REINET ANNUAL GENERAL MEETING OF SHAREHOLDERS APPROVES FULL AGENDA

Reinet Investments SCA / Key word(s): AGMEGM REINET ANNUAL GENERAL MEETING OF SHAREHOLDERS APPROVES FULL AGENDA 29-Aug-2023 / 16:20 CET/CEST Release of an ad hoc announcement pursuant to Art. 53 LR The issuer is solely responsible for the content of this announcement. At the annual general meeting of Reinet Investments S.C.A. (the ‘Company’) held earlier today in Luxembourg, a total of 135 432 675 ordinary shares (69.12%) out of a total of 195 941 286 ordinary shares issued and all the 1 000 management shares were presented or represented by proxy.

 

The total votes cast represent 74.50% of the total voting rights at the record date (15 August 2023) of 181 790 891, being total shares in issue less treasury shares, voting rights attached to which are suspended.

 

The shareholders approved all of the matters tabled at the annual general meeting. Specifically, the statutory financial statements and the consolidated financial statements of the Company for the accounting year ended 31 March 2023 were approved and the General Partner and all members of the Board of Overseers who have been in office during the period were granted discharge of liability for the performance of their duties.

 

A cash dividend of EUR 0.30 per share was approved and will be payable on 20 September 2023. The remaining available retained earnings of the Company, after payment of the dividend, are to be carried forward to the next business year.

 

Shareholders also re-elected Mr John Li, Mr Yves Prussen, Mr Stuart Robertson and Mr Stuart Rowlands to serve as members of the Board of Overseers for the financial year ending at the next annual general meeting. A remuneration of EUR 70 000 per annum for each of the members of the Board of Overseers was approved, such fees to be split equally between the Company and Reinet Fund S.C.A., F.I.S.