TIDMSMEF

RNS Number : 5903D

SME Loan Fund PLC (The)

27 April 2017

27 April 2017

The SME Loan Fund plc

(the "Company")

Result of General Meeting

The Board of The SME Loan Fund plc announces that, at the General Meeting held earlier today, all the resolutions were passed. A summary of the resolutions and the proxy voting figures received in advance of the General Meeting are shown below.

 
 Ordinary Resolution          For(1)       Against     Withheld(2) 
 1. To amend the 
  investment objective 
  and policy.                 36,699,006   0           Nil 
                               (100.00%)    (0.00%)     (0%) 
 
 Special Resolution           For          Against     Withheld 
 2. To adopt new 
  articles of association.    36,699,006   0           Nil 
                               (100.00%)    (0.00%)     (0%) 
 
 Ordinary Resolution          For          Against     Withheld 
 3. To authorise 
  the allotment 
  of up to 250 
  million Ordinary 
  Shares and/or 
  C Shares in aggregate.      36,699,006   0           Nil 
                               (100.00%)    (0.00%)     (0%) 
 
 Special Resolution           For          Against     Withheld 
 4. To waive shareholders' 
  pre-emption rights 
  in respect of 
  the issue of 
  up to 250 million 
  Ordinary Shares 
  and/or C Shares 
  in aggregate.               34,199,006   2,500,000   Nil 
                               (93.19%)     (6.81%)     (0%)

Notes:

(1) Votes "For" include any discretionary votes given to the Chairman or another named proxy.

(2) Votes withheld have no legal effect.

The full text of the resolutions can be found in the notice of general meeting in the circular to shareholders of the Company dated 5 April 2017, copies of which are available for inspection at the National Storage Mechanism (www.morningstar.co.uk/uk/nsm) and on the Company's website (www.thesmeloanfund.com).

The total number of votes cast was 36,699,006 which represents approximately 69.69 per cent. of the Company's total voting rights.

The change of name to SQN Secured Income Fund plc will be effective from 28 April 2017 and the ticker for the Ordinary Shares will be changed to SSIF with effect from 2 May 2017.

For further information, please contact:

 
SQN Asset Management Limited  Neil Roberts                    T: +44 (0) 1932 575 888 
                               Jeremiah Silkowski 
Cantor Fitzgerald Europe      Sue Inglis (Corporate Finance)  T: +44 (0) 20 7894 8016 
Buchanan                      Charles Ryland                  T :+44 (0) 20 7466 5000 
                              Victoria Hayns

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

April 27, 2017 10:00 ET (14:00 GMT)

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