3 Jul 2020 13:03
HENDERSON INVESTMENT FUNDS LIMITED
HENDERSON ALTERNATIVE STRATEGIES TRUST PLC
LEGAL ENTITY IDENTIFIER: 213800J6LLOCA3CUDF69
3 July 2020
HENDERSON ALTERNATIVE STRATEGIES TRUST PLC (the ″Company″ or ″HAST″)
Result of Meeting
The Company announces that, at the general meeting held on 3 July 2020, the ordinary resolution set out in the notice of general meeting dated 17 June 2020 (summarised below) was duly passed on a poll.
Resolution - THAT the proposed new investment policy of the Company as described in Part 1 of the circular to Shareholders dated 24 February 2020 (the "Circular") be adopted as the investment policy of the Company with immediate effect and the existing investment policy be and is hereby replaced.
Proposals:
to modify the investment objective and policy of the Company with a view to realising the Company's assets in an orderly manner that achieves a balance between returning cash to Shareholders promptly and maximising value; and to amend the terms of the Investment Management Agreement between the Company and the Manager in order to reduce the management fee payable during the realisation process
The votes cast were as follows:
Votes for (including discretionary) | % | Votes against | % | Total votes cast | Votes cast (excluding votes withheld) as a percentage of total voting rights | Votes withheld | |
Resolution | 23,419,600 | 99.89 | 24,813 | 0.11 | 23,444,413 | 60.61 | 4,610 |
Details on the commencement of the asset realisation programme, together with the Fund Managers' expected timeframe, will be given in the Company's forthcoming Report and Accounts, and details will additionally be given monthly in the Company factsheets.
For the purposes of section 341 of the Companies Act 2006, the votes validly cast are expressed in the table above as a percentage of the Company's total voting rights as at 11.00 a.m. on 1 July 2020 (38,678,638), being the time at which a shareholder had to be registered in the register of members in order to vote at the General Meeting. A vote "withheld" is not a vote in law and has not been counted as a vote "for" or "against" a resolution.
The number of ordinary shares in issue at the date of this announcement is 38,678,638. There are no shares held in treasury. Therefore, as at the date of this announcement the number of voting rights in the Company are 38,678,638.
A copy of the poll results will be available on the Company's website shortly at: www.hendersonalternativestrategies.com
A copy of the resolution will be submitted to the National Storage Mechanism ("NSM") and will shortly be available for inspection on the NSM's website at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
For further information please contact:
Richard Gubbins Chairman: Henderson Alternative Strategies Trust plc Telephone: 020 7818 2025
| James de Sausmarez Director and Head of Investment Trusts Telephone: 020 7818 3349
|
Alex Barr Senior Portfolio Manager Telephone: 020 7818 2824
| Mark Bloomfield Corporate Broker: Stifel Nicolaus Europe Ltd Telephone: 020 7710 7600
|
Laura Thomas Investor Relations and PR Manager Henderson Investment Funds Limited Telephone: 020 7818 2636 |