TIDMAOF

RNS Number : 7276D

Africa Opportunity Fund Limited

27 June 2019

27 June 2019

Africa Opportunity Fund Limited ("AOF" or the "Company")

Result of Annual General Meeting

The Board of Africa Opportunity Fund Limited (the "Company") is pleased to announce that all of the resolutions proposed by the Company in its notice of annual general meeting, dated 5 June 2019, were today approved by its shareholders at the Company's Annual General Meeting, which was held immediately following the Company's General Meeting.

Details of the votes validly cast are set out below:

 
                                 In favour           Against            Withheld**     Total 
                                 Votes        %*     Votes        %* 
                                -----------  -----  -----------  ---- 
 Ordinary resolution 
  that the financial 
  statements for the 
  year ended 31 December 
  2018, with the reports 
  of the Directors and 
  Auditors thereon, be 
  received.                      69,570,976   100%   0            0%    0            69,570,976 
                                -----------  -----  -----------  ----  -----------  ----------- 
 Ordinary resolution 
  that Mr. Robert Knapp 
  be re-elected as director 
  of the Company.                69,570,976   100%   0            0%    0            69,570,976 
                                -----------  -----  -----------  ----  -----------  ----------- 
 Ordinary resolution 
  that Mr. Shingayi Mutasa 
  be re-elected as director 
  of the Company.                69,570,976   100%   0            0%    0            69,570,976 
                                -----------  -----  -----------  ----  -----------  ----------- 
 Ordinary resolution 
  that Dr. Myma Belo-Osagie 
  be re-elected as director 
  of the Company.                42,572,613   61%    26,998,363   39%   0            69,570,976 
                                -----------  -----  -----------  ----  -----------  ----------- 
 Ordinary resolution 
  that Ernst & Young 
  Mauritius be re-appointed 
  as auditors of the 
  Company.                       69,570,976   100%   0            0%    0            69,570,976 
                                -----------  -----  -----------  ----  -----------  ----------- 
 Ordinary resolution 
  that the directors 
  be authorised to fixed 
  the auditors' remuneration.    69,570,976   100%   0            0%    0            69,570,976 
                                -----------  -----  -----------  ----  -----------  -----------

* Percentage of votes cast excludes withheld votes.

** "Vote Withheld" is not a vote in law and is not counted in the calculation of the proportion of the votes "For" and "Against" a resolution and is not reflected in the total figures set out above.

For further information please contact:

Africa Opportunity Fund Limited

Francis Daniels

Tel: +2711 684 1528

Liberum (Corporate Broker)

Gillian Martin / Owen Matthews

Tel: +44 20 3100 2000

About Africa Opportunity Fund Limited:

Africa Opportunity Fund Limited ("AOF") is a closed-end investment company incorporated in the Cayman Islands and traded on the Specialist Fund Segment of the London Stock Exchange. For more information about AOF, see www.africaopportunityfund.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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June 27, 2019 12:25 ET (16:25 GMT)

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