Business
Result of General Meeting
Result of General Meeting.
About this update from Aquila European Renewables Plc Registered
[{"type":"text","content":"\n\nAquila European Renewables plc\n \nResults of the General Meeting\n \n30 September 2024\n \nLEI: 213800UKH1TZIC9ZRP41\n \nAquila European Renewables plc (the \"Company\") announces that all of the resolutions put forward at the General Meeting (\"GM\") held earlier today were passed.\n \nDetails of the number of proxy votes cast for, against and withheld will shortly be published on the Company's website at https://www.aquila-european-renewables.com\n \nThe full text of all the resolutions is contained in the notice of meeting in the Company's circular dated 12 September 2024.\n \nThe proxy votes received were as follows:\n \n\n\n\n\nResolution\n\n\nDescription\n\n\nIn Favour and Discretionary\n\n\nAgainst\n\n\nWithheld\n \n\n\n\n\n \n\n\n \n\n\nNo. of votes\n\n\n% of votes cast\n\n\nNo. of votes\n\n\n% of votes cast\n\n\nNo. of votes\n\n\n\n\n1\n\n\nDiscontinuation vote\n\n\n254,068,188\n\n\n99.83\n\n\n437,328\n\n\n0.17\n\n\n1,477\n\n\n\n\n2\n\n\nNew investment objective and policy\n\n\n254,059,610\n\n\n99.88\n\n\n310,635\n\n\n0.12\n\n\n136,748\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n \nA vote withheld is not a vote in law and is excluded from the calculation.\n \nOn the record date for voting at the meeting, the Company's issued share capital was 408,225,705 ordinary shares. The Company was holding 30,103,575 of these shares in Treasury. Therefore, the total number of ordinary shares with voting rights in the Company was 378,122,130. Each ordinary share held entitled the holder to one vote and there are no restrictions on those voting rights. A \"Vote withheld\" is not a vote in law and is not counted in the calculation of the % of shares voted \"For\" or \"Against\" a resolution.\n \nNational Storage Mechanism\nCopies of all the resolutions passed, other than ordinary business, will be submitted to the National Storage Mechanism and will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism\n \nManaged Wind-down process\nAs already announced on 12 September 2024 it is the Board's intention to appoint a third party, other than the Investment Adviser, to oversee the sale of the Portfolio as part of the managed wind down process, which may comprise of a sale of all of the assets, groups of assets (such as specific geograp...