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TwentyFour Select OKs share issuance

TwentyFour Select Monthly Income Fund shareholders approve share issuance at EGM, granting directors authority to issue shares up to £351,606.

James Taylor
ByJames Taylor- Senior Editor
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TwentyFour Select Monthly Income Fund Limited announced that shareholders approved all resolutions at its Extraordinary General Meeting.

The closed-ended investment company, registered in Guernsey, held the meeting today to vote on resolutions initially proposed on April 28, 2026.

Shareholders approved two ordinary and two extraordinary resolutions. The extraordinary resolutions authorize directors to issue shares without pre-emption rights up to a nominal value of £351,606, representing approximately 10% of the company's issued share capital as of April 20, 2026.

The authority expires at the next Annual General Meeting or 15 months from passage, whichever comes first.

According to Bond.az, the approval is key for the company's future financing.

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TwentyFour Select OKs share issuance | Bond.az