HVPE Harbourvest Global Private Equity Limited

 
TIDMHVPE 
 
 
   NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, TO 
THE UNITED STATES, AUSTRALIA, CANADA, SOUTH AFRICA, JAPAN OR ANY MEMBER 
STATE OF THE EEA OR TO ANY NATIONAL, RESIDENT OR CITIZEN OF THE UNITED 
STATES, AUSTRALIA, CANADA, SOUTH AFRICA, JAPAN OR ANY MEMBER STATE OF 
THE EEA IF TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS 
AND REGULATIONS IN SUCH JURISDICTION. 
 
   HARBOURVEST GLOBAL PRIVATE EQUITY LIMITED (the "Company") 
 
   RESULTS OF ANNUAL GENERAL MEETING 
 
   HarbourVest Global Private Equity Limited (the "Company") hereby 
announces the results of its Annual General Meeting ("AGM") held at 1.20 
p.m. on 12 July 2016 at Dorey Court, Admiral Park, St Peter Port, 
Guernsey GY1 2HT. 
 
   In accordance with the Principle 19 of the AIC Code of Corporate 
Governance, the Company advises that for the General Meeting held on 12 
July 2016 valid proxy appointments were made in respect of 47,508,780 
voting shares and voting was as follows: 
 
   ORDINARY BUSINESS 
 
   IT WAS RESOLVED To receive the annual financial statements of the 
Company and the reports of the Directors and Auditors for the year ended 
31 January 2016; (47,505,353 votes cast in favour, 4,427 votes cast 
against and nil votes withheld). 
 
   IT WAS RESOLVED to receive the directors' remuneration report for the 
year ended 31 January 2016.( 46,621,741 votes cast in favour, 6,627 
votes cast against and 880,412 votes withheld). 
 
   IT WAS RESOLVED to re-elect Sir Michael Bunbury as a Director of the 
Company. (47,502,153 votes cast in favour, 6,627 votes cast against and 
0 votes withheld). 
 
   IT WAS RESOLVED to re-elect to re-elect Mr Keith Corbin as a Director of 
the Company;  (44,646,618 votes cast in favour, 2,586,009 votes cast 
against and 276,153 votes withheld). 
 
   IT WAS RESOLVED to re-elect Mr Alan Hodson as a Director of the Company. 
(47,508,780 votes cast in favour, nil votes cast against and nil votes 
withheld). 
 
   IT WAS RESOLVED to re-elect Mr Andrew Moore as a Director of the 
Company. (44,652,119 votes cast in favour, 2,580,508 votes cast against 
and 276,153 votes withheld). 
 
   IT WAS RESOLVED to re-elect Mr Jean-Bernard Schmidt as a Director of the 
Company. (45,271,550 votes cast in favour, 1,961,077 votes cast against 
and 276,153 votes withheld). 
 
   IT WAS RESOLVED to re-elect Mr Peter Wilson as a Director of the 
Company. (45,209,853 votes cast in favour, 2,022,774 votes cast against 
and 276,153 votes withheld). 
 
   IT WAS RESOLVED to re-elect Mr Brooks Zug as a Director of the Company. 
(45,209,853 votes cast in favour, 2,022,774 votes cast against and 
276,153 votes withheld). 
 
   IT WAS RESOLVED to reappoint Ernst & Young LLP as the independent 
auditors of the Company. (35,784,724 votes cast in favour, 11,724,056 
votes cast against and nil votes withheld). 
 
   IT WAS RESOLVED to authorise the Directors to determine the auditors' 
remuneration. (36,668,461 votes cast in favour, 10,840,319 votes cast 
against and no votes withheld). 
 
   SPECIAL BUSINESS 
 
   IT WAS RESOLVED THAT, in accordance with section 315 of The Companies 
(Guernsey) Law, 2008, as amended (the "Law"), the Company be, and hereby 
is generally, and unconditionally authorised to make one or more market 
acquisitions (as defined in section 316 of the Law) of its Shares (as 
defined in the Company's Articles of Incorporation), provided that: 
 
   the maximum aggregate number of Shares hereby authorised to be acquired 
does not exceed 14.99 per cent. of the Company's issued share capital at 
the date this resolution is passed; 
 
   the minimum price (exclusive of expenses) which may be paid for a Share 
shall be 1 pence; 
 
   the maximum price (exclusive of expenses) which may be paid for a Share 
shall be not more than the higher of (i) five per cent. above the 
average of the middle market quotations for the Shares as derived from 
the Official List of the London Stock Exchange plc for the five business 
days before the day the purchase is made, and (ii) the higher of the 
price or the last independent trade, and the highest independent bid at 
the time of the purchase for the Shares; 
 
   the authority conferred shall expire (unless previously renewed, varied 
or revoked by the Company in general meeting) at the conclusion of the 
next annual general meeting of the Company to be held in 2017 or on the 
date which is 18 months from the date of the passing of this resolution, 
whichever is earlier; 
 
   notwithstanding paragraph (iv), the Company may make a contract to 
purchase Shares under the authority hereby conferred prior to the expiry 
of such authority which will or may be executed wholly or partly after 
the expiration of such authority, and may make a purchase of Shares in 
pursuance of any such contract after such expiry; 
 
   the price payable for the Shares so purchased may be paid by the Company 
to the fullest extent permitted by the Law; and 
 
   any Shares bought back may be held in treasury in accordance with the 
Law or be subsequently cancelled by the Company. (47,508,780  votes cast 
in favour, nil votes cast against and nil votes withheld). 
 
   As a special resolution IT WAS RESOLVED THAT in accordance with section 
42(1) of the Law, the new Articles of Incorporation of the Company 
produced to the meeting and, for the purpose of identification, 
initialled by the Chairman be approved (the New Articles) and adopted as 
the New Articles, in substitution for and to the exclusion of all 
existing Articles of Incorporation of the Company, which are hereby 
deleted in their entirety. (47,433,780 votes cast in favour, nil votes 
cast against and 75,000 votes withheld). 
 
   NOTES 
 
 
 
   It should be noted that a vote withheld is not a vote in law and will 
not be counted in the calculation of the proportion of the votes for and 
against each resolution. 
 
   For further information, please contact: 
 
   JTC (Guernsey) Limited 
 
   Company Secretary 
 
   +44 (0) 1481 702 400 
 
   This announcement is distributed by NASDAQ OMX Corporate Solutions on 
behalf of NASDAQ OMX Corporate Solutions clients. 
 
   The issuer of this announcement warrants that they are solely 
responsible for the content, accuracy and originality of the information 
contained therein. 
 
   Source: HarbourVest Global Private Equity Limited via Globenewswire 
 
   HUG#2028206 
 
 
  http://www.hvgpe.com/ 
 

(END) Dow Jones Newswires

July 12, 2016 13:30 ET (17:30 GMT)

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