(the "Company", "Foresight Solar" or "FSFL")
Publication of Circular and Notice of Annual General Meeting
Foresight Solar, the fund investing in solar and battery storage assets to build income and growth, announces the 2024 Notice of Annual General Meeting (AGM) is now available to view on the Company's website at www.foresightsolar.com/reports-and-publications.
The AGM will be held at the offices of
The formal Notice of the Annual General Meeting will be posted to all shareholders. In accordance with Listing Rule 9.6.1, copies of the documents have been submitted to the FCA and will be available for inspection on the National Storage Mechanism at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
Action to be taken
Shareholders are encouraged to vote on the resolutions to be proposed at the AGM by completing the form of proxy in line with the instructions.
Shareholders may also submit their proxy votes online by registering at www.investorcentre.co.uk/eproxy and entering the Control Number, Shareholder Reference Number (SRN) and PIN set out in the form of proxy.
Completed proxy appointments must be received by the Registrar no later than
Recommendation
The Board considers that Resolutions 1 to 14 to be proposed at the AGM are in the best interests of the Company and its members. The Directors do not consider a vote in favour of Resolution 15 to be in the best interests of the Company or its Shareholders.
Accordingly, the Board unanimously recommends Shareholders vote in favour of Resolutions 1 to 14 as each of the Directors intend to do in relation to the Ordinary Shares in respect of which they have voting control.
In relation to Resolution 15, the Board unanimously recommends that Shareholders vote AGAINST the resolution to discontinue the Company as each of the Directors intend to do in relation to the Ordinary Shares in respect of which they have voting control.
The Board's full voting recommendations are detailed below, with the vote AGAINST Resolution 15:
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Ordinary Resolutions: |
For |
Against |
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|
1 |
To receive and adopt the Company's annual accounts for the financial year ended |
ü |
|
|
2 |
That the Directors' Remuneration Report (excluding the Directors' Remuneration Policy), as set out on pages 105 to 106 of the Company's annual report and audited financial statements for the financial year ended |
ü |
|
|
3 |
To approve the Directors' Remuneration Policy, as set out on page 105 of the Company's annual report and audited financial statements for the financial year ended |
ü |
|
|
4 |
To approve the Dividend Policy as set out on page 5 of the circular to Shareholders dated |
ü |
|
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5 |
To re-appoint |
ü |
|
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6 |
To re-appoint |
ü |
|
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7 |
To re-appoint |
ü |
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8 |
To elect |
ü |
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9 |
To elect |
ü |
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10 |
To re-appoint |
ü |
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|
11 |
To authorise the Directors of the Company to determine the auditors' remuneration |
ü |
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Special Resolutions: |
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12 |
To grant the Directors authority to allot on a non pre-emptive basis ordinary shares up to 10% of the Company's issued share capital |
ü |
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13 |
To generally and unconditionally authorise the Company, pursuant to and in accordance with article 57 of the Companies (Jersey) Law 1991, to make market purchases of its own ordinary shares up to 14.99% of the aggregate number of Ordinary Shares in issue |
ü |
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14 |
That, subject to resolution 13 being passed, the Company be and is hereby generally and unconditionally authorised to cancel any shares it repurchases pursuant to resolution 13 or, pursuant to Article 58A(1)(b) of the Companies (Jersey) Law 1991, hold such shares it repurchases as treasury shares |
ü |
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15 |
That the Company cease to continue in its present form under Article 168 of its Articles of Association. |
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ü |
If you have any questions to put to the Board or the Investment Manager, please contact the Company Secretary by email on foresightcosec@jtcgroup.com no later than close of business on Thursday,
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Foresight Group
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+44 (0)20 3911 2318 |
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Gaudi Le Roux
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+44 (0)20 7029 8000 |
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+44 (0)20 7496 3000 |
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Sodali & Co
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+44 (0)20 7250 1446 |
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JTC |
+44 (0) 1534 700 000 |
LEI: 213800VO4O83JVSSOX33
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