Annual General Meeting will be held on 20 May 2025 at 3pm at the offices of JTC (UK) Limited, The Scalpel, 18th Floor, 52 Lime Street, London EC3M 7AF.
As required by the company’s Articles of Association, because the Company has traded at an average discount to NAV in excess of 10% during 2024, a special resolution will be proposed at the Company’s forthcoming AGM, for shareholders to vote to wind up or otherwise reconstruct the Company. If such a discontinuation resolution is passed, the Company’s Articles provide the Board with four months to put forward a proposal. The prevailing market uncertainty means that now is not the right time to attempt a sale of the Company’s portfolio. For this reason, the Board recommends that shareholders vote AGAINST the discontinuation of the Company at the forthcoming AGM.
