REG - abrdn Latin American - Result of EGM

abrdn Latin American Income FundAnnouncement

12/06/2023 13:15

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RNS Number : 4344C  abrdn Latin American Income Fund Ld  12 June 2023

abrdn Latin American Income Fund Limited

Legal Entity Identifier (LEI):  549300DN623WEGE2MY04

 

12 June 2023

 

Result of Extraordinary General Meeting

 

At the Extraordinary General Meeting of the Company held on 12 June 2023 all
resolutions contained in the circular dated 18 May 2023 (the "Circular") were
passed on a show of hands.

 

The proxy votes received in respect of the Extraordinary General Meeting are
shown in the following table:

 

    Resolution                                                                      Votes       % of Votes  Votes      % of Votes  Votes           Votes      Total Votes Cast (excl. Votes Withheld)

For
For
Against
Against
Discretionary
Withheld
 1  That the Company be summarily wound up in accordance with the provisions of     34,445,976  96.97       1,049,116  2.95        28,030          9,295      35,523,122
    Article 146 of the Companies (Jersey) Law 1991.

 2  That, if Resolution 1 carries, the Joint Liquidators be appointed as set out    34,457,504  97.59       821,421    2.33        28,030          225,462    35,306,955
    in the Notice of Meeting.

 3  That, if Resolution 2 carries, the remuneration of the Joint Liquidators be     34,464,580  97.68       791,051    2.24        28,030          248,756    35,283,661
    determined as set out in the Notice of Meeting.

 4  That, if Resolution 1 carries, the Company be released from the obligation to   34,283,770  97.56       830,313    2.36        28,030          390,304    35,142,113
    prepare or publish interim accounts which would otherwise fall due during the
    liquidation of the Company under any law, regulation or listing rules
    applicable to the Company.

 

Accordingly, following approval of the resolutions, Linda Maree Johnson and
Louis Leonard Gerber of KPMG Advisory Limited have been appointed as joint
liquidators of the Company with immediate effect for the purposes of the
summary winding-up of the Company.

 

The Company's ordinary shares were suspended at 7:30 a.m. on 12 June 2023.

 

The full text of the resolutions can be found in the Circular, which is
available to view on the Company's website, www.latamincome.co.uk
(http://www.latamincome.co.uk) *. Copies of the special resolutions will be
submitted to the National Storage Mechanism and will shortly be available for
inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism) *

 

*Neither the NSM website nor the Company's website nor the content of any
website accessible from hyperlinks on those websites (or any other website) is
(or is deemed to be) incorporated into, or forms (or is deemed to form) part
of this announcement.

 

For abrdn Latin American Income Fund Limited

abrdn Capital International Limited, Secretary

 

 

Enquiries:

 

KPMG Advisory Limited

Joint Liquidators

Linda Johnson

Leonard Gerber

 

Tel: +44 (0) 1534 888891

Email: restructuring-ci@kpmg.com

 

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