Results of General Meeting

RNS Number : 3164L

BlueCrest AllBlue Fund Ltd

08 August 2013

 



BLUECREST ALLBLUE FUND LIMITED (the "Company")

RESULTS OF GENERAL MEETING

In accordance with the Principle 19 of the AIC Code of Corporate Governance, the Company advises that for the General Meeting held on Wednesday 8 August 2013 valid proxy appointments were made in respect of 194,075,003 voting shares and voting was as follows:

ORDINARY BUSINESS

IT WAS RESOLVED to receive the Annual Financial Report for the year ended 31 December 2012. (190,502,447 votes cast in favour, 3,572,556 votes cast against and no votes withheld). 

IT WAS RESOLVED to reappoint Ernst & Young LLP as Auditors to the Company, to hold office from the conclusion of this meeting until the conclusion of the next General Meeting to be held in 2014 under Section 199 of Companies (Guernsey) Law, 2008, as amended (the "Law"), and to authorise the Directors to determine their remuneration. (194,075,002 votes cast in favour, 1 vote cast against and no votes withheld).

IT WAS RESOLVED to re-elect Mr Richard Crowder a director. (190,772,447 votes cast in favour, no votes cast against and 3,302,556 votes withheld).

IT WAS RESOLVED to re-elect Mr Paul Meader a director. (194,075,003 votes cast in favour, no votes cast against and no votes withheld).

IT WAS RESOLVED to re-elect Mr Jonathan Hooley a director. (194,075,003 votes cast in favour, no cast against and no votes withheld).

IT WAS RESOLVED to re-elect Mr John le Prevost a director. (174,130,988 votes cast in favour, 19,944,015 votes cast against and no votes withheld).

IT WAS RESOLVED to re-elect Mr Andrew Dodd a director. (173,456,784 votes cast in favour, 20,618,219 votes cast against and no votes withheld).

SPECIAL BUSINESS

As an ordinary resolution IT WAS RESOLVED that the Company be authorised, in accordance with section 315(1)(a) of the Law, to make market purchases (within the meaning of section 316 of the Law) of ordinary shares of no par value each, whether denominated in Sterling, Euros or US Dollars ("Shares"), and to cancel such Shares or hold such Shares as treasury shares on the four terms set out in the Notice of Meeting for this meeting. (183,187,637 votes cast in favour, 7,605,574 votes against and 3,281,792 votes withheld).

As a special resolution IT WAS NOT RESOLVED that the pre-emption rights granted to Shareholders pursuant to Article 12(2) of the Articles of Association of the Company (the "Articles") be disapplied in respect of up to 500,000,000 Shares for a period concluding on 31 December 2014, unless such resolution is previously revoked by the Company's shareholders in general meeting. For the purpose of this resolution, capitalised terms shall have the same meaning as set out in the Articles. (139,631,012 votes cast in favour, 54,443,991 votes cast against and no votes withheld).

Explanatory Note:

Whilst this special resolution to extend into 2014 the disapplication of the pre-emption rights narrowly failed to pass the required 75% majority test, the current authority granted to the Company at the previous AGM does remain valid until 31 December 2013. 

It should be noted that a vote withheld is not a vote in law and will not be counted in the calculation of the proportion of the votes for and against each resolution.

For further information contact:

Anson Fund Managers Limited

Secretary

Tel:  [phone]

8 August 2013

END OF ANNOUNCEMENT

E&OE - in transmission.

 

END

 

 

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