JZ CAPITAL PARTNERS LIMITED
(the "Company")
(a closed-end collective investment scheme incorporated as a
non-cellular company with limited liability under the laws of
Guernsey with registered number 48761)
LEI: 549300TZCK08Q16HHU44
Extraordinary
General Meeting
The Board of Directors of the Company is pleased to announce
that the Resolutions proposed at the Extraordinary General Meeting
of the Company held today were duly passed without amendment by the
required majorities.
Further details of the Resolutions are set out in the Notice of
Extraordinary General Meeting dated 29 May
2019, copies of which are available on the National Storage
Mechanism at: www.morningstar.co.uk/uk/nsm. Defined terms in this
announcement shall, unless the context otherwise requires, have the
same meaning as used in the Circular.
For information, the following proxy votes (which should be read
alongside the Notice of Extraordinary General Meeting) were
received prior to the Extraordinary General Meeting:
|
Votes for |
Percentage of votes
cast for |
Votes against |
Percentage of votes
cast against |
Votes withheld |
Resolution 1 |
66,757,150 |
97.84% |
1,473,538 |
2.16% |
0 |
Resolution 2 |
68,230,844 |
100.00% |
0 |
0.00% |
0 |
Resolution 3 |
33,737,326 |
70.30% |
14,255,615 |
29.70% |
8,032,240 |
Note: A vote withheld is not a vote in law and has not been
counted in the votes for or against the resolutions.
The Board acknowledges the number of votes cast by shareholders
against resolution 3 for the Spruceview related party
transaction. The Board intends to initiate a dialogue with
certain interested shareholders in order to better understand the
reasons behind the result. An update on the views received
from shareholders and actions taken by the Board will be published
in due course in accordance with the 2019 AIC Code.
For further information:
Ed Berry / Kit
Dunford
FTI Consulting |
+44 (0) 20 3727 1046 / 1143 |
David Zalaznick
Jordan/Zalaznick Advisers, Inc. |
+1 (212) 485 9410 |
Sam Walden
Northern Trust International Fund Administration Services
(Guernsey) Limited |
+44 (0) 1481
745385 |
About JZCP
JZ Capital Partners (“JZCP”) is one of the oldest
closed-end investment companies listed on the London Stock
Exchange. It seeks to provide shareholders with a return by
investing selectively in US and European microcap companies and US
real estate. JZCP receives investment advice from Jordan/Zalaznick
Advisers, Inc. (“JZAI”) which is led by David Zalaznick and Jay
Jordan. They have worked together for more than 35 years and
are supported by teams of investment professionals in New York, Chicago, London and Madrid. JZAI’s experts work with the existing
management of microcap companies to help build better businesses,
create value and deliver strong returns for investors. For more
information please visit www.jzcp.com.