17 Jun 2020 15:10
LIFE SETTLEMENT ASSETS PLC
LEI: 2138003OL2VBXWG1BZ27
(the "Company" or "LSA")
Result of Annual General Meeting
LSA, a closed-ended investment company which manages portfolios of whole and fractional interests in life settlement policies issued by life insurance companies operating predominantly in the United States, is pleased to announce that, at its annual general meeting ("AGM") and the class meeting for A Ordinary Shares held earlier today, all of the resolutions proposed in the notice of the AGM and notice for Class A Ordinary Shareholders were duly passed on a poll.
Details of the voting on each Resolution at the AGM was as follows:
| TOTAL VOTES FOR | TOTAL VOTES AGAINST |
|
|
|
Resolution 1 | 18,991,044 | -- |
Resolution 2 | 18,991,044 | -- |
Resolution 3 | 18,991,044 | -- |
Resolution 4 | 16,843,047 | 2,147,997 |
Resolution 5 | 18,991,044 | -- |
Resolution 6 | 16,843,047 | 2,147,997 |
Resolution 7 | 18,991,044 | -- |
Resolution 8 | 18,991,044 | -- |
Resolution 9 | 18,991,044 | -- |
Resolution 10 | 18,991,044 | -- |
Resolution 11 | 18,991,044 | -- |
Resolution 12 | 18,991,044 | -- |
Resolution 13 | 18,991,044 | -- |
Voting at the class meeting for the A Ordinary Shareholders was as follows:
| TOTAL VOTES FOR | TOTAL VOTES AGAINST |
|
|
|
Resolution 1 | 17,121,483 | -- |
The meeting for Class B Ordinary Shareholders did not have the required quorum as stated in the Company's Articles of Association and has therefore been adjourned until Thursday 2 July at 11.55am to be held at the Offices of Acheron Capital, 4th Floor, 115 Park Street, London W1K 7AP. As stated in the notice of meeting for the original meeting Shareholders are requested to vote through the Registrars portal at www.signalshares.com and not to attend the meeting venue in person.
The full text of all of the resolutions can be found in the Notice of Meeting, copies of which are available on the Company's website at https://www.lsaplc.com/investor-relations/reports-company-literature/.
For further information contact
Acheron Capital Limited (Investment Manager)
Jean-Michel Paul
020 7258 5990
Shore Capital (Financial Adviser and Broker)
Robert Finlay
020 7408 4090
ISCA Administration Services Limited
Company Secretary
Tel: 01392 487056