Business
Notice of EGM
Notice of EGM.
About this update from Dci Advisors Limited
[{"type":"text","content":"\n \n \n \n RNS Number : 3492U\n Dolphin Capital Investors Limited\n 02 December 2021\n \n \n \n \n \n \n \n THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION\n \n \n \n \n \n Dolphin Capital Investors Limited\n \n \n (\"Dolphin\" or the \"Company\")\n \n \n Continuation Vote,\n Revised Investment Management Arrangements\n and\n Notice of Extraordinary General Meeting\n \n \n \n \n The Board of Dolphin announces proposals to be made to Shareholders in respect of:\n \n \n · \n Proposed continuation vote\n \n \n · \n New Investing policy and realisation strategy\n \n \n · \n New Investment Management Agreement \n \n \n · \n Proposed New Memorandum and Articles of Incorporation\n \n \n · \n Proposed adoption of electronic communications\n \n \n · \n Notice of Extraordinary General Meeting\n \n \n further details of which are set out in this announcement and in a circular (the \"Circular\") to be published today.\n \n \n \n \n 1 BACKGROUND\n \n The Company was admitted to trading on AIM on 8 December 2005 as a newly incorporated, BVI registered, closed-ended investing company. At the time of Admission, the directors of the Company undertook in the Admission Document that, shortly before the tenth anniversary of Admission, which would have been on 8 December 2015, the Board would convene a Shareholders' meeting at which a resolution would be proposed to determine the future of the Company.\n \n On 5 June 2015, the Shareholders of the Company passed a written resolution adopting a revised strategy for the Company, which envisaged that the Company would continue in existence for at least a further five years and relieved the Board of the obligation to convene a Shareholders' meeting by 8 December 2015.\n \n \n \n Notwithstanding the above, the Board indicated in its announcement issued on 3 June 2015 that it was appropriate for Shareholders to have an opportunity to review the life of the Company and, although the Company would have no fixed life, the Board committed to convene and hold an extraordinary general meeting prior to 31 December 2016, at which an ordinary resolution for the continuation of the Company would be proposed.\n \n \n \n \n The Board convened an extraordinary general meeting on 16 December 2016 at which Shareholders voted against the continuation of the ...