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Crystal Amber Fund Limited reported an update regarding its 2024 Annual General Meeting, held on 13 December 2024. At the AGM, negative votes were recorded as 31.75% for the Directors' remuneration report, 31.74% for the re-election of Chris Waldron, and 31.73% each for the re-election of Fred Hervouet and Jane Le Maitre. The Company has since identified and contacted a substantial dissenting shareholder concerning these resolutions.
| Date | 16 Jun 2025 |
| Time | 07:00:11 |
| Category | AGMs and other meetings |
| ID | 9564M |
16 June 2025
Crystal Amber Fund Limited
("Crystal Amber Fund", the "Company" or the "Fund")
2024 AGM Voting Update Statement
At the Company's Annual General Meeting ("AGM") held on 13 December 2024, the Company received the following negative votes (as a proportion of the total votes cast) in respect of the following resolutions:
|
Resolution |
% |
|
2. Directors remuneration report |
31.75 |
|
5. To re-elect Chris Waldron |
31.74 |
|
6. To re-elect Fred Hervouet |
31.73 |
|
7. To re-elect Jane Le Maitre |
31.73 |
These against votes were detailed in the Company's RNS Announcement of 13 December 2024 together with the details of the proxy votes for the AGM.
At the time of the AGM, the Company was not aware of any attempts by shareholders that voted against the resolutions to make contact with the Company regarding those resolutions. The Fund has since identified dissenting shareholders and has contacted the substantial dissenting shareholder to seek their views. The Fund will provide further updates once discussions are concluded or any necessary action taken.
A full explanation of the Company's performance is provided in the Chairman's statement of the 2024 Annual Report.
The full text of all the resolutions can be found in the Company's Annual Report and Accounts, which is available for viewing on the Company's website, www.crystalamber.com/aimrule/documents.
For further enquiries please contact:
Crystal Amber Fund Limited
Chris Waldron (Chairman)
Tel: 01481 742 742
Allenby Capital Limited - Nominated Adviser
Jeremy Porter/ Dan Dearden-Williams
Tel: 020 3328 5656
Winterflood Investment Trusts - Broker
Joe Winkley/Neil Langford
Tel: 020 3100 0160
Crystal Amber Advisers (UK) LLP - Investment Adviser
Richard Bernstein
Tel: 020 7478 9080