29 Jun 2018 13:53
29 June 2018
Aberdeen Private Equity Fund Limited
Results of Extraordinary General Meeting and Cancellation of Listing
The Board of Aberdeen Private Equity Fund Limited announces that, at the Extraordinary General Meeting of the Company held today, 29 June 2018, all resolutions were duly passed. Accordingly the Company will now be placed into voluntary liquidation.
The Cancellation of the listing of the Company's shares will become effective at 8.00 am on 2 July 2018.
Following conclusion of the Extraordinary General Meeting Howard Myles, David Copperwaite and Philip Hebson resigned from their positions as Directors with immediate effect.
Details of the proxy votes lodged are set out below:
Special Resolution | For* | Against | Withheld** |
1. That that the Company be and is hereby wound up voluntarily pursuant to Section 391(1)(b) of The Companies (Guernsey) Law, 2008, as amended. | 5,762,281 | 3,375 | 0 |
Ordinary Resolutions | |||
2. That James Toynton and Benjamin Rhodes of Grant Thornton be and are hereby appointed as joint liquidators for the purpose of the winding up of the Company. | 5,761,782 | 3,375 | 499 |
3. That the remuneration of the Liquidators be determined on the basis of time properly spent by them and members of their staff in attending to matters arising prior to and during the winding up of the Company. | 5,759,493 | 5,664 | 499 |
4. That the Liquidators shall be empowered to: i. make such distributions to Shareholders as they think fit; and ii. following all the payments made in accordance with the above, pay the balance of distributable amounts to the Royal National Lifeboat Institution. | 5,751,906 | 5,144 | 8,606 |
5. That the Company's books and records be held by the secretary of the Company to the order of the Liquidators until the expiry of six years after the date of dissolution of the Company. | 5,762,281 | 3,375 | 0 |
Notes:
The full text of the Extraordinary General Meeting resolutions may be found in the Notice of Extraordinary General Meeting contained in the Circular dated 1 February 2018, copies of which are available on both the Company's website www.aberdeenprivateequity.co.uk and on the National Storage Mechanism www.morningstar.co.uk/uk/NSM***
A copy of the Special Resolutions passed at the Extraordinary General Meeting has been submitted to the National Storage Mechanism and will shortly be available for inspection at www.morningstar.co.uk/uk/NSM***
* Includes discretionary votes received.
** 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
Enquiries:
Company Secretary and Administrator
Ipes (Guernsey) Limited
Nicholas Robilliard
01481 713843