BH Global Limited Result of AGM

 
TIDMBHGG TIDMBHGU 
 
BH Global Limited 
   (a closed ended investment company incorporated with limited liability in 
                   Guernsey with registration number  48555) 
 
                       LEI Number: 549300BIIO4DTKEMXV14 
 
                                (The "Company") 
 
                                 25 June 2018 
 
                       RESULT OF ANNUAL GENERAL MEETING 
 
At the Annual General Meeting of the Company held on 22 June 2018, all Ordinary 
Resolutions set out in the Annual General Meeting Notice sent to Shareholders 
dated 21 May 2018 were duly passed. 
 
Details of the proxy voting results which should be read along side the Notice 
are noted below: 
 
   Ordinary            For            Discretion         Against        Abstain 
  Resolution                       (voted in favour) 
 
       1            19,781,968            23                0              0 
 
       2            19,781,642            23               326             0 
 
       3            19,781,968            23                0              0 
 
       4            19,781,968            23                0              0 
 
       5            18,667,843            23            1,114,125          0 
 
       6            19,781,968            23                0              0 
 
       7            18,849,456            23             932,512           0 
 
       8            19,781,968            23                0              0 
 
       9            18,914,571            23             867,397           0 
 
      10            19,781,968            23                0              0 
 
      11            19,781,968            23                0              0 
 
    Special            For            Discretion         Against        Abstain 
  Resolution                       (voted in favour) 
 
      12            19,781,968            23                0              0 
 
      13            19,781,968            23                0              0 
 
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 12 
 
"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 
429,014 shares designated as US Dollar shares and 2,968,213 shares designated 
as Sterling shares (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 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 2019 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 13 
 
"That, in accordance with Article 6.4 of the Articles, the Directors be 
empowered to allot and issue (or sell from treasury) 286,200 shares designated 
as US Dollar shares and 1,980,129 shares designated as Sterling shares (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 15 months 
after the date of passing of this Resolution 13 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 13 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 
 
 
 
 
 
END
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