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TPOG - Third Point Offshore Investors News Story

1510p 5.0  0.3%

Last Trade - 26/07/18

Mid Cap
Market Cap £739.8m
Enterprise Value £739.8m
Revenue £330.5m
Position in Universe th / 1803

Third Point Offshore: Result of AGM

Third Point Offshore Investors Limited
(a closed-ended investment incorporated in Guernsey with registration number
LEI Number: 549300WXTCG65AQ7V644 Renewal Date- 20/12/2018
(The “Company”)

28 June 2018


At the Annual General Meeting of the Company held on, all Ordinary Resolutions
set out in the Annual General Meeting Notice sent to Shareholders dated 30 May
2018 were duly passed.

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

 Ordinary Resolution      For     Discretion  (voted in favour)   Against   Abstain  
          1           52,648,394                0                    0         0     
          2           52,648,394                0                    0         0     
          3           52,648,364                0                    30        0     
          4           52,648,394                0                    0         0     
          5           48,854,233                0                3,794,161     0     
          6           52,648,364                0                    30        0     
          7           52,242,490                0                 405,904      0     
          8           48,854,233                0                3,794,161     0     
  Special Resolution      For     Discretion  (voted in favour)   Against   Abstain  
          9           52,648,394                0                    0         0     

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:


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:
1.  the maximum number of Shares hereby authorised to be purchased shall be
14.99% of each class of Shares in issue at the date of this document;
2.   the minimum price (exclusive of expenses) which may be paid for a Share
shall be 50 per cent of the Net Asset Value (as defined in the Articles);
3. 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 mark 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:
4. 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
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.


Company Website:

Northern Trust International Fund Administration Services (Guernsey) Limited
The Company Secretary
Trafalgar Court
Les Banques
St Peter Port

Tel:        01481 745001

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