Result of AGM

RNS Number : 8926L

BBGI SICAV S.A.

30 April 2015

 



30 April 2015

BBGI SICAV S.A.

(the "Company")

Results of Annual General Meeting

BBGI SICAV S.A. (LSE ticker: BBGI), the global infrastructure investment company, is pleased to announce that, at the fourth Annual General Meeting of the Company held today, 30 April 2015, 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 2014	213,805,798	4,424,663	0
2. Review and approval of the standalone financial statements of the Company for the financial year which ended on 31 December 2014 and allocation of the results	217,992,899	237,562	0
3. Review and approval of the consolidated financial statements of the Company for the financial year which ended on 31 December 2014	218,230,461	0	0
4. Discharge and release (quitus) to the external auditor, to the current members of the Management Board and to the current members of the Supervisory Board of the Company, for all their duties during, and in connection with, the financial year having started on 1 January 2014 and having ended on 31 December 2014	218,230,461	0	0
5. Re-appointment of David Richardson as a member of the Supervisory Board	218,230,461	0	0
6. Re-appointment of Colin Maltby as a member of the Supervisory Board	218,230,461	0	0
7. Re-appointment of Howard Myles as a member of the Supervisory Board	218,230,461	0	0
8. Re-appointment of KPMG as independent auditor of the Company	217,641,698	61,770	526,993
9. Authorisation of the Management Board to determine the remuneration of the independent auditor	218,230,461	0	0
10. 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 2016 AGM	218,230,461	0	0
11. Authorisation of the Supervisory Board to amend the Company's Long-Term Incentive Plan	210,326,200	154,586	7,749,675
12. Authorisation for the Company to continue in business as an investment company	218,230,461	0	0
Special Resolutions
13. Authorisation of the Company to make market purchases of its own shares	218,230,461	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	217,641,698	588,763	0
15. Delegation of Powers	218,230,461	0	0

The full text of the resolutions may be found in the Convening Notice to Annual General Meeting dated 27 March 2015, 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]

Frank Schramm

Duncan Ball      

BBGI owns a global portfolio of 36 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 **.

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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