BH Macro Limited
(An authorised closed-ended collective investment scheme
incorporated in Guernsey with limited liability
with registration number
46235)
LEI Number:
549300ZOFF0Z2CM87C29
(The “Company”)
26 June 2018
RESULT OF ANNUAL
GENERAL MEETING
At the Annual General Meeting of the Company held on
21 June 2018, all Ordinary
Resolutions set out in the Annual General Meeting Notice sent to
Shareholders dated 21 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 |
4,820,072 |
5,010 |
5,193 |
0 |
2 |
4,679,278 |
5,010 |
145,987 |
0 |
3 |
4,679,278 |
5,010 |
145,987 |
0 |
4 |
4,820,072 |
5,010 |
5,193 |
0 |
5 |
4,794,688 |
5,010 |
30,577 |
0 |
6 |
4,820,072 |
5,010 |
5,193 |
0 |
7 |
4,433,076 |
5,010 |
392,189 |
0 |
8 |
4,820,072 |
5,010 |
5,193 |
0 |
9 |
4,820,072 |
5,010 |
5,193 |
0 |
Special Resolution |
For |
Discretion
(voted in favour) |
Against |
Abstain |
10 |
4,820,072 |
5,010 |
5,193 |
0 |
11 |
4,820,072 |
5,010 |
5,193 |
0 |
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 10
"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
413,480 shares designated as US Dollar shares and 2,108,119 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 2019 unless such authority is varied,
revoked or renewed prior to such date by a special resolution of
the Company in general meeting.”
Special Resolution 11
“That, in accordance with Article 6.4 of the Articles, the
Directors be empowered to allot and issue (or sell from treasury
275,837 shares designated as US Dollar shares and 1,406,350 shares
designated as Sterling shares (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 11 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 11 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