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
5
June 2024
Result
OF ANNUAL GENERAL
MEETING
At the Annual General
Meeting of the Company held on 5 June
2024 all Ordinary
Resolutions set out in the Annual General Meeting Notice sent to
Shareholders dated 9 May 2024 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 |
274,311,363 |
7,453,803 |
2,386 |
0 |
2 |
245,409,579 |
7,453,803 |
28,900,099 |
4,071 |
3 |
273,826,845 |
7,453,803 |
481,755 |
5,149 |
4 |
273,988,822 |
7,453,803 |
29,574 |
295,353 |
5 |
274,006,007 |
7,453,803 |
12,389 |
295,353 |
6 |
274,006,007 |
7,453,803 |
12,389 |
295,353 |
7 |
274,006,007 |
7,453,803 |
12,389 |
295,353 |
8 |
273,511,796 |
7,453,803 |
506,601 |
295,353 |
9 |
273,961,166 |
7,453,803 |
46,777 |
305,806 |
10 |
271,599,937 |
7,453,803 |
2,711,621 |
2,192 |
Special
Resolution |
For |
Discretion
(voted in
favour) |
Against |
Abstain |
11 |
274,309,020 |
7,453,803 |
3,435 |
1,294 |
12 |
271,602,212 |
7,453,803 |
2,706,138 |
7,301 |
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 4,416,869 shares
designated as US Dollar shares and 53,804,834 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 2025 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) 2,946,543 shares designated
as US Dollar shares and 35,893,819 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