Enhanced Investments - Financial Portal

Results of annual general meeting

Published: 2024-05-14 12:00:41 ET

LIGHTHOUSE PROPERTIES p.l.c.
(Registered in Malta)
(Registration number: C 100848)
Share code: LTE
ISIN: MU0461N00015
LEI: 549300UG27SWRF0X2U62
(“Lighthouse” or the “Company”)



RESULTS OF ANNUAL GENERAL MEETING


Shareholders of the Company are advised that all resolutions tabled at the annual general meeting (“AGM”) of shareholders held
on Tuesday, 14 May 2024 (in terms of the notice of AGM (“Notice of AGM”) dispatched to shareholders on 16 April 2024), were
passed by the requisite majority of shareholders.

Details of the results of voting at the AGM are as follows:

    •    total number of Lighthouse shares in issue at the date of the AGM and that could have been voted at the AGM:
         1 830 409 794;
    •    total number of Lighthouse shares that were present/represented at the AGM: 1 449 592 184 being 79,19% of the total
         number of Lighthouse shares that could have voted at the AGM.

Terms defined in the Notice of AGM shall bear the same meaning in this announcement.

 Ordinary resolution number 1: Receiving and adopting the audited consolidated and separate financial statements for the
 financial year ended 31 December 2023
 Shares voted*                      For                             Against                         Abstentions#
 1 448 109 290, being 79,11%        1 448 109 290, being 100%       Nil                             1 482 894, being 0,08%

 Ordinary resolution number 2: Reappointment of the Auditor

 Shares voted*                      For                             Against                         Abstentions#
 1 448 106 290, being 79,11%        1 448 106 290, being 100%       Nil                             1 485 894, being 0,08%

 Ordinary resolution number 3: Authorising directors to determine the Auditor’s remuneration

 Shares voted*                      For                             Against                         Abstentions#
 1 448 106 290, being 79,11%        1 448 106 290, being 100%       Nil                             1 485 894, being 0,08%

 Ordinary resolution number 4.1: Re-election of Desmond de Beer as a Director

 Shares voted*                      For                             Against                         Abstentions#
 1 448 106 290, being 79,11%        1 445 593 137, being 99,83%     2 513 153, being 0,17%          1 485 894, being 0,08%

 Ordinary resolution number 4.2: Re-election of Justin Muller as a Director

 Shares voted*                      For                             Against                         Abstentions#
 1 448 106 290, being 79,11%        1 448 054 499, being 99,99%     51 791, being 0,01%             1 485 894, being 0,08%

 Ordinary resolution number 5: Approving Non-Executive Directors’ fees

 Shares voted*                      For                             Against                         Abstentions#
 1 448 106 290, being 79,11%        1 446 781 019, being 99,91%     1 325 271, being 0,09%          1 485 894, being 0,08%
 Ordinary resolution number 6: General authority to issue shares for cash

 Shares voted*                      For                                 Against                          Abstentions#
 1 448 091 242, being 79,11%        1 180 385 750, being 81,51%         267 705 492, being 18,49%        1 500 942, being 0,08%

 Ordinary resolution number 7: Control over unissued shares

 Shares voted*                      For                                 Against                          Abstentions#
 1 448 088 242, being 79,11%        1 185 331 535, being 81,85%         262 756 707, being 18,15%        1 503 942, being 0,08%

 Ordinary resolution number 8: Disposal of Hammerson shares

 Shares voted*                      For                                 Against                          Abstentions#
 1 448 109 290, being 79,11%        1 411 766 520, being 97,49%         36 342 770, being 2,51%          1 482 894, being 0,08%

 Ordinary resolution number 9: Authority for Directors and/or the Company Secretary to implement resolutions

 Shares voted*                      For                                 Against                          Abstentions#
 1 448 106 290, being 79,11%        1 448 106 290, being 100%           Nil                              1 485 894, being 0,08%

 Non-binding resolution number 1: Non-binding advisory vote on the remuneration policy

 Shares voted*                      For                                 Against                          Abstentions#
 1 448 091 242, being 79,11%        1 336 579 203, being 92,30%         111 512 039, being 7,70%         1 500 942, being 0,08%

 Non-binding resolution number 2: Non-binding advisory vote on the remuneration implementation report

 Shares voted*                      For                                 Against                          Abstentions#
 1 448 091 242, being 79,11%        1 357 093 433, being 93,72%         90 997 809, being 6,28%          1 500 942, being 0,08%

 Extraordinary resolution number 1: Approval of the repurchase of shares

 Shares voted*                      For^                                Against                          Abstentions#
 1 448 109 290, being 79,11%        1 369 246 896, being 94,55%         78 862 394, being 5,45%          1 482 894, being 0,08%
* shares voted (excluding abstentions) in relation to total shares in issue
# in relation to total shares in issue
^
  74,80% in relation to total shares in issue (applicable to extraordinary resolutions)

14 May 2024



              JSE sponsor and corporate advisor                                           Company Secretary




                                                                                  Stonehage Fleming Malta Limited
                      Tel: +27 11 722 3050                                                Tel: +356 2144 6377

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

Important disclosures

Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.

Nothing on this website should be considered an offer, solicitation of an offer, or advice to buy or sell securities.
Past performance is no guarantee of future results. Any historical returns, expected returns [or probability projections] are hypothetical in nature and may not reflect actual future performance.
All the strategies assume investments in equity invstrumenta only and are more relevant for "agressive investment profile". Eastern European flagship strategy assumes using up to 20% leverage of total portfolio. GlobalCommodities and US Growth strategy currently assume no leverage.
Results for the Enhanced Investments strategies as compared to the performance of Illustrative Benchmarks is for informational purposes only. Our investment program does not mirror that of the Illustrative Benchmarks and the volatility may be materially different from the volatility of Illustrative Benchmarks. Reference or comparison to an Illustrative Benchmark does not imply that strategies of Enhanced Investments will be constructed in the same way as the Illustrative Benchmark or achieve returns, volatility, or other results similar to those of the Illustrative Benchmark. The S&P 500 is an unmanaged market capitalization-weighted index of 500 common stocks chosen for market size, liquidity, and industry group representation to represent U.S. equity performance.
Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.