Result of EGM

RNS Number : 3246S

Alternative Liquidity Fund Limited

05 November 2019

 

ALTERNATIVE LIQUIDITY FUND LIMITED

Registered in Guernsey - Number 60552

LEI NUMBER 213800R5CHD76J3LU713

Registered Office:

Sarnia House, Le Truchot,

St Peter Port, Guernsey, GY1 1GR

5 NOVEMBER 2019

EXTRAORDINARY GENERAL MEETING VOTING RESULTS

Alternative Liquidity Fund Limited (the "Company") is pleased to announce that at the Extraordinary General Meeting ("EGM") held at 10:00 a.m. today, 5 November 2019, the Special Resolution was duly passed without amendment.

In accordance with LR 9.6.18, details of the results of those resolutions proposed at the EGM follow:

Resolution	For (including discretionary)	Against	Withheld*
1  Special	74,915,879	7,061,247	0.00

*A vote withheld is not a vote in law and is therefore not counted towards the proportion of votes "for" or "against" the Resolution.

The full wording of this resolution can be found below:-

Resolution 1 - Special Resolution

That, in addition to any existing authority, the Directors of the Company be and they are hereby generally empowered, in respect of the Placing Programme (as such term is defined in the Circular published by the Company on 11 October 2019) to allot and issue in the Company or grant rights to subscribe for or to convert securities into, ordinary shares in the Company ("equity securities"), including the grant of rights to subscribe for, or to convert securities and make offers or agreements to allot equity securities for cash as if any pre-emption rights in relation to the issue of shares as set out in the Articles and/or the listing rules made by the Financial Conduct Authority under Part VI of the Financial Services and Markets Act 2000 (as amended) did not apply to any such allotment of equity securities, provided that this power:

(i) shall be limited to the allotment of up to 100 million equity securities pursuant to the Placing

Programme being approximately 68 per cent. of the number of issued shares in the Company as

at 9 October 2019, in compliance with the Law; and

(ii) expires on 9 October 2020 save that the Company may before such expiry make an offer or

agreement which would or might require equity securities to be allotted after such expiry and the

Directors may allot equity securities in pursuance of such an offer or agreement as if the power

conferred hereby had not expired.

Defined terms in this  resolution have the same meanings as given to them in the Circular sent to shareholders of the Company on 14 October 2019 save where the context requires otherwise.

ENDS

All Enquiries

Tim Gardner, Warana Capital, LLP

Tel. [phone]

Email.  [e-mail]

Website:  https://waranacap.com/

 

END

 

 

ROMUVVARKNAARAA