AGM Information • May 6, 2022
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Pershing Square Holdings, Ltd. Holds Annual General Meeting and
Confirms Second Quarter 2022 Dividend for Shareholders
London, 5 May 2022 //‐ Pershing Square Holdings, Ltd. (LN:PSH) (LN:PSHD) (NA:PSH) today held its Annual General Meeting of shareholders (“AGM”) at Trafalgar Court, Les Banques, St. Peter Port,
Guernsey, GY1 3QL. At the AGM, shareholders passed resolutions to: receive the annual report and the financial statements, re-appoint PSH’s auditor, authorize the Directors to determine the remuneration of the auditor, re-elect PSH’s current directors, renew PSH’s share buyback authority, and permit the disapplication of shareholders’ pre-emption rights for any share issuance of 10% or less. All resolutions were passed on a poll.
The specifics of those resolutions can be found in the Notice of Annual General Meeting available on the Company’s website: https://pershingsquareholdings.com/company-reports/notices-shareholders/.
The results of the proxy voting of PSH’s Public Shares are noted in the chart below. A vote withheld is not a vote in law and has not been counted in the votes for or against a resolution. PS Independent Voting Company Limited (“VoteCo”) voted its Special Voting Share in favour of the resolutions. The percentages in the chart aggregate the results of voting by the Public Shares and VoteCo. VoteCo is not permitted to vote on resolutions 4 and 11 which are Specified Matters for purposes of the UK Listing Rules.
| Resolution | For | Against | Votes Withheld |
| Resolution 1: Receive the annual report and the financial statements | |||
| Ordinary Resolution of all Voting Shares | 102,322,010 99.84% | 478,684 0.16% | 1,596 |
| Resolution 2: To re‐appoint the Company’s auditor | |||
| Ordinary Resolution of all Voting Shares | 102,701,024 99.97% | 99,620 0.03% | 1,646 |
| Resolution 3: To authorise the directors to determine the remuneration of the auditor | |||
| Ordinary Resolution of all Voting Shares | 100,488,004 99.24% | 2,312,494 0.76% | 1,792 |
| Resolution 4: To re-elect Nicholas Botta as a Director | |||
| Ordinary Resolution of the holders of Public Shares | 98,820,469 96.13% | 3,978,442 3.87% | 3,379 |
| Resolution 5: To re-elect Anne Farlow as a Director | |||
| Ordinary Resolution of all Voting Shares | 102,791,910 100.00% | 8,001 0.00% | 2,379 |
| Resolution 6: To re-elect Bronwyn Curtis as a Director | |||
| Ordinary Resolution of all Voting Shares | 102,694,800 99.97% | 105,111 0.03% | 2,379 |
| Resolution 7: To re-elect Andrew Henton as a Director | |||
| Ordinary Resolution of all Voting Shares | 102,791,460 100.00% | 8,451 0.00% | 2,379 |
| Resolution 8: To re-elect Tope Lawani as a Director | |||
| Ordinary Resolution of all Voting Shares | 99,389,412 98.87% | 3,410,498 1.13% | 2,380 |
| Resolution 9: To re-elect Rupert Morley as a Director | |||
| Ordinary Resolution of all Voting Shares | 102,790,898 100.00% | 9,013 0.00% | 2,379 |
| Resolution 10: To re-elect Tracy Palandjian as a Director | |||
| Ordinary Resolution of all Voting Shares | 102,791,375 100.00% | 8,536 0.00% | 2,379 |
| Resolution 11: Authorising the Company to buy back shares | |||
| Special Resolution of the holders of Public Shares | 102,780,639 99.99% | 6,092 0.01% | 15,559 |
| Resolution 12: Permitting the disapplication of pre-emption rights | |||
| Special Resolution of all Voting Shares | 102,568,172 99.92% | 232,921 0.08% | 1,197 |
A copy of the resolutions passed at the AGM has been submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
PSH also confirmed today that the next quarterly dividend of $0.125 per Public Share, as previously announced, is payable as follows:
| Record Date | Payment Date | USD Dividend Per Share | DRIP Enrollment Deadline | Currency Election Deadline |
| 20/5/2022 | 17/6/2022 | $0.125 | 27/5/2022 | 20/5/2022 |
A proportionate quarterly dividend will be paid to the Special Voting Share, based on its net asset value.
Shareholders may automatically reinvest cash dividends into PSH Public Shares through a Dividend Reinvestment Programme (“DRIP”) whereby shares are purchased in the open market by the administrator of the DRIP. Details about the DRIP are available at https://pershingsquareholdings.com/psh-dividend-information/ and through shareholders’ brokers.
Dividends will be paid in US dollars unless a shareholder elects to be paid in GBP. Shareholders electing GBP dividends must do so no later than the Currency Election Deadline. Further details about the currency election are available at Pershing Square Holdings’ website https://pershingsquareholdings.com/psh-dividend-information/.
About Pershing Square Holdings, Ltd.
Pershing Square Holdings, Ltd. (LN:PSH) (LN:PSHD) (NA:PSH) is an investment holding company structured as a closed-ended fund.
Category: (PSH:CorporateActions)
Media Contact
Camarco
Ed Gascoigne-Pees / Julia Tilley +44 (0)20 3781 8339, [email protected]
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