18 JUNE
2021
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 Number: 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 Circular
and Notice of Extraordinary General Meeting dated 28 May 2021, copies of which are available on the
National Storage Mechanism at:
https://data.fca.org.uk/#/nsm/nationalstoragemechanism. Defined
terms in this announcement shall, unless the context otherwise
requires, have the same meaning as used in the Circular.
Shareholders should note that the approval of the Resolutions by
the Shareholders of the Company represents the satisfaction of one
of the conditions to which each of the Loan Note Proposal and the
Orangewood Proposal were subject. There are however a small number
of other standard conditions precedent that are required to be
satisfied before the Proposals can become effective. It is
anticipated that the outstanding conditions precedent relating to
the Loan Note Proposal will be satisfied, and accordingly the Loan
Note Proposal is expected to complete, on or before 25 June 2021. It is also anticipated that the
outstanding conditions precedent relating to the Orangewood
Proposal will be satisfied, and accordingly the Orangewood Proposal
is expected to complete, before 25 June
2021, being the date falling five business days after the
Shareholder approval to the Orangewood Proposal was obtained.
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 |
Discretionary
(voted for) |
Percentage of
votes cast for and discretionary |
Votes
against |
Percentage of votes
cast against |
Votes
withheld |
Resolution 1 |
41,719,903 |
99.90% |
40,049 |
0.10% |
19,159,899 |
41,719,903 |
Resolution 2 |
41,719,903 |
99.90% |
40,049 |
0.10% |
19,159,899 |
41,719,903 |
Note - A vote withheld is not a vote in law
and has not been counted in the votes for and against a
resolution.
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 745001 |
Important Notice
This announcement includes statements that are, or may be deemed to
be, "forward-looking statements". These forward-looking statements
can be identified by the use of forward-looking terminology,
including the terms "believes", "estimates", "anticipates",
"expects", "intends", "may", "will" or "should" or, in each case,
their negative or other variations or comparable terminology. These
forward-looking statements relate to matters that are not
historical facts. By their nature, forward-looking statements
involve risks and uncertainties because they relate to events and
depend on circumstances that may or may not occur in the future.
Forward-looking statements are not guarantees of future
performance. The Company's actual investment performance, results
of operations, financial condition, liquidity, policies and the
development of its strategies may differ materially from the
impression created by the forward-looking statements contained in
this announcement. In addition, even if the investment performance,
result of operations, financial condition, liquidity and policies
of the Company and development of its strategies, are consistent
with the forward-looking statements contained in this announcement,
those results or developments may not be indicative of results or
developments in subsequent periods. These forward-looking
statements speak only as at the date of this announcement. Subject
to their legal and regulatory obligations, each of the Company, the
Investment Adviser and their respective affiliates expressly
disclaims any obligations to update, review or revise any
forward-looking statement contained herein whether to reflect any
change in expectations with regard thereto or any change in events,
conditions or circumstances on which any statement is based or as a
result of new information, future developments or otherwise.
END