18th Dec 2020 12:44
18 December 2020
HIGHBRIDGE TACTICAL CREDIT FUND LIMITED
(the "Company")
Result of Extraordinary General Meeting
The Board announces that, at the Extraordinary General Meeting ("EGM") of the Company held at 10:00 a.m. today, the resolution set out in the Notice of EGM dated 27 November 2020, was duly passed. The Board is pleased to note that 47.69% of the shares outstanding voted.
The Board expect to be in a position to make the first distribution of approximately 25% of NAV to shareholders by the end of February 2021.
Proxy votes received for and against the resolution and the number of votes withheld, were as follows:
Ordinary Resolution | For (See Note 1) | Against (See Note 1) | VotesWithheld (See Note 2)
| Total Votes Cast | |||
VotesFor | % | VotesAgainst | % | ||||
1 | The Company ceases to continue in its current form and enters a managed wind-down in accordance with the procedure set out in article 138 of the Articles. | 10,504,735 | 95.39 | 508,215 | 4.61 | 0 | 11,012,950
|
Notes:
1. "Votes For" includes those giving the Chairman discretion and votes "For" and "Against" are expressed as a percentage of votes received.
2. A "Vote Withheld" is not a vote in law and is not counted in the calculation of the votes "For" and "Against" a resolution.
3. All figures have been rounded up to 2 decimal places.
In accordance with Listing Rule 9.6.2R a copy of the resolution has been submitted to the National Storage Mechanism, and will shortly be available for inspection at: www.morningstar.co.uk/uk/NSM
The Circular is available on the Company's website: www.highbridgemsfltd.co.uk.
For further information contact:
finnCap Ltd William Marle / Giles Rolls
| Tel: +44 (0) 20 7220 0500 |
Praxis Fund Services Limited Company Secretary
| Tel: +44 (0) 1481 737 600 |
LEI: 213800397SYHLYFH5961
Related Shares:
HTCF.L