Result of Extraordinary General Meeting

RNS Number : 2700X

Renewables Infrastructure Grp (The)

04 May 2016

The Renewables Infrastructure Group Limited (the "Company")

The Board of the Company is pleased to announce that each of the resolutions put to shareholders at the Extraordinary General Meeting held on Wednesday 4 May 2016 as follows:

SPECIAL RESOLUTION 1

THAT, in addition to any existing authorities granted to the Directors, the Directors be and are hereby authorised to allot, issue and/or sell equity securities for cash as if Article 7.1 of the Articles did not apply to any such allotment, issue and/or sale, provided that this power shall be limited to the allotment, issue and/or sale of up to an aggregate number of 300 million New Ordinary Shares (or Ordinary Shares out of treasury) and/or C Shares pursuant to the Share Issuance Programme which is the subject of the Company's prospectus expected to be published by early May 2016 (the Prospectus) and shall expire 12 months after the publication of the Prospectus (unless previously renewed, varied or revoked by the Company in a general meeting), save that the Company shall be entitled to make offers or agreements before the expiry of such power which would or might require equity securities to be allotted and issued after such expiry and the Directors shall be entitled to allot and issue equity securities pursuant to any such offer or agreement as if the power conferred hereby had not expired.

	Nominal	Percentage
In Favour	417,592,655	99.18
Against	3,463,516	0.82
Withheld	2,784,995	N/A

Result: PASSED

A vote withheld is not a vote in law and cannot be counted in the calculation of the proportion of the votes for or against a resolution. Discretionary votes were voted in favour of each resolution.

SPECIAL RESOLUTION 2

THAT, in substitution for the authority passed at the Company's 2016 AGM which shall be of no further force and effect but in addition to the authority conferred on the Directors by the passing of Resolution 1 set out in this notice of this Extraordinary General Meeting, the Directors be, and hereby are, empowered to allot (or sell Ordinary Shares held as treasury shares) up to 10 per cent. of the Ordinary Shares of the Company in issue on 14 April 2016, increasing to up to 10 per cent. of the Ordinary Shares of the Company in issue immediately following closure of the Share Issuance Programme (but in any event not exceeding 103,628,947 New Ordinary Shares), in each case for cash as if Article 7.1 of the Articles did not apply to the allotment or sale for the period expiring on the date falling 15 months after the date of passing of this resolution or the conclusion of the next annual general meeting of the Company, whichever is the earlier save that the Company shall be entitled to make offers or agreements before the expiry of such power which would or might require equity securities to be allotted and issued after such expiry and the Directors shall be entitled to allot and issue equity securities pursuant to any such offer or agreement as if the power conferred hereby had not expired.