  THAT the Directors' Remuneration Report for the year ended 31 December 2020 be approved.

114,635,631 votes were in favour of the resolution (99.96% of votes cast) and 43,845 votes were against (0.04% of votes cast). 46,034 votes were withheld.

3.  THAT the Directors' Remuneration Policy be received and approved.

114,635,631 votes were in favour of the resolution (99.96% of votes cast) and 43,845 votes were against (0.04% of votes cast). 46,034 votes were withheld.

4.  THAT Laure Duhot be elected as a Director of the Company.

114,612,113 votes were in favour of the resolution (99.98% of votes cast) and 27,343 votes were against (0.02% of votes cast). 86,054 votes were withheld.

5.  THAT Rupert Dorey be re-elected as a Director of the Company.

114,612,013 votes were in favour of the resolution (99.94% of votes cast) and 67,463 votes were against (0.06% of votes cast). 46,034 votes were withheld.

6.  THAT David Staples be re-elected as a Director of the Company.

114,602,263 votes were in favour of the resolution (99.98% of votes cast) and 27,343 votes were against (0.02% of votes cast). 95,904 votes were withheld.

7.  THAT KPMG Channel Islands Limited be re-appointed as Auditors of the Company to hold office until the conclusion of the next annual general meeting of the Company.

114,668,696 votes were in favour of the resolution (99.99% of votes cast) and 10,780 votes were against (0.01% of votes cast). 46,034 votes were withheld.

8.  THAT the directors be authorised to fix the remuneration of the external auditor.

114,644,093 votes were in favour of the resolution (99.97% of votes cast) and 29,423 votes were cast against (0.03% of votes cast). 51,994 votes were withheld.

9.  THAT the Company's dividend policy be approved.

114,679,476 votes were in favour of the resolution (100% of votes cast). Nil votes were cast against (0% of votes cast). 46,034 votes were withheld.

10.  THAT the Company be authorised to make market acquisitions of up to 14.99 per cent. of each class of its own shares.

114,642,069 votes were in favour of the resolution (99.97% of votes cast). 37,406 votes were cast against (0.03% of votes cast). 46,035 votes were withheld.

11.  THAT t o authorise the Directors of the Company to disapply pre-emption rights.

114,523,321 votes were in favour of the resolution (99.86% of votes cast) and 156,155 votes were against (0.14% of votes cast). 46,034 votes were withheld.

12.  THAT the Directors of the Company be and hereby are authorised to donate any unclaimed dividends and distributions which remain unclaimed for a period of seven years after the payment date to one or more charities as decided by the Directors in their discretion from time to time, subject to an annual overall limit of GBP 10,000.

114,663,738   votes were in favour of the resolution (99.99% of votes cast) and 15,738 votes were against (0.01% of votes cast). 46,034 votes were withheld.

ENDS

Enquiries:

Praxis Fund Services Limited

Company Secretary

Matt Falla/Gemma Woods

Tel: [phone]

LEI: 549300P4FSBHZFALLG04

 

END

 

 

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