REG-BH Macro Limited: Result of AGM

BH MacroAnnouncement

13/09/2023 16:45

 

BH Macro Limited

(a closed-ended collective investment scheme established as a company with
limited liability 

under the laws of Guernsey with registration number 46235)

(The "Company")

 

LEI Number: 549300ZOFF0Z2CM87C29

 

13 September 2023

 

RESULT OF ANNUAL GENERAL MEETING

 

At the Annual General Meeting of the Company held on 13 September 2023, all
Resolutions set out in the Annual General Meeting Notice sent to Shareholders
dated 23 August 2023 were duly passed.

 

Details of the voting results which should be read along side the Notice are
noted below:

 

 Ordinary Resolution  Votes Cast   Percentage In Favour  
 1                    495,365,075  99.9%                 
 2                    495,365,075  99.8%                 
 3                    495,366,369  99.8%                 
 4                    495,356,249  99.9%                 
 5                    495,356,249  99.9%                 
 6                    495,356,249  99.9%                 
 7                    495,356,249  99.5%                 
 8                    495,356,249  99.8%                 
 9                    495,354,646  99.9%                 
 10                   495,365,518  99.9%                 
 Special Resolution                                      
 11                   495,366,369  99.9%                 
 12                   495,364,666  99.9%                 

 

Note - A vote withheld is not a vote in law and has not been counted in the
votes for and against a resolution. 

 

The Special Resolutions were as follows:

 

Special Resolution 11

That the Company be and is hereby generally and unconditionally authorised in
accordance

with the Companies (Guernsey) Law, 2008, as amended (the "Companies Law"), to
make

market acquisitions (as defined in the Companies Law) of each class of its
shares (either for

the retention as treasury shares for resale or transfer, or cancellation),
PROVIDED THAT:

(a) the maximum number of shares authorised to be purchased shall be 4,435,587
shares

designated as US Dollar shares and 56,024,199 shares designated as Sterling
shares

(respectively being 14.99 per cent. of the shares of each class in issue as at
the latest

practicable date prior to the date of publication of this document (excluding
in each case

shares held in treasury));

(b) the minimum price (exclusive of expenses) which may be paid for a share
shall be one

cent for shares designated as US Dollar shares and one pence for shares
designated

as Sterling shares;

(c) the maximum price which may be paid for a share of the relevant class is
an amount

equal to the higher of: (a) 105 per cent. of the average of the middle market
quotations

for a share of the relevant class on the relevant market for the five business
days

immediately preceding the date on which the share is purchased; and (b) the
higher of

(i) the price of the last independent trade for a share of the relevant class
and (ii) the

highest current independent bid for a share of the relevant class at the time
of purchase;

and

(d) the authority hereby conferred shall expire at the annual general meeting
of the

Company in 2024 unless such authority is varied, revoked or renewed prior to
such

date by a special resolution of the Company in a general meeting.

 

Special Resolution 12

That, in accordance with Article 6.4 of the Articles, and in addition to all
subsisting authorities,

pursuant to Article 6.4 the Directors be empowered to allot and issue (or sell
from treasury)

2,959,030 shares designated as US Dollar shares and 37,374,382 shares
designated as

Sterling shares (respectively being 10 per cent. of the shares in issue of
each class as at the

latest practicable date prior to the date of this notice (excluding shares
held in treasury)) for

cash as if Article 6.1 of the Articles did not apply to the allotment and
issue (or sale from

treasury) for the period expiring on the date falling fifteen months after the
date of passing of

this Resolution 12 or the conclusion of the next annual general meeting of the
Company,

whichever is the earlier, save that the Company may before such expiry make
offers or

agreements which would or might require shares to be allotted and issued (or
sold) after such

expiry and the Directors may allot and issue (or sell) shares in pursuance of
any such offer or

agreement notwithstanding that the power conferred by this Resolution 12 has
expired.

 

Enquiries:

Northern Trust International Fund Administration Services (Guernsey) Limited

The Company Secretary

Trafalgar Court

Les Banques

St Peter Port

Guernsey

GY1 3QL

 

Tel: 01481 745001

 

END



Copyright (c) 2023 PR Newswire Association,LLC. All Rights Reserved