US SOLAR FUND PLC

Declaration of Voting Results & Voting Rights Announcements • Jun 23, 2020

National Storage Mechanism | Additional information

RNS Number : 8124Q

US Solar Fund PLC

23 June 2020

23 June 2020

US SOLAR FUND PLC (USF, the "Company") 

Result of 2020 Annual General Meeting

US Solar Fund plc (LON: USF (USD)/USFP (GBP)), announces that at the Company's 2020 Annual General Meeting held today, all resolutions were passed on a show of hands and the results of the proxy votes received are set out below.

Resolutions 1 to 9 (inclusive) were proposed as ordinary resolutions and resolutions 10 to 11 (inclusive) were proposed as special resolutions.

	Resolution	Votes For*	%	Votes Against	%	Total votes validly cast	Total votes cast as % of issued share capital	Vote Withheld **
1	Receive annual accounts for period ended 31 December 2019	138,043,635	100.00	0	0.00	138,043,635	68.99	0
2	Approve directors' remuneration report	138,043,635	100.00	0	0.00	138,043,635	68.99	0
3	Approve the remuneration policy	138,043,635	100.00	0	0.00	138,043,635	68.99	0
4	Approve the company's dividend policy	138,043,635	100.00	0	0.00	138,043,635	68.99	0
5	Re-elect Gillian Nott as a director	138,043,635	100.00	0	0.00	138,043,635	68.99	0
6	Re-elect Jamie Richards as a director	138,043,635	100.00	0	0.00	138,043,635	68.99	0
7	Re-elect Rachael Nutter as a director	138,043,635	100.00	0	0.00	138,043,635	68.99	0
8	To re-appoint Deloitte LLP as the Company's auditor	138,043,635	100.00	0	0.00	138,043,635	68.99	0
9	To authorise the board of directors to determine the auditors remuneration	138,043,635	100.00	0	0.00	138,043,635	68.99	0
10	To authorise the Company to make market purchase of its own ordinary shares	138,043,635	100.00	0	0.00	138,043,635	68.99	0
11	To permit general meetings to be called on 14 days' notice	138,043,635	100.00	0	0.00	138,043,635	68.99	0

* Includes discretionary votes

** A vote withheld is not a vote in law and is not counted in the calculation of the votes for or against a resolution.

For further information, please contact:

US Solar Fund Whitney Voûte	+1 718 230 4329
Cenkos Securities plc Will Rogers Rob Naylor Will Talkington	+44 20 7397 8900
KL Communications	+44 20 3995 6673
Charles Gorman Charlotte Stickings

Notes:

Every shareholder has one vote for every Ordinary Share held. As at close of business on 19 June 2020, the share capital of the Company consisted of 200,092,323 Ordinary Shares with voting rights. The Company does not hold any shares in Treasury.

In accordance with Listing Rule 9.6.2 copies of all the resolutions passed, other than ordinary business, will be submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

About US Solar Fund plc 

US Solar Fund plc listed on the premium segment of the London Stock Exchange in April 2019, following its successful US$200m IPO. The Company's investment objective is to provide investors with attractive and sustainable dividends with an element of capital growth by investing in a diversified portfolio of solar power assets in North America and other OECD countries in the Americas. 

The Company acquires or constructs, owns and operates solar power assets that are expected to have an asset life of at least 30 years and generate stable and uncorrelated cashflows by selling electricity to creditworthy offtakers under long-term power purchase agreements (or PPAs). 

Further information on the Company can be found on its website at http://www.ussolarfund.co.uk.

About the Investment Manager 

USF is managed by New Energy Solar Manager (NESM). NESM also manages New Energy Solar, an Australian Securities Exchange (ASX)-listed fund which has committed over US$900m to US and Australian solar plants since late 2015. 

NESM is owned by Walsh & Company, the funds management division of Evans Dixon, an ASX-listed company (ASX: ED1) with over A$20 billion of funds under advice and management. 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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