Result of AGM

Africa Opportunity Fund Limited

19 September 2023

 

19 September 2023

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 19 September 2023, were today approved by its shareholders at the Company's Annual 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 2022, with the reports of the Directors and Auditors thereon, be received.	7,165,769	100%	0	0%	0	7,165,769
Ordinary resolution that Mr. Robert Knapp be re-elected as director of the Company.	2,608,503	100%	0	0%	4,557,266	7,165,769
Ordinary resolution that Ernst & Young Mauritius be re-appointed as auditors of the Company.	7,165,769	100%	0	0%	0	7,165,769
Ordinary resolution that the directors be authorised to fixed the auditors' remuneration.	7,165,769	100%	0	0%	0	7,165,769
Ordinary resolution that the requirement of the Company to hold an annual general meeting within six months of its financial year end of 31 December 2022 in accordance with article 71 of the Articles be waived and ratified.	7,165,769	100%	0	0%	0	7,165,769

* 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)

Darren Vickers / 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

 

END