PGGO Partners Grp

 

TIDMPGGO 
 
RNS Number : 4967C 
Partners Group Global Opportunities 
13 November 2009 
 

News Release 
 
 
Guernsey, 13 November 2009 
 
 
All Resolutions Passed at Extraordinary General Meeting 
 
 
Partners Group Global Opportunities Limited (the "Company") is pleased to 
announce that at a General Meeting which was held on 13 November 2009 at 11.30 
a.m. at Third Floor, Tudor House, Le Bordage, St Peter Port, Guernsey GY1 1BT, 
the two proposed special resolutions were duly passed. Both resolutions were 
passed on a poll at the meeting. The results of the poll were as follows: 
 
 
+----+--------------------------------+------------+-----------+--------------+ 
|    |      SPECIAL RESOLUTION        |    FOR     |  AGAINST  |    VOTE      | 
|    |                                |            |           |  WITHHELD    | 
+----+--------------------------------+------------+-----------+--------------+ 
| 1  | Adoption of the New Articles   |25'381'579  |  492'199  |    3'324     | 
|    | and conversion of the Company  |            |           |              | 
|    | into an Open-Ended Authorised  |            |           |              | 
|    | Fund.                          |            |           |              | 
+----+--------------------------------+------------+-----------+--------------+ 
| 2  | Conversion of the ordinary     |25'381'579  |  492'199  |    3'324     | 
|    | shares into redeemable         |            |           |              | 
|    | participating shares.          |            |           |              | 
+----+--------------------------------+------------+-----------+--------------+ 
 
 
John Hallam, Chairman of the Company, comments: "We are very pleased to have 
reached this major milestone in the Company's corporate development. The 
resolutions were supported by votes in favour amounting to 98.1% of all votes 
cast, which the directors of PGGO regard as an unambiguous sign of our 
shareholders' appreciation of the new corporate structure. By converting 
PGGO into an open-ended structure, discount volatility will be removed and 
investors are typically expected to be able to value their holdings at net asset 
value. With PGGO's portfolio value having shown a recovery in the third quarter 
of 2009, the new corporate structure is expected to create value for our 
long-term shareholders and to provide regular, albeit gated liquidity after the 
lock-up period." 
 
 
Set out below is a summary of the special resolutions: 
Special resolution 1 approved the adoption of the amended and restated 
memorandum and articles of incorporation (the "New Articles") of the Company to 
reflect the change in the Company's status from being a closed-ended company to 
an open-ended fund authorised under the Guernsey Collective Investment Schemes 
(Class B) Rules 1990 (an "Open-Ended Authorised Fund") and to approve the 
conversion of the Company into an Open-Ended Authorised Fund; in each case with 
effect from the twenty-first business day following the passing of the 
resolution. 
Special resolution 2 approved the conversion of the ordinary shares of the 
Company into redeemable participating shares having the rights attached to them 
in the New Articles. 
 
 
Certified copies of the approved special resolutions have been submitted to the 
UK Listing Authority and will shortly be available for inspection at the UK 
Listing Authority's Document Viewing Facility, which is situated at: 
 
Financial Services Authority 
25 The North Colonnade 
Canary Wharf 
London E14 5HS 
Phone: +44 20 7676 1000 
 
 
Following the passing of the special resolutions, the Company now intends to 
write to the UK Listing Authority with a formal request that the listing of the 
ordinary shares be suspended on 14 December 2009 and cancelled with effect from 
17 December 2009. It is anticipated that the last day of trading in the 
Company's shares on the main market of the London Stock Exchange will be 11 
December 2009, and that the register of members will be closed at 5.00p.m. on 11 
December 2009. 
 
 
The Company also intends to proceed with its application for the admission of 
the redeemable participating shares to the Irish Official List and to trading on 
the main market of the Irish Stock Exchange (the "Admission"). It is expected 
that the conversion of the Company into an Open-Ended Authorised Fund and the 
conversion of the ordinary shares into redeemable participating shares on 14 
December 2009 and that the Admission will occur on 17 December 2009. 
 
 
 
 
About Partners Group Global Opportunities Limited 
Partners Group Global Opportunities Limited is a closed-ended investment company 
with limited liability domiciled in Guernsey and traded on the London Stock 
Exchange (Main Market) (Ticker symbol: PGGO). Partners Group Global 
Opportunities Limited is designed to provide public market investors access to 
direct private equity and private debt investments alongside leading private 
equity firms and advised by Partners Group AG, a global alternative asset 
management firm listed on the SIX Swiss Exchange (ticker symbol: PGHN) with over 
CHF 24 billion assets under management in private equity, private debt, private 
real estate, private infrastructure, absolute return strategies and listed 
alternatives. 
 
Contacts 
Partners Group Global Opportunities Limited 
info@pg-globalopportunities.net 
www.pg-globalopportunities.net 
 
 
Registered Number: 45101 
 
 
Media enquiries 
Partners Group AG 
Tamara Krebs 
Communications 
Phone: +41 41 768 85 26 
tamara.krebs@partnersgroup.com 
www.partnersgroup.com 
 
 
This document does not constitute an offer to sell or a solicitation of an offer 
to buy or subscribe for any securities and neither is it intended to be an 
investment advertisement or sales instrument of Partners Group Global 
Opportunities Limited. The distribution of this document may be restricted by 
law in certain jurisdictions. Persons into whose possession this document comes 
must inform themselves about, and observe any such restrictions on the 
distribution of this document. In particular, this document and the information 
contained therein is not for distribution or publication, neither directly nor 
indirectly, in or into the United States of America, Canada, Australia or Japan. 
 
 
This document may have been prepared using financial information contained in 
the books and records of the product described herein as of the reporting date. 
This information is believed to be accurate but has not been audited by any 
third party. This document may describe past performance, which may not be 
indicative of future results. No liability is accepted for any actions taken on 
the basis of the information provided in this document. 
 
 
Issued and approved by Partners Group (UK) Ltd., authorised and regulated by the 
Financial Services Authority in the United Kingdom. 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 REGZGMMMFFRGLZM 
 

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