Icg-longbow Regulatory News (LBOW)

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1 March 2017

ICG-Longbow Senior Secured UK Property Debt Investments Limited (the "Company")

Results of Extraordinary General Meeting (the "EGM")

Further to the announcement of 11 January 2017, the Company is pleased to announce that at the EGM held at 2.30 p.m. today, 1 March 2017, each of the resolutions in connection with the continuation vote and the proposed capital raise was duly passed without amendment. 

In accordance with LR 9.6.18, details of those resolutions passed at the EGM are as follows:

*A vote withheld is not a vote in law and is therefore not counted towards the proportion of votes "for" or "against" the Resolution.

 The full wording of these resolutions can be found below:-

Ordinary Resolutions

To be proposed as ordinary resolutions:

1. That the Company adopts the proposed changes to the Existing Investment Policy as described in the circular issued by the Company and dated 11 January 2017 (the "Circular"), such that with effect from the date of the passing of the Resolution the Existing Investment Policy is amended and restated to reflect the terms of the Revised Investment Policy set out in Section B of Part III of the Circular.

2. That conditional upon the passing of Resolution 1, the Company shall continue its business as a closed-ended collective investment scheme in accordance with and pursuant to the terms of article 51 of the Articles.

Special Resolutions

To be proposed as a special resolution:

3. That conditional upon the passing of Resolution 2, the Proposed Articles in the terms set out in Part IV of the Circular and reflecting the form produced to the meeting and signed by the Chairman for the purposes of identification, be adopted as the articles of incorporation of the Company in substitution for and to the exclusion of all existing articles of incorporation.

Extraordinary Resolutions

To be proposed as an extraordinary resolution:

4. That conditional upon the passing of Resolution 2, the directors be and are hereby authorised to allot and issue or make offers or agreements to allot and issue equity securities (as defined in the Articles) for cash pursuant to article 4.4 of the Articles or by way of a sale of treasury shares for cash as if the pre-emption provisions contained in article 6.2 of the Articles did not apply to any such issue or sale, provided that this power shall be limited to the allotment and issue of up to an aggregate of 40,000,000 Ordinary Shares, such authority to expire on the date that is twelve months after the date of publication of the Placing Programme Prospectus, unless such authority is renewed prior to this time, save that, in each case, the Company may make an offer or agreement before the authority expires which would or might require shares to be allotted and issued, or rights to subscribe for or to convert any security into shares to be granted, after the authority expires and the directors may allot and issue shares or grant such rights pursuant to any such offer or agreement as if the authority had not expired, and such authority shall be in addition to any other such authority granted to the directors from time to time.

Enquiries:

Further information on the Company can be found on its website at http://www.lbow.co.uk.