19 Jun 2020 13:33
Electra Private Equity PLCResults of General Meeting
19 June 2020
The Board of Electra Private Equity PLC (the "Company") is pleased to announce that at its general meeting held today (the "General Meeting") the resolution that the share premium account and the capital redemption reserve of the Company be cancelled was passed as a special resolution (the "Reduction of Capital Resolution").
The Reduction of Capital Resolution was voted on by way of a poll and the results were as follows:
Result of poll
Resolution | Votes For | %1 | Votes Against | %1 | Votes total | Proportion of the issued share capital of the Company represented by all votes (%)1 | Votes withheld2 |
Reduction of Capital Resolution | 28,284,439 | 99.86 | 39,657 | 0.14 | 28,324,096 | 73.99 | 7,683 |
Any proxy votes which were at the discretion of the chairman of the General Meeting have been included in the "for" total.
1 Percentages are expressed as a proportion of the total votes cast.
2 A vote withheld is not a vote in law and is not counted towards the votes "For" or "Against" the Resolutions, nor in the calculation of the total votes cast.
The results of the General Meeting (including this information) will shortly be available on the Company's website at www.electraequity.com.
A copy of the Reduction of Capital Resolution will shortly be submitted to the Financial Conduct Authority's Electronic Submission Service and can then be viewed on the National Storage Mechanism (NSM) at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
-ENDS-
For further information please visit www.electraequity.com or contact:
Gavin MansonChief Financial and Operating OfficerElectra Private Equity PLC17 Old Park LaneLondonW1K 1QTTel: 44 (20) 3874 8300