ICG-Longbow Snr Sec UK Prop DebtInv Results of EGM (2646Y)
02 March 2017 - 2:17AM
UK Regulatory
TIDMLBOW
RNS Number : 2646Y
ICG-Longbow Snr Sec UK Prop DebtInv
01 March 2017
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR
INDIRECTLY, IN OR INTO, THE UNITED STATES, AUSTRALIA, CANADA, THE
REPUBLIC OF SOUTH AFRICA OR JAPAN.
1 March 2017
ICG-Longbow Senior Secured UK Property Debt Investments Limited
(the "Company")
Results of Extraordinary General Meeting (the "EGM")
Further to the announcement of 11 January 2017, the Company is
pleased to announce that at the EGM held at 2.30 p.m. today, 1
March 2017, each of the resolutions in connection with the
continuation vote and the proposed capital raise was duly passed
without amendment.
In accordance with LR 9.6.18, details of those resolutions
passed at the EGM are as follows:
Resolution Type Votes for Votes Against Votes Withheld*
1 - Ordinary 56,436,950 14,955,761 0
2 - Ordinary 56,436,950 14,955,761 0
3 - Special 56,409,563 14,983,148 0
4 - Extraordinary 56,295,207 15,097,504 0
*A vote withheld is not a vote in law and is therefore not
counted towards the proportion of votes "for" or "against" the
Resolution.
The full wording of these resolutions can be found below:-
Ordinary Resolutions
To be proposed as ordinary resolutions:
1. That the Company adopts the proposed changes to the Existing
Investment Policy as described in the circular issued by the
Company and dated 11 January 2017 (the "Circular"), such that with
effect from the date of the passing of the Resolution the Existing
Investment Policy is amended and restated to reflect the terms of
the Revised Investment Policy set out in Section B of Part III of
the Circular.
2. That conditional upon the passing of Resolution 1, the
Company shall continue its business as a closed-ended collective
investment scheme in accordance with and pursuant to the terms of
article 51 of the Articles.
Special Resolutions
To be proposed as a special resolution:
3. That conditional upon the passing of Resolution 2, the
Proposed Articles in the terms set out in Part IV of the Circular
and reflecting the form produced to the meeting and signed by the
Chairman for the purposes of identification, be adopted as the
articles of incorporation of the Company in substitution for and to
the exclusion of all existing articles of incorporation.
Extraordinary Resolutions
To be proposed as an extraordinary resolution:
4. That conditional upon the passing of Resolution 2, the
directors be and are hereby authorised to allot and issue or make
offers or agreements to allot and issue equity securities (as
defined in the Articles) for cash pursuant to article 4.4 of the
Articles or by way of a sale of treasury shares for cash as if the
pre-emption provisions contained in article 6.2 of the Articles did
not apply to any such issue or sale, provided that this power shall
be limited to the allotment and issue of up to an aggregate of
40,000,000 Ordinary Shares, such authority to expire on the date
that is twelve months after the date of publication of the Placing
Programme Prospectus, unless such authority is renewed prior to
this time, save that, in each case, the Company may make an offer
or agreement before the authority expires which would or might
require shares to be allotted and issued, or rights to subscribe
for or to convert any security into shares to be granted, after the
authority expires and the directors may allot and issue shares or
grant such rights pursuant to any such offer or agreement as if the
authority had not expired, and such authority shall be in addition
to any other such authority granted to the directors from time to
time.
Enquiries:
Heritage International Fund
Managers Limited:
Mark Huntley +44 (0)14 8171
James Christie 6000
+44 (0)20 7397
Cenkos Securities Ltd 1920
Will Rogers +44 (0)20 7397
Alex Collins 1913
Maitland Consultancy Limited:
Rebecca Mitchell +44 (0)20 7379
Seda Ambartsumian 5151
Further information on the Company can be found on its website
at http://www.lbow.co.uk.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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