Result of AGM

RNS Number : 6049X

BBGI SICAV S.A.

30 April 2019

 

30 April 2019

BBGI SICAV S.A.

(the "Company")

Results of Annual General Meeting

BBGI SICAV S.A. (LSE ticker: BBGI), the international PPP infrastructure investment company, is pleased to announce that, at the eighth Annual General Meeting of the Company held today, 30 April 2019, each of the Resolutions was duly approved by shareholders.

Details of the votes validly cast are set out below:

Ordinary Resolutions		For	Against	Withheld *
1.	Presentation of the reports of (i) the Management Board and (ii) the Independent Auditor on the Company's activities during the financial year ended 31 December 2018	369,308,553	18,027,441	0
2.	Review and approval of the standalone financial statements of the Company for the financial year which ended on 31 December 2018, allocation of the results and payment of a dividend	387,335,995	0	0
3.	Review and approval of the consolidated financial statements of the Company for the financial year which ended on 31 December 2018	367,155,863	18,027,441	2,152,690
4.	Discharge and release (quitus) to the external auditor, to the current members of the Management Board, to the current members of the Supervisory Board of the Company, and to David Richardson who retired as member of the Supervisory Board on 30 August 2018, for all their duties during, and in connection with, the financial year having started on 1 January 2018 and having ended on 31 December 2018	387,335,995	0	0
5.	Re-appointment of Colin Maltby as a member of the Supervisory Board	387,334,696	1,299	0
6.	Re-appointment of Jutta af Rosenborg as a member of the Supervisory Board	387,334,696	1,299	0
7.	Re-appointment of Howard Myles as a member of the Supervisory Board	387,334,696	1,299	0
8.	Appointment of Sarah Whitney as a member of the Supervisory Board	387,334,696	1,299	0
9.	Re-appointment of KPMG as independent auditor of the Company	380,093,933	0	7,242,061
10.	Authorisation of the Management Board to determine the remuneration of the independent auditor	387,335,995	0	0
11.	Authorisation of the Management Board to offer shareholders the right to elect to receive further ordinary shares in respect of dividends declared for any financial period or periods of the Company ending prior to the 2020 AGM	387,335,995	0	0
12.	Authorisation for the Company to continue in business as an investment company	387,335,995	0	0
Special Resolutions
13.	Authorisation of the Company to make market purchases of its own shares	387,335,995	0	0
14.	Authorisation of the Management Board to allot up to the aggregate number of shares representing less than 10% of the shares in the Company already admitted to trading on the London Stock Exchange	387,335,995	0	0
15.	Delegation of Powers	387,335,995	0	0

The full text of the resolutions may be found in the Convening Notice to Annual General Meeting dated 28 March 2019, copies of which are available on both the Company's website www.bb-gi.com ** and on the National Storage Mechanism www.morningstar.co.uk/uk/nsm  **.

A copy of the Special Resolutions passed at the Annual General Meeting has been submitted to the National Storage Mechanism and will shortly be available for inspection at www.morningstar.co.uk/uk/nsm **.

The Results will also be available shortly for viewing on the Company's website www.bb-gi.com  **.

For further information, please contact:

BBGI Management Team               [phone]

Duncan Ball          

Frank Schramm     

BBGI is a FTSE 250 company and owns a global portfolio of 48 infrastructure assets. These are PPP assets and are supported by contracted, public sector-backed revenue streams, with inflation-protection characteristics.

Further information about BBGI is available on its website at www.bb-gi.com **.

The Company's LEI is: 529900CV0RWCOP5YHK95

Any reference to the Company or BBGI refers also to its subsidiaries (where applicable).

* A Vote Withheld is not a vote in law and is not counted in the proportion of votes 'for' or 'against' a resolution.

** Neither the NSM website nor the Company's website nor the content of any website accessible from hyperlinks on those websites (or any other website) is (or is deemed to be) incorporated into, or forms (or is deemed to form) part of this announcement.

 

END

 

 

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