Prosperity Voskhod Fund Limited Prosperity Voskhod Fund Limited : Result Of Agm

 
TIDMPVF 
 
 
   29 May 2014 
 
   Prosperity Voskhod Fund Limited 
 
   (a closed-ended investment company incorporated with limited liability 
under the laws of Guernsey with registered number 45426) 
 
   AGM Results 
 
   The Board of Directors of the Company is pleased to announce that, at 
the Annual General Meeting of the Company held on Thursday, 29 May 2014, 
all the resolutions were duly passed by shareholders.  Shareholders 
holding 11,760,852 shares, being 13.54% of the shares in issue, were 
represented at the meeting.  Votes were as follows, the stated 
percentages being of those votes cast: 
 
   ORDINARY RESOLUTIONS 
 
 
   1. THAT the Directors' report and financial statements for the period ended 
      31 December 2013 be and are hereby received and adopted. (7,039,594 
      (98.93%) votes cast in favour, 75,964 (1.07%) against and 4,645,294 
      withheld). 
 
   2. THAT KPMG Channel Islands Limited be and are hereby re-appointed as 
      auditors of the Company.  (11,760,852 (100%) votes cast in favour, none 
      against and none withheld). 
 
   3. THAT the Directors be and are hereby authorised to fix the remuneration 
      of the auditors. (11,760,852 (100%) votes cast in favour, none against 
      and none withheld). 
 
   4. THAT Mr Julian Reid be and is hereby re-appointed as a director. 
      (11,760,852 (100%) votes cast in favour, none against and none 
      withheld). 
 
   5. THAT the Directors be and are hereby authorised to fix the remuneration 
      of the Directors. (11,760,852 (100%) votes cast in favour, none against 
      and none withheld). 
 
   6. THAT the Company be and is hereby generally and unconditionally 
      authorised to acquire its own shares by way of one or more market 
      purchases in any manner in accordance with The Companies (Guernsey) Law, 
      2008, as amended (the "Law"), provided that: 
 
   7. the maximum aggregate number of shares hereby authorised to be acquired 
      shall be up to an aggregate of 19,656,417 shares or such number as shall 
      represent 14.99 per cent. of the Company's issued ordinary share capital 
      (rounded down to the nearest whole number) as at the date of the AGM, 
      whichever is the lesser (in each case excluding shares held in 
      treasury); 
 
   8. shares may be acquired at any time in which the ordinary shares trade at 
      a discount to net asset value of greater than 10 per cent. for 20 
      consecutive business days as determined by the manager of the Company's 
      assets; 
 
   9. the Company shall pay no less than the nominal or par value for an 
      ordinary share and no more than 5 per cent. above the average of the 
      middle market quotation as derived from the daily official list of the 
      London Stock Exchange plc for the five business days immediately 
      preceding the day on which that ordinary share is acquired, provided that 
      the Company shall not be authorised to acquire shares at a price above 
      the prevailing net asset value per share on the date of purchase; 
 
  10. subject to the provisions of the Law, any of the Company's shares so 
      acquired may be cancelled or held by the Company as treasury shares; 
 
  11. unless previously renewed, varied or revoked, the authority hereby 
      conferred by this resolution shall expire on the earlier of the 
      conclusion of the next AGM of the Company or on 31 December 2015; and 
 
  12. the Company may make a contract or contracts to acquire its own shares 
      under the authority hereby conferred prior to the expiry of such 
      authority which will or may be executed wholly or partly after the expiry 
      of such authority and may acquire its own shares in pursuance of any such 
      contract or contracts. 
 
 
   (11,760,852 (100%) votes cast in favour, none against and none 
withheld). 
 
   Enquiries: 
 
   Julian Reid, Chairman 
 
   Mobile telephone: [phone] 
 
   Cenkos Securities plc (NOMAD) 
 
   Will Rogers 
 
   0207 397 1920 
 
   Stephen Keys 
 
   0207 397 8926 
 
   Prosperity Capital Management (UK) Limited 
 
   Akshay Bhutiani 
 
   020 7299 6950 
 
   This announcement is distributed by NASDAQ OMX Corporate Solutions on 
behalf of NASDAQ OMX Corporate Solutions clients. 
 
   The issuer of this announcement warrants that they are solely 
responsible for the content, accuracy and originality of the information 
contained therein. 
 
   Source: Prosperity Voskhod Fund Limited via Globenewswire 
 
   HUG#1789396 
 
 
  http://prosperitycapital.com/PVF