TwentyFour Inc Fd Result of EGM

 
TIDMTFIF 
 
TwentyFour Income Fund Limited 
 (a closed-ended investment company incorporated in Guernsey with registration 
                                number  56128) 
                       LEI Number: 549300CCEV00IH2SU369 
 
                                (The "Company") 
 
                                  10 May 2019 
 
                    RESULT OF EXTRAORDINARY GENERAL MEETING 
 
At the Extraordinary General Meeting of the Company held today, 10 May 2019, 
all Resolutions set out in the Extraordinary General Meeting Notice sent to 
Shareholders dated 15 April 2019 were duly passed. 
 
Details of the proxy voting results which should be read along side the Notice 
are noted below: 
 
       Resolution             For         Discretion        Against       Abstain 
                                       (voted in favour) 
 
Special Resolution 1      280,940,096          0             75,000        38,270 
 
Extraordinary Resolution  278,678,290          0           2,336,806       38,270 
2 
 
Ordinary Resolution 3     278,995,671          0           2,019,425       38,270 
 
Ordinary Resolution 4     280,940,096          0             75,000        38,270 
 
Note - A vote withheld is not a vote in law and has not been counted in the 
votes for and against a resolution. 
 
Special Resolution 1 
 
THAT, conditional on all other Resolutions being passed, and subject to the 
Financial Conduct Authority ("FCA") having approved the changes to be effected 
by this resolution pursuant to the applicable requirements of the Alternative 
Investment Fund Managers Directive (2011/61 EU) ("AIFMD") as implemented in the 
FCA Handbook or the period specified pursuant to AIFMD having expired without 
the FCA having objected to such changes, the Articles of Incorporation in the 
form produced to the Meeting and initialled for identification by the Chairman 
of the Meeting be adopted as the Articles of Incorporation of the Company in 
substitution for and to the exclusion of all previous articles of 
incorporation. 
 
Extraordinary Resolution 2 
 
THAT, conditional on all other Resolutions being passed and in substitution of 
all existing powers (but in addition to any power conferred on them by ordinary 
resolution 3 below ), the Directors be and are authorised generally and 
unconditionally in accordance with Article 6.7 of the Articles to exercise all 
powers of the Company to issue equity securities (as defined in Article 6.1.1 
(a)) for cash as if the members' pre-emption rights contained in Article 6.2 of 
the Articles did not apply to any such issue pursuant to the general authority 
conferred on them by the ordinary resolution 3 below (as varied from time to 
time by the Company in a general meeting): 
 
2.1          pursuant to an offer of equity securities open for acceptance for 
a period fixed by the Directors where the equity securities respectively 
attributable to the interests of holders of ordinary redeemable shares of GBP0.01 
each in the capital of the Company ("Ordinary Shares") are proportionate (as 
nearly as may be) to the respective numbers of Ordinary Shares held by them but 
subject to such exclusions or other arrangements in connection with the issue 
as the Directors may consider necessary, appropriate or expedient to deal with 
equity securities representing fractional entitlements or to deal with legal or 
practical problems arising in any overseas territory, the requirements of any 
regulatory body or stock exchange, or any other matter whatsoever; and 
 
2.2          provided that (otherwise than pursuant to sub-paragraph (a) above) 
this power shall be limited to the allotment of equity securities of up to up 
to 150 million new Ordinary Shares in connection with the issue of new Ordinary 
Shares described in the prospectus relating to the Company published on or 
around 15 April 2019 (the "Prospectus") (the "Issue");              and (ii) up 
to 150 million new Ordinary Shares in connection with the proposed placing 
              programme of new Ordinary Shares described in the Prospectus (the 
"Placing           Programme") and such power hereby conferred shall expire on 
14 April 2020, save that the Company may, before such expiry, make offers or 
agreements which would or might require equity securities to be issued after 
such expiry and the Directors may issue equity securities in pursuance to such 
offers or agreements as if the authority conferred hereby had not expired. 
 
 
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

May 10, 2019 07:08 ET (11:08 GMT)