Source - RNS
RNS Number : 6612I
Hexam Capital Funds Plc
01 September 2016
 

 

 

COMPANY ANNOUNCEMENT

 

31 August 2016

 

 

Hexam Capital Funds plc

(the "Company")

 

Re: Results of AGM

 

The Directors of the Company (the Directors) wish to announce that the following special resolutions were passed at the AGM which was held on 31 August 2016:

 

4.  Changes to the Memorandum and Articles of Association (the "Constitution")

 

To consider and, if thought fit, to pass the following resolution as a Special Resolution:

THAT

(a)      the words "HEXAM Capital" in Clause 1 of the Memorandum of Association be deleted and replaced with the words "Coppin Collings".

(b)      the words "to be" in Clause 2 of the Memorandum of Association be deleted.

(c)      the words "transferable securities and/or other liquid financial assets of capital raised from the public operating on the principle of risk-spreading, as permitted by Regulations 45 of the European Communities (Undertakings for Collective Investment in Transferable Securities) Regulations 2003 (S.I Number 211 of 2003) as amended, and as may be further amended from time to time. For the purposes of achieving this sole object, the Company will have the following powers, which will be exercised in accordance with the Regulations referred to above" in Clause 3 of the Memorandum of Association be deleted and replaced with the words "either or both transferable securities and other liquid financial assets, referred to in Regulation 68 of the Principal Regulations, of capital raised from the public and which operates on the principle of risk spreading. For the purposes of achieving this sole object, the Company will have the following powers, which will be exercised in accordance with the Principal Regulations".

(d)      the content of Clause 3 (h) of the Memorandum of Association be updated to include the ability of the Company to enter into any "merger, amalgamation" with any person.

(e)      the content of Clause 3 (p) of the Memorandum of Association be updated to include the ability of the Company to enter into any "contracts for difference".

(f)       a new Clause 3 (r) of the Memorandum of Association be included to establish or acquire any wholly owned subsidiary or subsidiaries of the Company for the benefit of the Company as a whole or one or more sub-funds established or to be established by the Company with the prior approval of the Central Bank and to capitalise any such subsidiary in any manner as the Directors of the Company may consider appropriate from time to time, including by way of share capital, loan or otherwise.

(g)      a new Clause 5 of the Memorandum of Association be included to permit the Company to convert to an Irish collective asset management vehicle ("ICAV") and to apply to the Central Bank, to be registered as an ICAV by way of continuation or otherwise.

(h)      replacing the reference to "shareholder" in Clause 6 with "Shareholder.

(i)       the subscriber page at the back of the Memorandum of Association be removed and be re-inserted at the back of the Constitution.

 

5.         To consider and, if thought fit, to pass the following resolution as a Special Resolution:

"THAT the Articles of Association be and are hereby approved and adopted as the new Articles of Association of the Company in substitution for and to the exclusion of the existing Articles of Association of the Company".

 

6.         To consider and, if thought fit, to pass the following resolution as a Special Resolution:

"THAT the name of the Company be amended from "HEXAM Capital Funds plc" to "Coppin Collings Funds plc" and THAT the names of the Sub-Funds of the Company be amended from "HEXAM Global Emerging Markets Fund" and "HEXAM Hempshill Hall Global Income Fund" to "Coppin Collings Global Emerging Markets Fund" and "Coppin Collings Hempshill Hall Global Income Fund" respectively, be approved".

 

 

 

 

 

Enquiries:

 

State Street International (Ireland) Limited

Niall Boland

+353 1 776 6387

 

McCann FitzGerald Listing Services Limited

Conor McGuinness

+353 1 511 1609

 

 

 

 

 

This announcement has been issued through the Companies Announcement Service of

The Irish Stock Exchange

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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