BH Macro Limited
(a
closed-ended collective investment scheme established as a company
with limited liability
under
the laws of Guernsey with registration number
46235)
(The
"Company")
LEI
Number: 549300ZOFF0Z2CM87C29
13 September
2023
RESULT
OF ANNUAL GENERAL MEETING
At the
Annual General Meeting of the Company held on
13 September 2023, all Resolutions
set out in the Annual General Meeting Notice sent to Shareholders
dated 23 August 2023 were duly
passed.
Details of
the voting results which should be read along side the Notice are
noted below:
Ordinary
Resolution
|
Votes
Cast
|
Percentage
In Favour
|
1
|
495,365,075
|
99.9%
|
2
|
495,365,075
|
99.8%
|
3
|
495,366,369
|
99.8%
|
4
|
495,356,249
|
99.9%
|
5
|
495,356,249
|
99.9%
|
6
|
495,356,249
|
99.9%
|
7
|
495,356,249
|
99.5%
|
8
|
495,356,249
|
99.8%
|
9
|
495,354,646
|
99.9%
|
10
|
495,365,518
|
99.9%
|
Special
Resolution
|
|
|
11
|
495,366,369
|
99.9%
|
12
|
495,364,666
|
99.9%
|
Note - A vote withheld is not a vote in law and has not
been counted in the votes for and against a
resolution.
The
Special Resolutions were as follows:
Special
Resolution 11
That the
Company be and is hereby generally and unconditionally authorised
in accordance
with the
Companies (Guernsey) Law, 2008, as amended (the "Companies Law"),
to make
market
acquisitions (as defined in the Companies Law) of each class of its
shares (either for
the
retention as treasury shares for resale or transfer, or
cancellation), PROVIDED THAT:
(a) the
maximum number of shares authorised to be purchased shall be
4,435,587 shares
designated
as US Dollar shares and 56,024,199 shares designated as Sterling
shares
(respectively
being 14.99 per cent. of the shares of each class in issue as at
the latest
practicable
date prior to the date of publication of this document (excluding
in each case
shares
held in treasury));
(b) the
minimum price (exclusive of expenses) which may be paid for a share
shall be one
cent for
shares designated as US Dollar shares and one pence for shares designated
as
Sterling shares;
(c) the
maximum price which may be paid for a share of the relevant class
is an amount
equal to
the higher of: (a) 105 per cent. of the average of the middle
market quotations
for a
share of the relevant class on the relevant market for the five
business days
immediately
preceding the date on which the share is purchased; and (b) the
higher of
(i) the
price of the last independent trade for a share of the relevant
class and (ii) the
highest
current independent bid for a share of the relevant class at the
time of purchase;
and
(d) the
authority hereby conferred shall expire at the annual general
meeting of the
Company in
2024 unless such authority is varied, revoked or renewed prior to
such
date by a
special resolution of the Company in a general meeting.
Special
Resolution 12
That, in
accordance with Article 6.4 of the Articles, and in addition to all
subsisting authorities,
pursuant
to Article 6.4 the Directors be empowered to allot and issue (or
sell from treasury)
2,959,030
shares designated as US Dollar shares and 37,374,382 shares
designated as
Sterling
shares (respectively being 10 per cent. of the shares in issue of
each class as at the
latest
practicable date prior to the date of this notice (excluding shares
held in treasury)) for
cash as if
Article 6.1 of the Articles did not apply to the allotment and
issue (or sale from
treasury)
for the period expiring on the date falling fifteen months after
the date of passing of
this
Resolution 12 or the conclusion of the next annual general meeting
of the Company,
whichever
is the earlier, save that the Company may before such expiry make
offers or
agreements
which would or might require shares to be allotted and issued (or
sold) after such
expiry and
the Directors may allot and issue (or sell) shares in pursuance of
any such offer or
agreement
notwithstanding that the power conferred by this Resolution 12 has
expired.
Enquiries:
Northern
Trust International Fund Administration Services (Guernsey)
Limited
The
Company Secretary
Trafalgar
Court
Les
Banques
St Peter
Port
Guernsey
GY1
3QL
Tel: 01481
745001
END