TwtyFr SelMth Inc Fd Result of EGM

 
TIDMSMIF 
 
TWENTYFOUR SELECT MONTHLY INCOME FUND LIMITED 
 (a closed-ended investment company incorporated in Guernsey with registration 
                                 number 57985 
               and legal entity identifier 549300P9Q5O2B3RDNF78) 
 
                                ("the Company") 
 
                               13 September 2017 
 
                    RESULT OF EXTRAORDINARY GENERAL MEETING 
 
 
At the Extraordinary General Meeting held today, the Extraordinary Resolutions 
set out in the Extraordinary General Meeting Circular sent to Shareholders 
dated 11 August 2017 were duly passed, the full resolution text as shown below. 
 
The proxy votes received on each resolution proposed at the AGM were as 
follows. A vote withheld is not a vote in law and has not been counted in the 
votes for and against a resolution. 
 
Extraordinary Resolution 1                            For      Against    Withheld 
 
THAT, the Directors of the Company be and they 
are hereby generally empowered, to allot and 
issue, to grant rights to subscribe for, or to    45,455,005     860     5,314,338 
convert and make offers or agreements to allot 
equity shares (as detailed in Article 6.2 of the 
Company's articles of incorporation (the " 
Articles") for cash as if the pre-emption rights 
contained in the Articles in respect of such 
equity securities did not apply to any such 
allotment, provided that this power shall be 
limited to: 
 
     a. expires at the conclusion of the next 
        Annual General Meeting of the Company 
        after the passing of this resolution or 
        on the expiry of 15 months from the 
        passing of this resolution, whichever is 
        the earlier, save that the Company may, 
        before such expiry, make an offer or 
        agreement which would or might require 
        equity securities to be allotted after 
        such expiry and the Directors may allot 
        equity securities in pursuance of any 
        such offer or agreement as if the power 
        conferred hereby had not expired; and 
 
     b. shall be limited to the allotment of 
        equity securities up to an aggregate 
        nominal value of 16,092,915 being 
        approximately 10 per cent of the nominal 
        value of the issued share capital of the 
        Company, as at 8 August 2017. 
 
Extraordinary Resolution 2                            For      Against    Withheld 
 
THAT, conditional on extraordinary resolution 1 
above having been passed, the Directors of the 
Company be and they are hereby generally          38,422,638  6,947,959  5,402,028 
empowered, in addition to and without prejudice 
to the power granted by extraordinary resolution 
1 above, to allot and issue, to grant rights to 
subscribe for, or to convert and make offers or 
agreements to allot equity shares (as detailed in 
Article 6.2 of the Articles) for cash as if the 
pre-emption rights contained in the Articles in 
respect of such equity securities did not apply 
to any such allotment, provided that this power 
shall be limited to: 
 
     a. expires at the conclusion of the next 
        Annual General Meeting of the Company 
        after the passing of this resolution or 
        on the expiry of 15 months from the 
        passing of this resolution, whichever is 
        the earlier, save that the Company may, 
        before such expiry, make an offer or 
        agreement which would or might require 
        equity securities to be allotted after 
        such expiry and the Directors may allot 
        equity securities in pursuance of any 
        such offer or agreement as if the power 
        conferred hereby had not expired; and 
 
     b. shall be limited to the allotment of 
        equity securities up to an aggregate 
        nominal value of 16,092,915 being 
        approximately 10 per cent of the nominal 
        value of the issued share capital of the 
        Company, as at 8 August 2017. 
 
 
In accordance with Listing Rule 9.6.2, the Extraordinary Resolution passed at 
the Extraordinary General Meeting has been submitted to the National Storage 
Mechanism and will shortly be available for inspection at http:// 
www.morningstar.co.uk/uk/NSM 
 
 
Enquiries: 
Northern Trust International Fund Administration Services (Guernsey) Limited 
The Company Secretary 
Trafalgar Court 
Les Banques 
St Peter Port 
Guernsey 
GY1 3QL 
 
Tel:      [phone] 
 
END 
 
 
 
 
END 
 

(END) Dow Jones Newswires

September 13, 2017 09:04 ET (13:04 GMT)