NY PERSHING SQUARE: Pershing Square Holdings, Ltd. Holds Annual General Meeting and Confirms Second Quarter 2021 Dividend for...

TIDMPSH 
 
 

Pershing Square Holdings, Ltd. (LN:PSH) (LN:PSHD) (NA:PSH) today held its Annual General Meeting of shareholders ("AGM") at Trafalgar Court, Les Banques, St. Peter Port, Guernsey, GY1 3QL. At the AGM, shareholders passed resolutions to: receive the annual report and the financial statements, renew PSH's share buyback authority, re-appoint PSH's auditor, authorize the Directors to determine the remuneration of the auditor, permit the disapplication of shareholders' pre-emption rights for any share issuance of 10% or less, re-elect PSH's current directors with the exception of Richard Battey and Richard Wohanka, and elect Tope Lawani, Rupert Morley and Tracy Palandjian as directors of the Company. All resolutions were passed on a poll. In accordance with the tenure policy of the Board, Mr. Battey, who has served as a Director for nine years, retired at the AGM and did not offer himself up for re-election. Mr. Wohanka, who has served as a Director for three years, retired at the AGM and did not offer himself up for re-election due to other commitments.

The specifics of those resolutions can be can be found in the Notice of Annual General Meeting available on the Company's website: https://pershingsquareholdings.com/company-reports/notices-shareholders/.

The results of the proxy voting of PSH's Public Share are noted in the chart below. A vote withheld is not a vote in law and has not been counted in the votes for or against a resolution. PS Independent Voting Company Limited ("VoteCo") voted its Special Voting Share in favour of the resolutions. The percentages in the chart aggregate the results of voting by the Public Shares and VoteCo. VoteCo is not permitted to vote on resolutions 4 and 11 which are Specified Matters for purposes of the UK Listing Rules.

 
Resolution                            For           Against     Votes Withheld 
Resolution 1: Receive the annual report and the financial statements 
Ordinary Resolution of all Voting     108,872,656   0 
 Shares                                100.00%       0.00%      735 
Resolution 2: To re--appoint the Company's auditor 
Ordinary Resolution of all Voting     108,796,402   75,104 
 Shares                                99.98%        0.02%      1,885 
Resolution 3: To authorise the directors to determine the remuneration of the 
auditor 
Ordinary Resolution of all Voting     108,803,918   68,248 
 Shares                                99.98%        0.02%      1,225 
Resolution 4: To re-elect Nicholas Botta as a Director 
Ordinary Resolution of the holders    105,960,416   2,909,177 
 of Public Shares                      97.33%        2.67%      3,798 
Resolution 5: To re-elect Anne Farlow as a Director 
Ordinary Resolution of all Voting     106,011,961   2,857,632 
 Shares                                99.07%        0.93%      3,798 
Resolution 6: To re-elect Bronwyn Curtis as a Director 
Ordinary Resolution of all Voting     108,598,769   270,824 
 Shares                                99.91%        0.09%      3,798 
Resolution 7: To re-elect Andrew Henton as a Director 
Ordinary Resolution of all Voting     108,869,208   385 
 Shares                                100.00%       0.00%      3,798 
Resolution 8: To elect Tope Lawani as a Director 
Ordinary Resolution of all Voting     101,742,083   7,126,756 
 Shares                                97.69%        2.31%      4,552 
Resolution 9: To elect Rupert Morley as a Director 
Ordinary Resolution of all Voting     108,868,329   510 
 Shares                                100.00%       0.00%      4,552 
Resolution 10: To elect Tracy Palandjian as a Director 
Ordinary Resolution of all Voting     108,868,413   426 
 Shares                                100.00%       0.00%      4,552 
Resolution 11: Authorising the Company to buy back shares 
Special Resolution of the holders of  108,855,129   17,527 
 Public Shares                         99.98%        0.02%      735 
Resolution 12: Permitting the disapplication of pre-emption rights 
Special Resolution of all Voting      108,857,660   14,996 
 Shares                                100.00%       0.00%      735 
 

A copy of the resolutions passed at the AGM has been submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

PSH also confirmed today that the next quarterly dividend of $0.10 per Public Share, as previously announced, is payable as follows:

 
Record Date  Payment Date  USD Dividend  DRIP Enrollment  Currency Election 
                            Per Share     Deadline         Deadline 
21/5/2021    18/6/2021     $0.10         28/5/2021        21/5/2021 
 

A proportionate quarterly dividend will be paid to the Special Voting Share, based on its net asset value.

Shareholders may automatically reinvest cash dividends into PSH Public Shares through a Dividend Reinvestment Programme ("DRIP"). Details about the DRIP are available at https://pershingsquareholdings.com/psh-dividend-information/ and through shareholders' brokers.

Dividends will be paid in US dollars unless a shareholder elects to be paid in GBP. Interested shareholders must elect GBP no later than the Currency Election Deadline. Further details about the currency election, including how to select GBP, are available at Pershing Square Holdings' website https://pershingsquareholdings.com/psh-dividend-information/.

About Pershing Square Holdings, Ltd.

Pershing Square Holdings, Ltd. (LN:PSH) (LN:PSHD) (NA:PSH) is an investment holding company structured as a closed--ended fund that makes concentrated investments principally in North American domiciled companies.

Media Contact

Camarco

Ed Gascoigne--Pees / Hazel Stevenson [phone], [e-mail]

Category: (PSH:CorporateActions)

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    SOURCE: Pershing Square Holdings, Ltd. 
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(END) Dow Jones Newswires

April 29, 2021 02:00 ET (06:00 GMT)