BH Macro Limited

(a closed-ended collective investment scheme established as a company with limited liability  

under the laws of Guernsey with registration number 46235)

(The "Company")

 

LEI Number: 549300ZOFF0Z2CM87C29

 

11 June 2026

 

RESULT OF ANNUAL GENERAL MEETING

 

At the Annual General Meeting of the Company held on 11 June 2026 all Ordinary Resolutions set out in the Annual General Meeting Notice sent to Shareholders dated 21 May 2026 were duly passed.

 

Details of the proxy voting results which should be read alongside the Notice of Meeting are noted below:

 

Ordinary Resolution	For	Discretion (voted in favour)	Against	Withheld
1	254,704,596	0	27,870	80,976
2	254,677,132	0	55,333	80,976
3	254,704,457	0	23,386	85,597
4	254,645,525	0	51,292	116,624
5	253,898,454	0	802,435	112,552
6	254,672,785	0	28,103	112,552
7	254,672,785	0	28,103	112,552
8	254,662,378	0	44,240	106,823
9	254,609,730	3,824	90,337	113,374
10	254,653,665	0	82,382	77,394
Special Resolution	For	Discretion (voted in favour)	Against	Withheld
11	254,719,247	0	23,114	71,080
12	254,603,525	0	135,663	74,253

 

Note - A vote withheld is not a vote in law and has not been counted in the votes for and against a resolution.  

 

All of the existing Directors were re-elected with the exception of John Le Poidevin who did not stand for re-election due to reaching the end of his tenure. The Board thanked John Le Poidevin for his contribution to the Board.

 

The Special Resolutions were as follows:

 

Special Resolution 11

That the Company be and is hereby generally and unconditionally authorised in accordance with the Companies (Guernsey) Law, 2008, as amended (the "Companies Law"), to make market acquisitions (as defined in the Companies Law) of each class of its shares (either for the retention as treasury shares for resale or transfer, or cancellation), PROVIDED THAT:

 

(a)     the maximum number of shares authorised to be purchased shall be 3,596,610 shares designated as US Dollar shares and 45,711,670 shares designated as Sterling shares (respectively being 14.99 per cent. of the shares of each class in issue as at the latest practicable date prior to the date of publication of this document (excluding in each case shares held in treasury));

 

(b)     the minimum price (exclusive of expenses) which may be paid for a share shall be one cent for shares designated as US Dollar shares and one pence for shares designated as Sterling shares;

 

(c)      the maximum price which may be paid for a share of the relevant class is an amount equal to the higher of: (a) 105 per cent. of the average of the middle market quotations for a share of the relevant class on the relevant market for the five business days immediately preceding the date on which the share is purchased; and (b) the higher of (i) the price of the last independent trade for a share of the relevant class and (ii) the highest current independent bid for a share of the relevant class at the time of purchase; and

 

(d)     the authority hereby conferred shall expire at the annual general meeting of the Company in 2027 unless such authority is varied, revoked or renewed prior to such date by a special resolution of the Company in a general meeting.

 

Special Resolution 12

That, in accordance with Article 6.4 of the Articles, and in addition to all subsisting authorities, pursuant to Article 6.4 the Directors be empowered to allot and issue (or sell from treasury) 2,399,340 shares designated as US Dollar shares and 30,494,776 shares designated as Sterling shares (respectively being 10 per cent. of the shares in issue of each class as at the latest practicable date prior to the date of this notice (excluding shares held in treasury)) for cash as if Article 6.1 of the Articles did not apply to the allotment and issue (or sale from treasury) for the period expiring on the date falling fifteen months after the date of passing of this Resolution 12 or the conclusion of the next annual general meeting of the Company, whichever is the earlier, save that the Company may before such expiry make offers or agreements which would or might require shares to be allotted and issued (or sold) after such expiry and the Directors may allot and issue (or sell) shares in pursuance of any such offer or agreement notwithstanding that the power conferred by this Resolution 12 has expired.

 

 

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