Chenavari Capital Solutions Limited Notice of AGM (3817W)

TIDMCCSL

RNS Number : 3817W

Chenavari Capital Solutions Limited

08 February 2017

Chenavari Capital Solutions Limited (the Company)

8 February 2017

Audited Financial Statements (Report) and Notice of Annual General Meeting (AGM)

Further to the Company's results announcement dated 20 January 2017, the Directors confirm that the Audited Annual Report for year ended 30 September 2016 (the Period) was posted to shareholders on 8 February 2017.

The Company also announces that it has posted a notice to shareholders (the Letter) providing details of the forthcoming AGM, to be held on 28 March 2017 at 1.00pm.

Ordinary Business

The ordinary business of the meeting includes resolutions to receive and adopt the Report, re-elect all directors who are retiring, approve the reappointment of the Auditors, Deloitte LLP, as auditors of the Company and to authorise and agree the remuneration of the Auditors.

In addition the current authority to repurchase ordinary shares in the Company (the Shares) will terminate at the conclusion of the AGM. Accordingly, shareholders are invited to continue the authority granted by ordinary resolution prior to Admission by authorising the Company to make market purchases of up to 14.99% of the Shares in issue, provided that the maximum price (exclusive of expenses) which may be paid for a Share must not be more than the higher of (i) 105 per cent. of the average of the middle market quotations for a Share (as published by the London Stock Exchange) for the five trading days immediately preceding the day on which the Share is contracted to be purchased; or (ii) the amount stipulated by Article 5(1) of the Buy-back and Stabilisation Regulation 2003. Any such purchase will be carried out in accordance with the Law, which provides inter alia, that any buy-back is subject to the Company passing the solvency test contained in the Law at the relevant time. The minimum price payable per Share is GBP0.01. This authority shall expire at the AGM of the Company in 2018, unless such authority is renewed, varied or revoked prior to such time. Shares bought back may be held in treasury in accordance with the Law or be subsequently cancelled by the Company.

Notice of AGM

Shareholders will find set out in the Letter due notice convening the AGM to be held at 1.00pm on 28 March 2017 at Old Bank Chambers, La Grande Rue, St Martin's, Guernsey GY4 6RT at which the ordinary resolutions referred to above will be proposed.

Copies of the following documents have been submitted to the National Storage Mechanism (NSM) and will shortly be available for inspection at www.morningstar.co.uk/uk/NSM:

   --     The Report for the Period 
   --     The Letter providing notice of the 2017 AGM 
   --     The Proxy Form for the 2017 AGM 

Each of the above mentioned documents are also now available to view on, and download from the Company's website at http://www.chenavaricapitalsolutions.com/documents. Neither the NSM website nor 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.

Further information in relation to the Company is available at:

http://www.chenavaricapitalsolutions.com/

Enquiries:

Kirstie Sumarno

Chenavari Investment Managers

Email: [e-mail]

Telephone: [phone]

This information is provided by RNS

The company news service from the London Stock Exchange

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February 08, 2017 12:00 ET (17:00 GMT)