BBGI SICAV S.A. Results of Annual General Meeting (6175M)

TIDMBBGI

RNS Number : 6175M

BBGI SICAV S.A.

30 April 2018

30 April 2018

BBGI SICAV S.A.

(the "Company")

Results of Annual General Meeting

BBGI SICAV S.A. (LSE ticker: BBGI), the international PPP infrastructure investment company, is pleased to announce that, at the seventh Annual General Meeting of the Company held today, 30 April 2018, each of the Resolutions was duly approved by shareholders.

Details of the votes validly cast are set out below:

 
             Ordinary Resolutions                    For        Against     Withheld 
                                                                                * 
----------------------------------------------  ------------  -----------  --------- 
       Presentation of the reports 
        of (i) the Management Board 
        and (ii) the Independent Auditor 
        on the Company's activities 
        during the financial year ended 
 1.     31 December 2017                         256,987,702       0           0 
----  ----------------------------------------  ------------  -----------  --------- 
       Review and approval of the standalone 
        financial statements of the 
        Company for the financial year 
        which ended on 31 December 2017, 
        allocation of the results and 
 2.     payment of a dividend                    256,987,702       0           0 
----  ----------------------------------------  ------------  -----------  --------- 
       Review and approval of the consolidated 
        financial statements of the 
        Company for the financial year 
 3.     which ended on 31 December 2017          240,803,015   16,184,686      0 
----  ----------------------------------------  ------------  -----------  --------- 
       Discharge and release (quitus) 
        to the external auditor, to 
        the current members of the Management 
        Board and to the current members 
        of the Supervisory Board of 
        the Company, for all their duties 
        during, and in connection with, 
        the financial year having started 
        on 1 January 2017 and having 
 4.     ended on 31 December 2017                256,987,702       0           0 
----  ----------------------------------------  ------------  -----------  --------- 
       Re-appointment of David Richardson 
        as a member of the Supervisory 
 5.     Board                                    255,592,040   1,395,661       0 
----  ----------------------------------------  ------------  -----------  --------- 
       Re-appointment of Colin Maltby 
        as a member of the Supervisory 
 6.     Board                                    256,987,702       0           0 
----  ----------------------------------------  ------------  -----------  --------- 
       Re-appointment of Howard Myles 
        as a member of the Supervisory 
 7.     Board                                    237,952,934   19,034,767      0 
----  ----------------------------------------  ------------  -----------  --------- 
       Re-appointment of KPMG as independent 
 8.     auditor of the Company                   256,423,404       0        564,297 
----  ----------------------------------------  ------------  -----------  --------- 
       Authorisation of the Management 
        Board to determine the remuneration 
 9.     of the independent auditor               256,987,702       0           0 
----  ----------------------------------------  ------------  -----------  --------- 
       Authorisation of the Management 
        Board to offer shareholders 
        the right to elect to receive 
        further ordinary shares in respect 
        of dividends declared for any 
        financial period or periods 
        of the Company ending prior 
 10.    to the 2019 AGM                          256,987,702       0           0 
----  ----------------------------------------  ------------  -----------  --------- 
              Special Resolutions 
----------------------------------------------  ------------  -----------  --------- 
       Authorisation of the Company 
        to make market purchases of 
 11.    its own shares                           256,561,330    426,372        0 
----  ----------------------------------------  ------------  -----------  --------- 
       Authorisation of the Management 
        Board to allot up to the aggregate 
        number of shares representing 
        less than 10% of the shares 
        in the Company already admitted 
        to trading on the London Stock 
 12.    Exchange                                 256,987,702       0           0 
----  ----------------------------------------  ------------  -----------  --------- 
 13.   Delegation of Powers                      256,987,702       0           0 
----  ----------------------------------------  ------------  -----------  --------- 
 

The full text of the resolutions may be found in the Convening Notice to Annual General Meeting dated 29 March 2018, copies of which are available on both the Company's website www.bb-gi.com ** and on the National Storage Mechanism www.morningstar.co.uk/uk/nsm **.

A copy of the Special Resolutions passed at the Annual General Meeting has been submitted to the National Storage Mechanism and is now available for inspection at www.morningstar.co.uk/uk/nsm **.

The Results will also be available shortly for viewing on the Company's website www.bb-gi.com **.

For further information, please contact:

   BBGI Management Team                         [phone] 

Duncan Ball

Frank Schramm

BBGI owns a global portfolio of 43 infrastructure assets. These are PPP assets and are supported by contracted, public sector-backed revenue streams, with inflation-protection characteristics.

Further information about BBGI is available on its website at www.bb-gi.com **.

Any reference to the Company or BBGI refers also to its subsidiaries (where applicable).

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

** 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.

This information is provided by RNS

The company news service from the London Stock Exchange

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April 30, 2018 10:23 ET (14:23 GMT)