Result of EGM

RNS Number : 2295B

Sequoia Economic Infra Inc Fd Ld

05 October 2015

 

5 October 2015

Sequoia Economic Infrastructure Income Fund Limited (the "Company")

Result of Extraordinary General Meeting

The board of the Company is pleased to announce that, at the Extraordinary General Meeting of the Company held earlier today, all of the proposed resolutions were approved by shareholders on a poll.

Defined terms have the meaning given to them in the circular to shareholders published by the Company on 16 September 2015 ("Circular"). 

The number of Shares voted in person or by proxy on the resolutions, each of which was proposed as an ordinary resolution, was as follows.

1.             THAT the issue of any new C Shares to the Related Party is approved on the basis described in the Circular.

41,168,371 votes were in favour of the resolution (99.98% of votes cast) and 7,062 votes were against (0.02% of votes cast). 30,081,742 votes were withheld.

2.             THAT in substitution for all existing authorities it is approved to disapply pre-emption rights, in respect of  
                  (i) up to 250 million C Shares and (ii) up to 10 per cent of the Ordinary Shares in issue on the basis 
                   described in the Circular.

71,101,618 votes were in favour of the resolution (99.92% of votes cast) and 55,065 votes were against (0.08% of votes cast). 100,492 votes were withheld.

For further information please contact:

Sequoia Investment Management Company Steve Cook Dolf Kohnhorst Randall Sandstrom Greg Taylor	[phone]
Stifel Nicolaus Europe Limited Neil Winward Mark Bloomfield Gaudi Le Roux	[phone]
Praxis Fund Services Limited (Company Secretary) Shona Darling	[phone]

About Sequoia Economic Infrastructure Income Fund Limited

The Company is a Guernsey registered closed-ended investment company that seeks to provide investors with regular, sustained, long-term distributions and capital appreciation from a diversified portfolio of senior and subordinated economic infrastructure debt investments. The Company is advised by Sequoia Investment Management Company Limited.

 

END

 

 

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