Result of EGM

RNS Number : 8483X

Renewables Infrastructure Grp (The)

24 November 2014

 



24 November 2014

The Renewables Infrastructure Group Limited (the "Company")

Result of Extraordinary General Meeting

The Board of the Company is pleased to announce that the special resolution put to shareholders at the Extraordinary General Meeting held on 24 November 2014 was passed.  The details of the resolution are as follows: 

SPECIAL RESOLUTION

The Chairman advised that the following votes on a poll had been received: Nominal Percentage In Favour 236,180,022 96.78 Against 7,854,019 3.22 That the Directors be and are hereby authorised to allot, issue and/or sell equity securities for cash as if article 7.1 of the Articles did not apply to any such allotment, issue and/or sale, provided that this power shall be limited to the allotment, issue and/or sale of up to an aggregate number of 250 million New Ordinary Shares (or Ordinary Shares out of treasury) and/or C Shares pursuant to the Share Issuance Programme which is the subject of the Company's prospectus expected to be published in November 2014 (the Prospectus) and shall expire 12 months after the publication of the Prospectus (unless previously renewed, varied or revoked by the Company in a general meeting), save that the Company shall be entitled to make offers or agreements before the expiry of such power which would or might require equity securities to be allotted and issued after such expiry and the Directors shall be entitled to allot and issue equity securities pursuant to any such offer or agreement as if the power conferred hereby had not expired. It should be noted that all the New Ordinary Shares to be issued pursuant to the Share Issuance Programme will be issued at a premium to the prevailing Net Asset Value per Ordinary Share, after the related costs of issue have been deducted.

In accordance with Listing Rule 9.6.2, a copy of the special resolution above shall be forwarded to the National Storage Mechanism.

For further information, please contact:

Christopher Copperwaite Dexion Capital (Guernsey) Limited

[phone]

 

END

 

 

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