20 March 2018
UTILICO EMERGING MARKETS LIMITED
(LEI Number: 213800UYZLSYB84N2H09)
Result of Scheme Meeting
The Board of Utilico Emerging Markets Limited (the "Company") is pleased to announce that, at the Scheme Meeting held earlier today in connection with the recommended proposals for the reorganisation of the Company in order to effect its re-domiciliation to the United Kingdom, Shareholders voted in favour of the resolution to approve the Scheme.
The voting results in relation to the Scheme Meeting were as follows:
|
Number of Shareholders who voted |
% of Shareholders who voted |
Number of Shares voted |
% of Shares voted |
Number of Shares voted as a % of Total Shares* |
For |
26 |
96.30 |
123,284,946 |
99.99 |
52.57 |
Against |
1 |
3.70 |
11,688 |
0.01 |
0.01 |
Total |
27 |
100.00 |
123,296,634 |
100.00 |
52.58 |
* The total number of Shares in issue at the Scheme Meeting Record Date was 234,508,636.
Implementation of the Scheme is conditional on, inter alia, the Scheme being sanctioned by the Court, a copy of the Court order being delivered to the Registrar of Companies in Bermuda for registration and Admission of the UEM Trust Shares to be issued pursuant to the Scheme.
The expected timetable of principal events is as follows:
|
2018 |
Scheme Record Date |
6.00 p.m. on 27 March |
Suspension of Ordinary Shares |
7.30 a.m. on 28 March |
Court hearing to sanction the Scheme |
28 March |
Scheme Effective Date |
28 March |
Listing hearing to consider the application for Admission of the UEM Trust Shares |
29 March |
Date on which the Scheme is implemented and Admission and unconditional dealings in UEM Trust Shares commence |
3 April |
Crediting of CREST accounts in respect of the UEM Trust Shares issued pursuant to the Scheme |
3 April |
Share certificates in respect of UEM Trust Shares issued in certificated form despatched by post |
the week commencing 2 April or as soon as practicable thereafter |
Notes:
1) Unless otherwise stated, all references to times in this document are to London times.
2) All times and dates in the Expected Timetable and in this document (where permitted by law) may be subject to adjustment. Any changes to the Expected Timetable set out above will be notified through an RIS.
Terms used and not defined in this announcement bear the meaning given to them in the Circular.
Name of contact and telephone number for enquiries:
ICM Investment Management Limited 01372 271486
Charles Jillings / Alastair Moreton
