Blue Capital Global Reinsurance Fnd Result of AGM (7216E)

TIDMBCGR

RNS Number : 7216E

Blue Capital Global Reinsurance Fnd

10 May 2017

10 May 2017

Blue Capital Global Reinsurance Fund Limited (the "Company")

Results of Annual General Meeting

The Company is pleased to announce that at its Annual General Meeting held on 9 May 2017, all of the resolutions that were presented to shareholders were duly approved. Details of the votes validly cast are set out below:

 
  Ordinary Resolutions                               For        Against      Vote 
                                                                           Withheld* 
===============================================  ===========  ==========  =========== 
 1. Adoption of the audited financial 
  statements of the Company for the year 
  ended 31 December 2016                         132,664,314      0            0 
===============================================  ===========  ==========  =========== 
 2. Setting of the size of the Company's 
  Board of Directors at three (3) and 
  authorization to fill any vacancy on 
  the Board which may occur from time 
  to time as the Board may see fit               132,664,314      0            0 
===============================================  ===========  ==========  =========== 
 3. Re-election of Mr. John R. Weale             132,664,314      0            0 
===============================================  ===========  ==========  =========== 
 4. Re-election of Mr. Gregory D. Haycock        132,664,314      0            0 
===============================================  ===========  ==========  =========== 
 5. Re-election of Mr. George Cubbon             132,664,314      0            0 
===============================================  ===========  ==========  =========== 
 6. Appointment of Ernst & Young Ltd., 
  an independent registered public accounting 
  firm, as the Company's independent 
  auditor for 2017 and authorisation 
  of the Company's Board of Directors, 
  acting by the Company's Audit Committee, 
  to set the auditor's remuneration              132,664,314      0            0 
===============================================  ===========  ==========  =========== 
  7. Authorisation to make market acquisitions 
   of up to a maximum of 14.99% of the 
   Ordinary Shares in issue as at the 
   date of passing of this resolution            132,664,314      0            0 
===============================================  ===========  ==========  =========== 
  8. Authorisation to change the name 
   of the Company to Blue Capital Alternative 
   Income Fund Limited                           103,588,916  19,065,398   10,010,000 
===============================================  ===========  ==========  =========== 
 
   Special Resolutions 
===============================================  ===========  ==========  =========== 
  1. Authorisation to exclude the provisions 
   of Bye-Law 14.1 of the Company's Bye-Laws 
   in relation to the issue of up to an 
   aggregate number of Ordinary Shares 
   as represents 10 per cent. of the number 
   of Ordinary Shares in issue at the 
   date of the passing of this resolution        132,664,314      0            0 
===============================================  ===========  ==========  =========== 
 

The full text of the resolutions may be found in the Notice of Annual General Meeting dated 3 April 2017, which is included in the Company's Annual Report for the year ended 31 December 2016, a copy of which is available on the Company's website www.bcgr.bm.

* A Vote Withheld is not a vote in law and is not counted in the proportion of votes 'for' or 'against' a resolution.

Contacts

For investor enquiries please contact:

 
Blue Capital Management Ltd. 
 Michael J. McGuire                        [phone] 
Email: [e-mail] 
Stifel Nicolaus Europe Limited            [phone] 
Neil Winward 
Mark Bloomfield 
Tunga Chigovanyika 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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May 10, 2017 04:37 ET (08:37 GMT)