Affiliates of the ThomasLloyd Energy Impact (TLEI) trust’s investment manager, ThomasLloyd Global Asset Management, are calling for a continuation vote, which could result in the wind-up of the company.
In a stock exchange notice today (13 July), the board said TLEI had received a requisition notice for a general meeting from "certain entities and funds" that are shareholders of the trust and affiliates of the investment manager. The notice proposes the three resolutions that were not voted on at the AGM in June. These include the continuation vote (ordinary resolution), as well as special resolutions regarding share buyback authority and notice periods for general meetings. Thomas Lloyd Energy Impact trust fails to provide timeline for publication of results The AGM was adjourne...
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes