Result of AGM

RNS Number : 7276D

Africa Opportunity Fund Limited

27 June 2019

 

27 June 2019

Africa Opportunity Fund Limited ("AOF" or the "Company")

Result of Annual General Meeting

The Board of Africa Opportunity Fund Limited (the "Company") is pleased to announce that all of the resolutions proposed by the Company in its notice of annual general meeting, dated 5 June 2019, were today approved by its shareholders at the Company's Annual General Meeting, which was held immediately following the Company's General Meeting.

Details of the votes validly cast are set out below:

	In favour		Against		Withheld**	Total
	Votes	%*	Votes	%*
Ordinary resolution that the financial statements for the year ended 31 December 2018, with the reports of the Directors and Auditors thereon, be received.	69,570,976	100%	0	0%	0	69,570,976
Ordinary resolution that Mr. Robert Knapp be re-elected as director of the Company.	69,570,976	100%	0	0%	0	69,570,976
Ordinary resolution that Mr. Shingayi Mutasa be re-elected as director of the Company.	69,570,976	100%	0	0%	0	69,570,976
Ordinary resolution that Dr. Myma Belo-Osagie be re-elected as director of the Company.	42,572,613	61%	26,998,363	39%	0	69,570,976
Ordinary resolution that Ernst & Young Mauritius be re-appointed as auditors of the Company.	69,570,976	100%	0	0%	0	69,570,976
Ordinary resolution that the directors be authorised to fixed the auditors' remuneration.	69,570,976	100%	0	0%	0	69,570,976

* Percentage of votes cast excludes withheld votes.

** "Vote Withheld" is not a vote in law and is not counted in the calculation of the proportion of the votes "For" and "Against" a resolution and is not reflected in the total figures set out above.

For further information please contact:

Africa Opportunity Fund Limited

Francis Daniels

Tel: [phone]

Liberum (Corporate Broker)

Gillian Martin / Owen Matthews

Tel: [phone]

About Africa Opportunity Fund Limited:

Africa Opportunity Fund Limited ("AOF") is a closed-end investment company incorporated in the Cayman Islands and traded on the Specialist Fund Segment of the London Stock Exchange. For more information about AOF, see www.africaopportunityfund.com 

 

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