BH Macro Limited
(a closed-ended collective investment scheme established as a
company with limited liability
under the laws of Guernsey with registration number 46235)
(The “Company”)
LEI Number:
549300ZOFF0Z2CM87C29
(The “Company”)
09 September 2022
RESULT OF ANNUAL
GENERAL MEETING
At the Annual General Meeting of the Company held on
09 September 2022, all Resolutions
set out in the Annual General Meeting Notice sent to Shareholders
dated 10 August 2022 were duly
passed.
The Special Resolutions were as follows:
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 392,874 shares designated as US Dollar shares and
4,415,780 shares designated as Sterling shares (respectively 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 in each case 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 2023 unless such authority is
varied, revoked or renewed prior to such date by a special
resolution of the Company in a general meeting.
Resolution 13
That, in accordance with Article 6.4 of the Articles, the
Directors be empowered to allot and issue (or sell from treasury)
262,091 shares designated as US Dollar shares and 2,945,817 shares
designated as Sterling shares (respectively 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 fifteen 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