LONDON - SLF Realisation Fund Limited announced Tuesday that shareholders have approved the delisting of its Ordinary and C shares from the Main Market. The decision was made during Class Meetings held on the same day, with a significant majority voting in favor of the resolutions.
In the proxy voting, 84.17% of Ordinary Shareholders supported the cancellation of the Ordinary Shares' listing and trading, while a near-unanimous 99.87% of C Shareholders approved the same measure for the C Shares. The proxy votes included discretionary votes held by the Chairman of the Meetings.
The current number of Ordinary Shares in issue is 355,975,669 with equivalent voting rights, and there are 138,924,222 C Shares in issue, each with its own voting right. The proxy voting results will be made available on the company's website.
Following the approval, the anticipated final day of trading for the shares on the Main Market is set for 24 December 2024, with the official delisting from the Official List and cessation of trading expected to take effect at 8:00 a.m. on 27 December 2024.
The resolutions passed at the Meetings are in line with the UK Listing Rule 6.4.2 and have been submitted to the National Storage Mechanism, where they will be accessible for public inspection.
The Company has communicated that any changes to the expected timetable will be announced through a Regulatory Information Service. This move marks a significant transition for SLF Realisation Fund Limited, as it will no longer be listed on the London Stock Exchange (LON:LSEG)'s Main Market. The information in this article is based on a press release statement issued by the Company.
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