Affiliates of ThomasLloyd Energy Impact investment manager call for continuation vote

Board recommends discontinuation

Valeria Martinez
clock • 4 min read

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...

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