Result of General Meeting

RNS Number : 5903D

SME Loan Fund PLC (The)

27 April 2017

 

27 April 2017

The SME Loan Fund plc

(the "Company")

Result of General Meeting

The Board of The SME Loan Fund plc announces that, at the General Meeting held earlier today, all the resolutions were passed. A summary of the resolutions and the proxy voting figures received in advance of the General Meeting are shown below.

Ordinary Resolution	For1	Against	Withheld2
1. To amend the investment objective and policy.	36,699,006 (100.00%)	0 (0.00%)	Nil (0%)
Special Resolution	For	Against	Withheld
2. To adopt new articles of association.	36,699,006 (100.00%)	0 (0.00%)	Nil (0%)
Ordinary Resolution	For	Against	Withheld
3. To authorise the allotment of up to 250 million Ordinary Shares and/or C Shares in aggregate.	36,699,006 (100.00%)	0 (0.00%)	Nil (0%)
Special Resolution	For	Against	Withheld
4. To waive shareholders' pre-emption rights in respect of the issue of up to 250 million Ordinary Shares and/or C Shares in aggregate.	34,199,006 (93.19%)	2,500,000 (6.81%)	Nil (0%)

Notes:

¹Votes "For" include any discretionary votes given to the Chairman or another named proxy. 

²Votes withheld have no legal effect.

The full text of the resolutions can be found in the notice of general meeting in the circular to shareholders of the Company dated 5 April 2017, copies of which are available for inspection at the National Storage Mechanism (www.morningstar.co.uk/uk/nsm) and on the Company's website (www.thesmeloanfund.com).

The total number of votes cast was 36,699,006 which represents approximately 69.69 per cent. of the Company's total voting rights.

The change of name to SQN Secured Income Fund plc will be effective from 28 April 2017 and the ticker for the Ordinary Shares will be changed to SSIF with effect from 2 May 2017.

For further information, please contact:

SQN Asset Management Limited	Neil Roberts Jeremiah Silkowski	T: [phone]
Cantor Fitzgerald Europe	Sue Inglis (Corporate Finance)	T: [phone]
Buchanan	Charles Ryland	T :[phone]
	Victoria Hayns

 

END

 

 

ROMXDLFLDZFEBBQ