Princess Private Equity Holding Ltd Result of Annual General Meeting (1579M)
06 Mayo 2020 - 07:52AM
UK Regulatory
TIDMPEY TIDMPEYS
RNS Number : 1579M
Princess Private Equity Holding Ltd
06 May 2020
News Release
Guernsey, 6 May 2020
Results of Annual General Meeting - breakdown of the proxy
votes
Princess Private Equity Holding Limited ('Princess' or the
'Company') announces that all resolutions put to shareholders at
its Annual General Meeting held today were duly passed. The
detailed results are:
Resolution For Percentage % Against Percentage % Vote Withheld
1. 28,386,632 100 0 0 378
----------- ------------- ---------- ------------- --------------
2. 28,385,866 99.99 766 0.01 378
----------- ------------- ---------- ------------- --------------
3. 28,386,632 100 0 0 378
----------- ------------- ---------- ------------- --------------
4. 28,386,632 100 0 0 378
----------- ------------- ---------- ------------- --------------
5. 28,386,632 100 0 0 378
----------- ------------- ---------- ------------- --------------
6. 28,386,632 100 0 0 378
----------- ------------- ---------- ------------- --------------
7. 23,086,632 81.33 5,300,000 18.67 378
----------- ------------- ---------- ------------- --------------
8. 18,858,435 78.06 5,300,000 21.94 4,228,575
----------- ------------- ---------- ------------- --------------
9. 28,379,449 100 0 0 7,561
----------- ------------- ---------- ------------- --------------
10. 28,381,732 99.98 4,500 0.02 778
----------- ------------- ---------- ------------- --------------
11. 24,466,232 86.16 3,920,000 13.84 778
----------- ------------- ---------- ------------- --------------
The Company is advised that the 5,300,000 votes cast against the
re-election of the Chairman and the Chairman of the Audit Committee
in resolutions 7 & 8 respectively were due to the voting policy
of one particular shareholder who follows a policy for
non-executives of voting against election if: "The election of a
candidate causes this candidate to hold more than five board seats
or other comparable seats (incl. the nominated position). The role
of a Chairperson and of an audit committee Chairperson is counted
double."
The Board notes the above voting policy but its formulation is
not consistent with the AIC Code against which the Company reports.
As recommended by the AIC, the Board undertakes an annual
evaluation of the individual Directors to ensure that they continue
to act effectively and efficiently and to fulfill their respective
duties. During this evaluation, each Director reconfirmed that they
continue to be able to allocate sufficient time to the Company in
order to discharge their responsibilities, and the evaluation
raised no concerns regarding the availability and effectiveness of
the Chairman and the Chairman of the Audit Committee.
Ends.
About Princess
Princess is an investment holding company founded in 1999 and
domiciled in Guernsey. It invests, inter alia, in private equity
and private debt investments. Princess is advised in its investment
activities by Partners Group, a global private markets investment
management firm with USD 94 billion in investment programs under
management in private equity, private debt, private real estate and
private infrastructure. Princess aims to provide shareholders with
long-term capital growth and an attractive dividend yield. Princess
is traded on the Main Market of the London Stock Exchange (ticker:
PEY for the Euro Quote; PEYS for the Sterling Quote).
Contacts
Princess Private Equity Holding Limited:
princess@partnersgroup.com
www.princess-privateequity.net
Registered Number: 35241
LEI: 54930038LU8RDPFFVJ57
Investor relations contact
George Crowe
Phone: +44 (0)20 7575 2771
Email: george.crowe@partnersgroup.com
Media relations contact
Jenny Blinch
Phone: +44 207 575 2571
Email: jenny.blinch@partnersgroup.com
www.partnersgroup.com
This document does not constitute an offer to sell or a
solicitation of an offer to buy or subscribe for any securities and
neither is it intended to be an investment advertisement or sales
instrument of Princess. The distribution of this document may be
restricted by law in certain jurisdictions. Persons into whose
possession this document comes must inform themselves about and
observe any such restrictions on the distribution of this document.
In particular, this document and the information contained therein
are not for distribution or publication, neither directly nor
indirectly, in or into the United States of America, Canada,
Australia or Japan.
This document may have been prepared using financial information
contained in the books and records of the product described herein
as of the reporting date. This information is believed to be
accurate but has not been audited by any third party. This document
may describe past performance, which may not be indicative of
future results. No liability is accepted for any actions taken on
the basis of the information provided in this document. Neither the
contents of Princess' website nor the contents of any website
accessible from hyperlinks on Princess' website (or any other
website) is incorporated into, or forms part of, this
announcement
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
RAGKKABPBBKDKPK
(END) Dow Jones Newswires
May 06, 2020 08:52 ET (12:52 GMT)
Princess Private Equity (LSE:PEYS)
Gráfica de Acción Histórica
De Feb 2024 a Mar 2024
Princess Private Equity (LSE:PEYS)
Gráfica de Acción Histórica
De Mar 2023 a Mar 2024