18 November
2016
CRYSTAL AMBER FUND
LIMITED
(the
‘Company’)
Results of Annual
General Meeting
The Company announces that at its Ninth Annual General Meeting
held earlier today, all ordinary resolutions (Resolutions 1 to 8)
set out in the Notice of Annual General Meeting dated 26 September 2016 (the “Notice”) were duly
passed.
At the same Annual General Meeting noted above, the following
Special Resolutions were also passed;
Special Resolution 9:
THAT the Directors of the Company be and are hereby empowered to
exercise all powers of the Company to allot, grant rights to
subscribe for, or to convert any security into, shares in the
Company up to the maximum permitted under the London Stock
Exchange’s AIM market regulations, being up to 33% of the issued
share capital of the Company, which authority shall expire at the
conclusion of the next annual general meeting of the Company to be
held in 2017 (unless previously varied, revoked or renewed by the
Company in general meeting) or, if earlier, the date falling 18
months from the passing of these resolutions, save that the Company
may before such expiry make an offer or agreement which would or
might require shares to be allotted after such expiry and the Board
may allot shares in pursuance of such an offer or agreement as if
the authority conferred hereby had not expired.
Special Resolution 10:
THAT the Directors be and are hereby empowered to allot ordinary
shares wholly for cash and/or to sell ordinary shares from Treasury
wholly for cash, on a non pre-emptive basis, provided that:
i) this power shall be limited to
the allotment or sale of up to the aggregate number of ordinary
shares as represent less than 10 per cent. of the number of
ordinary shares already admitted to trading on the London Stock
Exchange's AIM market for listed securities immediately following
the passing of this resolution;
ii) such allotment shall be in
accordance with the rights contained in the Company’s Articles of
Association;
iii) this power shall expire at the conclusion
of the next annual general meeting of the Company to be held in
2017; and
iv) the Company may, before such expiry, make
an offer which would or might require ordinary shares to be
allotted or sold after such expiry and the Directors may allot or
sell ordinary shares in pursuance of such offer.
Special Resolution 11:
THAT in accordance with Section 42 of the Law the Articles of
Association (the “Articles”) of the Company be and are
hereby amended in accordance with the provisions contained within
the Schedule to the Notice of Annual General Meeting.
The amended Articles will shortly be available on the Company’s
website http://crystalamber.com/home
For further enquiries please contact:
Crystal Amber Fund Limited
William Collins (Chairman)
Tel: 01481 716 000
Allenby Capital Limited - Nominated Adviser
David Worlidge/James Thomas
Tel: 020 7167 6431
Winterflood Investment Trusts - Broker
Joe Winkley/Neil Langford
Tel: 020 3100 0160
Crystal Amber Advisers (UK) LLP – Investment Adviser
Richard Bernstein
Tel: 020 7478 9080