Aquila European Renewables plc
Results of the General Meeting
30 September 2024
LEI: 213800UKH1TZIC9ZRP41
Aquila European Renewables plc (the "Company") announces that all of the resolutions put forward at the General Meeting ("GM") held earlier today were passed.
Details 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
The full text of all the resolutions is contained in the notice of meeting in the Company's circular dated 12 September 2024.
The proxy votes received were as follows:
| Resolution | Description | In Favour and Discretionary | Against | Withheld
| |||
|
|
| No. of votes | % of votes cast | No. of votes | % of votes cast | No. of votes | |
| 1 | Discontinuation vote | 254,068,188 | 99.83 | 437,328 | 0.17 | 1,477 | |
| 2 | New investment objective and policy | 254,059,610 | 99.88 | 310,635 | 0.12 | 136,748 | |
A vote withheld is not a vote in law and is excluded from the calculation.
On 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.
National Storage Mechanism
Copies 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
Managed Wind-down process
As 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 geographic or technological portfolios), individual assets of the Company or a combination thereof. The Board expects to be in a position to confirm this appointment shortly at which point it will provide shareholders with a further update.
Enquiries:
| Apex Listed Companies Services (UK) Limited | 020 3327 9720 |
| Company Secretary | |
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