Third Point Offshore Result of AGM
21 June 2017 - 8:57PM
UK Regulatory
TIDMTPOG TIDMTPOU
Third Point Offshore Investors Limited
(the "Company")
(a closed-ended investment company incorporated with limited liability under
the laws of Guernsey with registered number 47161)
RESULT OF ANNUAL GENERAL MEETING
21 June 2017
At the Annual General Meeting ("AGM") of the Company held today all Ordinary
Resolutions set out in the AGM Notice dated 16 May 2017 (the "Notice") and sent
to shareholders of the Company, were duly passed.
Details of the proxy voting results which should be read alongside the Notice
are noted below:
Ordinary For Against Abstain
Resolution
1 49,333,839 0 4,884,701
2 49,333,209 0 4,884,701
3 49,333,209 0 4,884,701
4 49,333,839 0 4,884,701
5 47,827,829 0 6,390,711
6 47,827,829 0 6,390,711
7 47,827,829 0 6,390,711
8 47,827,829 0 6,390,711
9 47,392,471 435,358 6,390,711
Note - A vote withheld is not a vote in law and has not been counted in the
votes for and against a resolution.
At the same AGM noted above, the following Special Business was also passed as
detailed below:
SPECIAL BUSINESS BY SPECIAL RESOLUTIONS:
10. That conditional upon the Ordinary Shares of the Company remaining trading
on the main market of the London Stock Exchange, the Company be authorised in
accordance with Section 315 of the Companies Law to make market acquisitions
(within the meaning of section 316 of the Companies Law) of each class of its
Shares (either for retention as treasury shares for future reissue and resale
or transfer, or cancellation) provided that:
i. the maximum number of Shares hereby authorised to be purchased shall be
14.99% of each class of Shares in issue as at the date of this document;
ii. the minimum price (exclusive of expenses) which may be paid for a Share
shall be50 per cent of the Net Asset Value (as defined in the Articles);
iii. unless a tender offer is made to all holders of the relevant class of
Shares, the maximum price (exclusive of expenses) which may be paid for a Share
shall not be more than the higher of (a) 105 per cent of the average of the
middle market quotations for a Share taken from the London Stock Exchange's
main market for listed securities for the five business days before the
purchase is made; and (b)the higher of the price of the last independent trade
and the highest current independent bid at the time of the purchase; and (c)
any purchase by the Company of 15 per cent or more of any class of its Shares
shall be effected by way of a tender offer to all Shareholders of that class,
or such other price as may be permitted by the Listing Rules of the UK Listing
Authority;
iv. the authority hereby conferred shall expire at the conclusion of the next
Annual General Meeting of the Company or, if earlier, on the expiry of eighteen
months from the passing of this resolution, unless such authority is renewed,
varied or revoked prior to such time; and
v. 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 pursuant to any such contract.
11. That the articles of incorporation produced to the Annual General Meeting
and signed by the Chairman of the Annual General Meeting for the purposes of
identification be hereby adopted as the new Articles of Incorporation of the
Company in substitution for and to the exclusion of the existing Articles of
Incorporation of the Company.
SPECIAL BUSINESS BY ORDINARY RESOLUTION:
12. THAT, subject to and conditional upon the passing of the proposed
resolution 11 (as a Special Resolution), that in accordance with Articles 158
to 167 of the Articles of Incorporation, the Board may, in respect of dividends
declared for any financial period or periods of the Company ending prior to the
annual general meeting of the Company to be held in 2018, offer Shareholders
the right to elect to receive further shares, credited as fully paid, in
respect of all or any part of such dividend or dividends declared in respect of
any such period or periods.
Details of the proxy voting results which should be read alongside the Notice
are noted below:
Special Business by For Against Abstain
Special Resolutions
10 49,333,839 0 4,884,701
11 48,767,288 566,551 4,884,701
Special Business by For Against Abstain
Ordinary Resolution
12 49,333,839 0 4,884,701
Note - A vote withheld is not a vote in law and has not been counted in the
votes for and against a resolution.
All Enquiries:
Company website: www.thirdpointpublic.com
Northern Trust International Fund Administration Services (Guernsey) Limited
Company Secretary
Tel: 01481 745001
END
(END) Dow Jones Newswires
June 21, 2017 06:57 ET (10:57 GMT)
Third Point (LSE:TPOG)
Historical Stock Chart
From Mar 2024 to Apr 2024
Third Point (LSE:TPOG)
Historical Stock Chart
From Apr 2023 to Apr 2024