NEW YORK, May 21, 2015 /PRNewswire/ -- Alcentra
Capital Corporation (the "Company") (NASDAQ: ABDC) held its 2015
Annual Meeting of Stockholders (the "Annual Meeting") on
May 12, 2015. The proposals
considered at the Annual Meeting are described in detail in the
Company's definitive proxy statement for the Annual Meeting as
filed with the Securities and Exchange Commission on April 10, 2015 (the "Proxy Statement"). As of
March 27, 2015, the record date,
13,516,766 shares of common stock were entitled to vote at the
Annual Meeting.
At the Annual Meeting, T. Ulrich Brechbuhl was elected to
the Company's Board of Directors to serve for a term of three years
or until his successor is duly elected and qualified. The
Company's stockholders also approved a proposal to authorize the
Company to issue warrants, options or rights to subscribe to,
convert to, or purchase the Company's common stock in one or more
offerings. In addition, the Company's stockholders voted to
approve the adjournment of the Annual Meeting, if necessary or
appropriate, to solicit additional proxies.
To permit additional time to solicit stockholder votes for the
second proposal found in the Proxy Statement, the proposal to
authorize the Company, with the approval of the Board of Directors,
to sell or otherwise issue up to 20% of the Company's outstanding
common stock at an offering price that is below the Company's then
current net asset value per share, the Annual Meeting was then
adjourned and scheduled to reconvene on June 15, 2015 at
3:30 p.m. (Eastern Time) to consider
the second proposal.
Stockholders of record at the close of business on March 27, 2015 are entitled to notice of, and to
vote at, the 2015 annual meeting and any adjournment or
postponement of the meeting. Stockholders who have already
voted on the second proposal found in the Proxy Statement need not
submit another vote unless they wish to change their votes.
Stockholders who have not voted or wish to change their vote on the
second proposal found in the Proxy Statement are encouraged to do
so promptly. You may vote by signing your proxy card and
returning it promptly in the self-addressed envelope provided with
your proxy card. You may also vote your proxy electronically by
telephone or over the Internet by following the instructions
included with your proxy card. The Company's proxy statement
and annual report on Form 10-K for the year ended December 31, 2014 are available on the Internet
at www.edocumentview.com/ABDC.
About Alcentra Capital Corporation
Alcentra (www.alcentracapital.com) is an externally-managed,
closed-end, non-diversified management investment company that has
elected to be regulated as a business development company under the
Investment Company Act of 1940. Alcentra's investment objective is
to generate both current income and capital appreciation primarily
by making direct investments in lower middle-market companies in
the form of subordinated debt and, to a lesser extent, senior debt
and minority equity investments. Alcentra's investment activities
are managed by its investment adviser, Alcentra NY, LLC.
About Alcentra NY, LLC
Alcentra NY, LLC, our investment adviser, is part of BNY
Alcentra Group Holdings, Inc. ("Alcentra Group"), one of the
world's leading sub-investment grade credit asset managers focusing
on the U.S. and European markets. Alcentra Group has an investment
track record that spans across 75 separate investment vehicles and
accounts totaling approximately $23
billion (including accounts managed by Alcentra NY, LLC,
Alcentra Ltd, and assets managed by Alcentra Group personnel for
affiliates under dual officer arrangements).
FORWARD-LOOKING STATEMENTS
Statements included herein may contain "forward-looking
statements," which relate to future performance or financial
condition. Statements other than statements of historical facts
included in this press release may constitute forward-looking
statements and are not guarantees of future performance or results
and involve a number of assumptions, risks and uncertainties, which
change over time. Actual results may differ materially from those
anticipated in any forward-looking statements as a result of a
number of factors, including those described from time to time in
filings by the Company with the Securities and Exchange Commission.
Alcentra undertakes no duty to update any forward-looking statement
made herein except as required by law. All forward-looking
statements speak only as of the date of this press release.
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SOURCE Alcentra Capital Corporation