Rockwood Realisation EGM 2022

The Resolution will be proposed as an ordinary resolution which authorises the Directors to change the Company’s investment strategy from a realisation strategy to an active investment strategy and in connection with this, to adopt the new investment policy,  in substitution for the current investment policy.

Voting and attendance

Voting on the Resolution will be conducted on a poll. An ordinary resolution will require more than 50 per cent. of the votes cast (whether in person or by proxy) to be in favour in order for it to be passed.

All Shareholders are entitled to attend and vote at the General Meeting.

In accordance with the articles of association of the Company, all Shareholders entitled to vote and be present in person or by proxy at the General Meeting shall upon a poll have one vote in respect of each Share held. In order to ensure that a quorum is present at the General Meeting, it is necessary for two or more Shareholders to be present in person or by proxy (or, if a corporation, by representative).

All Shareholders are encouraged to vote in favour of the Resolution to be proposed at the General Meeting and if Shares are not held directly, to arrange for their nominee to vote on their behalf.

The results of the General Meeting will be announced through a Regulatory Information Service and the Company Website as soon as possible once known. It is expected that this will be on 25 April 2022.

Recommendation

The Directors consider that the Proposal is in the best interests of Shareholders as a whole. Accordingly, the Directors unanimously recommend that Shareholders vote in favour of the Resolution, as they intend to do in respect of their own shareholdings, which in aggregate total 22,517 ordinary shares in the capital of the Company representing approximately 1 per cent. of the issued ordinary share capital of the Company.