UK Mortgages
Limited
(a closed-ended
investment company incorporated in Guernsey with registration
number 60440)
LEI Number:
549300388LT7VTHCIT59
(The
“Company”)
23 MARCH 2021
RESULT OF
EXTRAORDINARY GENERAL MEETING
The Board of UK Mortgages Limited (the “Company”) announces that
the special resolution put forward at its Extraordinary General
Meeting held today was duly passed without amendment. The special
resolution was to provide authority for the Company to make market
purchases of shares in connection with the Proposed Tender Offer
and further tender offers.
Details of the proxy voting results which should be read along
side the Notice are noted below:
Special
Resolution |
For |
For
% |
Against |
Against
% |
| 1 |
100,342,130 |
99.96% |
40,000 |
0.04% |
THAT, without prejudice to and in addition to all existing
authorities of the Company from time to time, the terms of the
proposed tender offers that, among other things, permit the Company
to acquire its issued share capital from tendering shareholders,
subject to certain restrictions (the “Facility”), the terms and
conditions of which constituting the contract of such Facility (the
“Agreement”) are set out in the circular in respect of the Company
dated 26 February 2021 (the
“Circular”), are hereby approved and authorised pursuant to section
314(2) of the Companies (Guernsey) Law, 2008, as amended (the
“Law”) and it is intended that the Company’s authority to effect
the Facility shall continue until 31
December 2022, however the expiration of such authority
shall not prevent the Company from purchasing shares after the
expiration of the authority in accordance with the terms of the
Facility made and agreed prior to the expiration of the
authority.
Note - A vote withheld is not a vote in law
and has not been counted in the votes for and against a
resolution.
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