REG-Pershing Square Holdings, Ltd. Pershing Square Holdings, Ltd. Holds Annual General Meeting and Confirms Second Quarter 2025 Dividend for Shareholders

Pershing Square HoldingsAnnouncement

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Pershing Square Holdings, Ltd. Holds Annual General Meeting and Confirms
Second Quarter 2025 Dividend for Shareholders

 

Pershing Square Holdings, Ltd. (LN:PSH) (LN:PSHD) today held its Annual
General Meeting of shareholders (“AGM”) at Trafalgar Court, Les Banques,
St. Peter Port, Guernsey, GY1 3QL. At the AGM, shareholders passed resolutions
to: receive the annual report and the financial statements, re-appoint PSH’s
auditor, authorize the Directors to determine the remuneration of the auditor,
re-elect all of the existing Directors with the exception of Tope Lawani and
Bronwyn Curtis, elect Jean-Baptiste Wautier, renew PSH’s share buyback
authority, and permit the disapplication of shareholders’ pre-emption rights
for any share issuance of 10% or less. All resolutions were passed on a poll.

The specifics of those resolutions can be found in the Notice of Annual
General Meeting and the Supplementary Notice of Annual General Meeting
available on the Company’s website:
https://pershingsquareholdings.com/company-reports/notices-shareholders/
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fpershingsquareholdings.com%2Fcompany-reports%2Fnotices-shareholders%2F&esheet=54247298&newsitemid=20250501688444&lan=en-US&anchor=https%3A%2F%2Fpershingsquareholdings.com%2Fcompany-reports%2Fnotices-shareholders%2F&index=1&md5=bbbc999c43f82e0fe38ac5da06ebba06)
.

The results of the proxy voting of PSH’s shares are noted in the chart
below. A vote withheld is not a vote in law and has not been counted in the
votes for or against a resolution. PS Holdings Independent Voting Company
Limited (“VoteCo”) voted its Special Voting Share in favour of the
resolutions. VoteCo is not permitted to vote on resolutions 4 and 9 which are
Specified Matters for purposes of the UK Listing Rules.
 Resolution                                           For          Against    Votes Withheld  
 Resolution 1: To receive the annual report and the financial statements                      
 Ordinary Resolution of all Voting Shares             259,181,737  70,738     8,154           
 Resolution 2: To re‐appoint the Company’s auditor                                            
 Ordinary Resolution of all Voting Shares             259,167,691  89,297     3,641           
 Resolution 3: To authorise the directors to determine the remuneration of the                
 auditor                                                                                      
 Ordinary Resolution of all Voting Shares             259,208,197  43,862     8,570           
 Resolution 4: To re-elect Halit Coussin as a Director                                        
 Ordinary Resolution of the holders of Public Shares  77,706,824   792,389    5,224           
 Resolution 5: Withdrawn                                                                      
 Ordinary Resolution of all Voting Shares             N/A          N/A        N/A             
 Resolution 6: To re-elect Andrew Henton as a Director                                        
 Ordinary Resolution of all Voting Shares             259,147,232  104,110    9,287           
 Resolution 7: To re-elect Rupert Morley as a Director                                        
 Ordinary Resolution of all Voting Shares             257,662,962  1,588,380  9,287           

 Resolution 8: To re-elect Charlotte Denton as a Director                           
 Ordinary Resolution of all Voting Shares            259,146,628  105,130  8,871    
 Resolution 9: To authorise the Company to buy back shares                          
 Special Resolution of the holders of Public Shares  77,649,981   849,396  5,060    
 Resolution 10: To permit the disapplication of pre-emption rights                  
 Special Resolution of all Voting Shares             258,981,979  173,672  104,978  
 Resolution 11: To elect Jean-Baptiste Wautier as a Director                        
 Ordinary Resolution of all Voting Shares            259,160,210  85,357   15,062   


A copy of the special resolutions passed at the AGM has been submitted to the
National Storage Mechanism and will shortly be available for inspection at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fdata.fca.org.uk%2F%23%2Fnsm%2Fnationalstoragemechanism&esheet=54247298&newsitemid=20250501688444&lan=en-US&anchor=https%3A%2F%2Fdata.fca.org.uk%2F%23%2Fnsm%2Fnationalstoragemechanism&index=2&md5=ce926219ad323bbefcffaccf26a3d8e0)
.

PSH also confirmed today that the next quarterly dividend of $0.1646 per
Public Share, as previously announced, is payable as follows:
 Record Date  Payment Date  USD Dividend  DRIP Enrollment  Currency Election  
                            
             
                
                  
                            Per Share     Deadline         Deadline           
 16/5/2025    20/6/2025     $0.1646       2/6/2025         2/6/2025           


A proportionate quarterly dividend will be paid to the Special Voting Share,
based on its net asset value.

Shareholders may automatically reinvest cash dividends into PSH Public Shares
through a Dividend Reinvestment Programme (“DRIP”) whereby shares are
purchased in the open market by the administrator of the DRIP. Details about
the DRIP are available at
https://pershingsquareholdings.com/psh-dividend-information/
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fpershingsquareholdings.com%2Fpsh-dividend-information%2F&esheet=54247298&newsitemid=20250501688444&lan=en-US&anchor=https%3A%2F%2Fpershingsquareholdings.com%2Fpsh-dividend-information%2F&index=3&md5=5484f9f2b966e8a68d61035d69bad760)
and through shareholders’ brokers.

Dividends will be paid in US dollars unless a shareholder elects to be paid in
GBP. Shareholders electing GBP dividends must do so no later than the Currency
Election Deadline. Further details about the currency election are available
at Pershing Square Holdings’ website
https://pershingsquareholdings.com/psh-dividend-information/
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fpershingsquareholdings.com%2Fpsh-dividend-information%2F&esheet=54247298&newsitemid=20250501688444&lan=en-US&anchor=https%3A%2F%2Fpershingsquareholdings.com%2Fpsh-dividend-information%2F&index=4&md5=3a8e453ed386276a9e527a90b26a9011)
.

Additional Information

The payment of each dividend is subject to the Company being satisfied that
the following conditions are met:


 * the Company will meet the solvency requirements under Companies (Guernsey)
Law, immediately after the payment of the dividend;

 * the Company’s total indebtedness will be less than one-third of the
Company’s total capitalisation after the payment of the relevant interim
dividend.

The decision as to whether PSH pays a dividend in the future will be made by
the PSH Board with the consent of the Investment Manager. While PSH intends to
pay a quarterly dividend going forward, there is no guarantee that PSH will
continue to do so. PSH’s Board’s decision to pay a dividend should not be
interpreted to mean that PSH will be profitable in the future.

About Pershing Square Holdings, Ltd.

Pershing Square Holdings, Ltd. (LN:PSH) (LN:PSHD) is an investment holding
company structured as a closed-ended fund.

Category: (PSH:CorporateActions)

Media Contact 

Camarco 

Ed Gascoigne-Pees / Julia Tilley +44 (0)20 3781 8339,
MediaInquiries@pershingsquareholdings.com
(mailto:MediaInquiries@pershingsquareholdings.com)



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Pershing Square Holdings, Ltd.


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