REG - JPEL Private Equity - AGM RESULTS 2023

JPEL Private EquityAnnouncement

06/12/2023 17:45

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RNS Number : 9369V  JPEL Private Equity Limited  06 December 2023

JPEL Private Equity Limited

Ground Floor

Cambridge House

Le Truchot, St Peter Port

Guernsey, GY1 1WD

www.jpelonline.com (http://www.jpelonline.com)

 

 

JPEL ANNOUNCES RESULTS OF AGM

 

 

*              *              *

 

GUERNSEY, 6 DECEMBER 2023

 

JPEL Private Equity Limited (the "Company") announces that at the Annual
General Meeting ("AGM") of the Company held on 6 December 2023, all
resolutions put to shareholders at the AGM were duly passed.

 

SUMMARY OF RESOLUTIONS PROPOSED AT AGM

 

 

Special Resolutions

1.          To renew the Company's authority to make purchases of up
to 15 per cent. of its own issued US$ Equity Shares pursuant to any proposed
Tender Offer.

2.          To renew the Company's general authority to make market
purchases of up to 14.99 per cent. of its own issued US$ Equity Shares.

 

Ordinary Resolutions

3.          To approve and adopt the Annual Report and Financial
Statements of the Company for the year ended 30 June 2023.

4.          To re-elect PricewaterhouseCoopers CI LLP as Auditors to
the Company.

5.          To re-authorise the Directors to determine the Auditors'
remuneration.

6.          To re-authorise and agree the remuneration of the
Directors in accordance with the Articles of Incorporation.

7.          To re-elect Trina Le Noury as a non-executive,
independent director of the Company.

8.          To re-elect Anthony (Tony) Dalwood as a non-executive,
independent director of the Company.

9.          To re-elect Sean Hurst as a non-executive, independent
director of the Company.

 

 

Below, please find a summary of all votes received for JPEL's AGM:

 

 

             In Favour                 Discretion          Against               Withheld
 Resolution  Votes       %      Items  Votes  %     Items  Votes    %     Items  Votes   Items
 1           12,123,075  100    14     0      0     0      0        0     0      0       0
 2           12,123,075  100    14     0      0     0      0        0     0      0       0
 3           12,123,075  100    14     0      0     0      0        0     0      0       0
 4           12,085,786  100    13     0      0     0      0        0     0      37,289  1
 5           12,123,075  100    14     0      0     0      0        0     0      0       0
 6           12,123,075  100    14     0      0     0      0        0     0      0       0
 7           12,123,075  100    14     0      0     0      0        0     0      0       0
 8           11,743,277  96.87  14     0      0     0      379,798  3.13  1      0       0
 9           12,085,786  100    13     0      0     0      0        0     0      37,289  1

 

NB: Percentage of Votes cast excludes Withheld
votes

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About JPEL Private Equity Limited

JPEL Private Equity Limited is a Guernsey registered and incorporated, London
Stock Exchange-listed, closed-ended investment company (LSE: JPEL) designed
primarily to invest in the global private equity market.  The investment
objective of the Company is to achieve both short and long-term capital
appreciation by investing in a well-diversified portfolio of private equity
fund interests and by capitalising on the inefficiencies of the secondary
private equity market.

 

 

 

 

 

ENQUIRIES:

 

FCF JPEL Management LLC

JPELClientService@fortress.com (mailto:JPELClientService@fortress.com)

 

 

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