Secured Income Fund PLC Result of General Meeting (3501Z)
September 17 2020 - 10:15AM
UK Regulatory
TIDMSSIF
RNS Number : 3501Z
Secured Income Fund PLC
17 September 2020
Secured Income Fund Plc
LEI: 213800TR2S2TT6PKVH57
17 September 2020
SECURED INCOME FUND PLC
(the "Company")
Results of General Meeting
The Board of Secured Income Fund plc announces that, at the
general meeting of the Company held earlier today, all of the
proposed resolutions were approved by shareholders.
As a result, the Company has entered a Managed Wind-Down (as
defined in the circular to shareholders dated 20 August 2020 (the
"Circular")), the New Investment Policy has been adopted in
substitution for the existing Investment Objective and Investment
Policy and, as further set out in the Circular, the Board will
endeavour to realise the Company's investments in a manner that
achieves a balance between maximising the net value received from
those investments and making timely returns to Shareholders.
Defined terms have the meaning given to them in the
Circular.
Details of the number of proxy votes cast for, against and
withheld in respect of the Resolutions (each of which was held on a
poll) are set out below and will also be published on the Company's
website,
( https://kkvim.com/secured-income-fund/ )
For Discretion Against Withheld*
Resolution 1 (Ordinary
Resolution)
1, That the Company
adopt the New Investment
Policy, as set
out in Part 2 of
the Circular, in
substitution for
the existing Investment
Objective and Investment
Policy (both as
defined in the
Circular) of the
Company. 40,409,992 0 139,646 0
Resolution 2 (Special
Resolution)
2. That, with effect
from the date of
passing of resolution
2 and in accordance
with Article 190.3
of the Articles
of Association
of the Company,
the Managed Wind-Down
(as defined in
the Circular),
shall be approved. 40,409,992 0 139,643 0
Resolution 3 (Special
Resolution)
3. That the Articles
of Association
of the Company
be altered by the
deletion of Article
190.2 in its entirety. 40,409,992 0 139,643 0
*A vote withheld is not a vote in law and has not been counted
in the votes for and against the Continuation Resolution.
Alternate Director Appointment
The Board announces the appointment of Mr Douglas Armstrong as
an alternate independent, non-executive Director for Mr David
Stevenson with effect from the start of the General Meeting until
the conclusion of the General Meeting. Mr Armstrong is a solicitor
at Dickson Minto W.S., the Company's lawyers. Mr Armstrong acted as
Chairperson of the meeting.
There is no other information required to be disclosed pursuant
to paragraph 9.6.13R of the Listing Rules in relation to this
appointment.
Enquiries:
Directors
David Stevenson (Chair) tel: +44 7973 873785
Susan Gaynor Coley tel: +44 7977 130673
Brett Miller tel: +44 7770 447338
KKV Investment Management Ltd tel: +44 20 7429
Catherine Halford Riera 2200
Nicola Bird
finnCap Ltd. tel: +44 20 7220
Corporate Finance: William Marle / Giles Rolls 0500
Sales: Mark Whitfeld
Notes:
Neither the Company's website nor the content of any website
accessible from hyperlinks on those websites (or any other website)
is (or is deemed to be) incorporated into, or forms (or is deemed
to form) part of this announcement.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
ROMKKOBKPBKDKCD
(END) Dow Jones Newswires
September 17, 2020 11:15 ET (15:15 GMT)
Secured Income (LSE:SSIF)
Historical Stock Chart
From Feb 2024 to Mar 2024
Secured Income (LSE:SSIF)
Historical Stock Chart
From Mar 2023 to Mar 2024