JZ CAPITAL PARTNERS LIMITED 18 JUNE 2021
JZ Capital Partners Limited (the “Company”)
(a closed-end collective investment scheme incorporated as a non-cellular company with limited liability under the laws of Guernsey with registered number 48761)
LEI Number: 549300TZCK08Q16HHU44
Extraordinary General Meeting - Correction
Earlier today, the Company announced the results of the Resolutions voted on at the Extraordinary General Meeting held this afternoon.
Each Resolution was duly passed by the requisite majority as announced earlier today. However, the announcement contained an incorrect summary table of the votes of Shareholders received in connection with the Resolutions.
The other details of the announcement were correct and remain unchanged. The full amended set of results is shown below.
Extraordinary General Meeting
The Board of Directors of the Company is pleased to announce that the Resolutions proposed at the Extraordinary General Meeting of the Company held today were duly passed without amendment by the required majorities.
Further details of the Resolutions are set out in the Circular and Notice of Extraordinary General Meeting dated 28 May 2021, copies of which are available on the National Storage Mechanism at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism. Defined terms in this announcement shall, unless the context otherwise requires, have the same meaning as used in the Circular.
Shareholders should note that the approval of the Resolutions by the Shareholders of the Company represents the satisfaction of one of the conditions to which each of the Loan Note Proposal and the Orangewood Proposal were subject. There are however a small number of other standard conditions precedent that are required to be satisfied before the Proposals can become effective. It is anticipated that the outstanding conditions precedent relating to the Loan Note Proposal will be satisfied, and accordingly the Loan Note Proposal is expected to complete, on or before 25 June 2021. It is also anticipated that the outstanding conditions precedent relating to the Orangewood Proposal will be satisfied, and accordingly the Orangewood Proposal is expected to complete, before 25 June 2021, being the date falling five business days after the Shareholder approval to the Orangewood Proposal was obtained.
For information, the following proxy votes (which should be read alongside the Notice of Extraordinary General Meeting) were received prior to the Extraordinary General Meeting:
| Votes for | Percentage of votes cast for | Votes against | Percentage of votes cast against | Votes withheld | |
| Resolution 1 | 41,719,903 | 99.90% | 40,049 | 0.10% | 19,159,899 |
| Resolution 2 | 41,719,903 | 99.90% | 40,049 | 0.10% | 19,159,899 |
Note -A vote withheld is not a vote in law and has not been counted in the votes for and against a resolution.
For further information:
|
Ed Berry / Kit Dunford FTI Consulting | +44 (0) 20 3727 1046 / 1143 |
|
David Zalaznick Jordan/Zalaznick Advisers, Inc. | +1 (212) 485 9410 |
|
Sam Walden Northern Trust International Fund Administration Services (Guernsey) Limited | +44 (0) 1481 745001 |
Important Notice
This announcement includes statements that are, or may be deemed to be, "forward-looking statements". These forward-looking statements can be identified by the use of forward-looking terminology, including the terms "believes", "estimates", "anticipates", "expects", "intends", "may", "will" or "should" or, in each case, their negative or other variations or comparable terminology. These forward-looking statements relate to matters that are not historical facts. By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. Forward-looking statements are not guarantees of future performance. The Company's actual investment performance, results of operations, financial condition, liquidity, policies and the development of its strategies may differ materially from the impression created by the forward-looking statements contained in this announcement. In addition, even if the investment performance, result of operations, financial condition, liquidity and policies of the Company and development of its strategies, are consistent with the forward-looking statements contained in this announcement, those results or developments may not be indicative of results or developments in subsequent periods. These forward-looking statements speak only as at the date of this announcement. Subject to their legal and regulatory obligations, each of the Company, the Investment Adviser and their respective affiliates expressly disclaims any obligations to update, review or revise any forward-looking statement contained herein whether to reflect any change in expectations with regard thereto or any change in events, conditions or circumstances on which any statement is based or as a result of new information, future developments or otherwise.
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