Chrysalis Investments Limited Result of AGM and Service Provider Update (5460R)

TIDMCHRY

RNS Number : 5460R

Chrysalis Investments Limited

08 March 2021

The information contained in this announcement is restricted and is not for publication, release or distribution in the United States of America, any member state of the European Economic Area (other than to professional investors in the Republic of Ireland), Canada, Australia, Japan or the Republic of South Africa.

8 March 2021

Chrysalis Investments Limited ("Chrysalis" or the "Company")

Result of Annual General Meeting

Service Provider update

Chrysalis Investments Limited announces the results of voting on the resolutions at its Annual General Meeting ("AGM") held at 09:00 Hrs on Monday, 8 March 2021.

A poll was held on each resolution and all resolutions were passed by the required majority.

 
                                            FOR                AGAINST           TOTAL        VOTES 
                                                                                 VOTES       WITHHELD* 
 
 ORDINARY RESOLUTIONS                   Votes        %        Votes      % 
                                   ------------  -------  ----------  ----- 
      1. To receive the 
       Company's Financial 
       Report and Audited 
       Financial Statements 
       for the period from 
       1 October 2019 to 
       30 September 2020.           229,798,449   100.00       0       0      229,798,449       0 
                                   ------------  -------  ----------  -----  ------------  ----------- 
      2. To approve the 
       remuneration of the 
       Directors for the 
       period ended 30 September 
       2020, as set out in 
       the Directors' Report.       229,323,227   99.79     475,222    0.21   229,798,449       0 
                                   ------------  -------  ----------  -----  ------------  ----------- 
      3. To re-appoint KPMG 
       Channel Islands Limited 
       as auditor to the 
       Company until the 
       conclusion of the 
       next general meeting 
       at which accounts 
       are laid before the 
       Company.                     229,325,227   99.79     473,222    0.21   229,798,449       0 
                                   ------------  -------  ----------  -----  ------------  ----------- 
      4. To authorise the 
       Directors to determine 
       the remuneration of 
       the Auditor.                 229,651,263   100.00     3,266     0.00   229,654,529    143,920 
                                   ------------  -------  ----------  -----  ------------  ----------- 
      5. To re-elect Mr 
       Andrew Haining as 
       a Director of the 
       Company who retires 
       by rotation in accordance 
       with Article 23.5 
       of the Articles.             229,798,449   100.00       0       0.00   229,798,449       0 
                                   ------------  -------  ----------  -----  ------------  ----------- 
      6. To re-elect Mr 
       Stephen Coe as a Director 
       of the Company who 
       retires by rotation 
       in accordance with 
       Article 23.5 of the 
       Articles.                    229,798,449   100.00       0        0     229,798,449       0 
                                   ------------  -------  ----------  -----  ------------  ----------- 
      7. To re-elect Mrs 
       Anne Ewing as a Director 
       of the Company who 
       retires by rotation 
       in accordance with 
       Article 23.5 of the 
       Articles.                    228,926,312   99.62     872,137    0.38   229,798,449       0 
                                   ------------  -------  ----------  -----  ------------  ----------- 
      8. To re-elect Mr 
       Tim Cruttenden as 
       a Director of the 
       Company who retires 
       by rotation in accordance 
       with Article 23.5 
       of the Articles.             229,798,449   100.00       0        0     229,798,449       0 
                                   ------------  -------  ----------  -----  ------------  ----------- 
      9. To re-elect Mr 
       Simon Holden as a 
       Director of the Company 
       who retires by rotation 
       in accordance with 
       Article 23.5 of the 
       Articles.                    228,053,978   99.24    1,744,471   0.76   229,798,449       0 
                                   ------------  -------  ----------  -----  ------------  ----------- 
       SPECIAL RESOLUTIONS                  FOR                AGAINST           TOTAL        VOTES 
                                                                                 VOTES       WITHHELD* 
                                   ---------------------  -----------------  ------------  ----------- 
 
                                        Votes        %        Votes      % 
                                   ------------  -------  ----------  -----  ------------  ----------- 
      1. To authorise the 
       Company to make market 
       acquisitions of its 
       own Ordinary Shares, 
       such authority to 
       expire at the annual 
       general meeting of 
       the Company to be 
       held in 2022 or, if 
       earlier, the date 
       falling eighteen months 
       from the passing of 
       this resolution.             229,755,880   99.98     42,568     0.02   229,798,448       0 
                                   ------------  -------  ----------  -----  ------------  ----------- 
 

*A 'vote withheld' is not a vote in law and is not counted towards the proportion of votes 'for' and 'against' a resolution.

As at the date of the AGM, the number of ordinary shares in issue, and therefore the total number of voting rights was 400,931,613.

Change of AIFM

The Board also announces a change to the Company's alternative investment fund manager ("AIFM"). The current AIFM, Maitland Institutional Services ("Maitland") has been given notice to terminate its appointment. The Company intends to appoint a member of Jupiter Investment Management Limited's (the "Investment Adviser") group as its alternative investment fund manager during the first half of 2021. Maitland's appointment will terminate on such transition taking effect and this change will not impact the provision of services to the Company by the existing management team at the Investment Adviser. The Board would like to thank Maitland for its services over the period since IPO.

 
 For further information, please 
  contact: 
 
  Media:                                   [phone] 
  Montfort Communications                  [e-mail] 
  Charlotte McMullen/ Toto Reissland- 
  Burgh art/ Miles McKenzie 
 Jupiter Asset Management: 
  Magnus Spence                          [phone] 
 Liberum: 
  Gillian Martin / Owen Matthews         [phone] 
 Numis: 
  Nathan Brown/ Matt Goss                [phone] 
 Maitland Administration (Guernsey) 
  Limited: 
  Elaine Smeja / Aimee Gontier           [phone] 
 

LEI: 213800F9SQ753JQHSW24

A copy of this announcement will be available on the Company's website at

https://www.jupiteram.com/uk/en/professional/chrysalis-investments-limited/

The information contained in this announcement regarding the Company's investments has been provided by the relevant underlying portfolio company and has not been independently verified by the Company. The information contained herein is unaudited.

This announcement is for information purposes only and is not an offer to invest. All investments are subject to risk. Past performance is no guarantee of future returns. Prospective investors are advised to seek expert legal, financial, tax and other professional advice before making any investment decision. The value of investments may fluctuate. Results achieved in the past are no guarantee of future results. Neither the content of the Company's website, nor the content on any website accessible from hyperlinks on its website for any other website, is incorporated into, or forms part of, this announcement nor, unless previously published by means of a recognised information service, should any such content be relied upon in reaching a decision as to whether or not to acquire, continue to hold, or dispose of, securities in the Company.

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March 08, 2021 11:57 ET (16:57 GMT)