TIDMBSIF
RNS Number : 7484U
Bluefield Solar Income Fund Limited
26 November 2019
26 November 2019
Bluefield Solar Income Fund Limited
('Bluefield Solar' or the 'Company')
Result of Annual General Meeting
Bluefield Solar (LON:BSIF), a sterling income fund that invests
in UK-based solar assets, announces that at the Annual General
Meeting ("AGM") of the Company held at 11.00 am, 26 November 2019,
Ordinary Resolutions 1 to 12 and Special Resolution 13 were passed
without amendment.
Resolution 13
That, in substitution for any existing disapplication authority
in force as at the date of this Annual General Meeting, the
Directors be and are hereby generally and unconditionally
authorised to allot, issue and/or sell equity securities for cash
as if article 6.2 of the Articles of Incorporation 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 10
per cent. of the Ordinary Shares in issue as at the date of this
Annual General Meeting for the period expiring at the date falling
15 months after the date of the passing of this resolution or the
conclusion of the next annual general meeting of the Company,
whichever is earlier (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.
The voting breakdown of all resolutions follow:
Resolution Votes For** Votes Against Votes Withheld*
1 - Ordinary 195,389,686 99.98% 38,722 0.02% 13,345
------------ -------- ----------- ------- ----------------
2 - Ordinary 195,330,246 99.97% 52,168 0.03% 59,340
------------ -------- ----------- ------- ----------------
3 - Ordinary 194,397,974 99.52% 943,869 0.48% 99,910
------------ -------- ----------- ------- ----------------
4 - Ordinary 195,280,343 99.96% 81,500 0.04% 79,910
------------ -------- ----------- ------- ----------------
5 - Ordinary 195,290,904 99.96% 70,939 0.04% 79,910
------------ -------- ----------- ------- ----------------
6 - Ordinary 164,575,633 84.24% 30,786,210 15.77% 79,910
------------ -------- ----------- ------- ----------------
7 - Ordinary 195,316,074 99.98% 45,770 0.02% 79,910
------------ -------- ----------- ------- ----------------
8 - Ordinary 188,023,644 99.97% 55,677 0.03% 7,362,432
------------ -------- ----------- ------- ----------------
9 - Ordinary 195,379,004 99.98% 42,751 0.02% 19,999
------------ -------- ----------- ------- ----------------
10 - Ordinary 195,348,597 99.96% 81,603 0.04% 11,554
------------ -------- ----------- ------- ----------------
11 - Ordinary 195,439,610 100.00% 0 0% 2,144
------------ -------- ----------- ------- ----------------
12 - Ordinary 195,227,562 99.90% 201,440 0.1% 12,752
------------ -------- ----------- ------- ----------------
13 - Special 195,153,114 99.87% 247,830 0.13% 40,810
------------ -------- ----------- ------- ----------------
*A vote withheld is not a vote in law and is therefore not
counted towards the proportion of votes "for" or "against" the
Resolution.
** including discretionary votes.
For further information:
Bluefield Partners LLP (Company Investment Tel: +44 (0) 20 7078 0020
Adviser) www.bluefieldllp.com
James Armstrong / Mike Rand / Giovanni
Terranova
Numis Securities Limited (Company Broker) Tel: +44 (0) 20 7260 1000
Tod Davis / David Benda www.numis.com
Estera International Fund Managers (Guernsey) Tel: +44 (0) 1481 742 742
Limited www.estera.com
(Company Secretary & Administrator)
Kevin Smith
Media enquiries: Tel: +44 (0) 20 7466 5000
Buchanan (PR Adviser) www.buchanan.uk.com
Henry Harrison-Topham / Henry Wilson BSIF@buchanan.uk.com
Notes to Editors
About Bluefield Solar
Bluefield Solar is a sterling income fund focused on acquiring
and managing UK-based solar projects to generate stable renewable
energy for periods of typically 25 years or longer. The Company's
primary objective is to deliver its Shareholders stable, long term
sterling income via quarterly dividends, which are linked to RPI.
The majority of the Group's revenue streams are regulated and
non-correlated to traditional markets. Bluefield Solar owns and
operates one of the UK's largest, diversified portfolios of solar
assets with a combined installed power capacity in excess of
465MWp. Further information can be viewed at
www.bluefieldsif.com.
About Bluefield Partners LLP ('Bluefield')
Bluefield was established in 2009 and is an investment adviser
to companies and funds investing in solar energy infrastructure. It
has a proven record in the selection, acquisition and supervision
of large-scale energy and infrastructure assets in the UK and
Europe. The team has been involved in over GBP1.5 billion of solar
PV funds and/or transactions in both the UK and Europe since 2008,
including over GBP800 million in the UK since December 2011.
Bluefield has led the acquisitions of, and currently advises on
over 85 UK based solar PV assets that are agriculturally,
commercially or industrially situated. Based in its London office,
Bluefield's partners are supported by a dedicated and highly
experienced team of investment, legal and portfolio executives.
Bluefield was appointed Investment Adviser to the Company in June
2013.
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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