On Friday, 10 August 2018, Rural Funds Management Limited (RFM), as responsible entity of the Rural Funds Group (RFF), held Unitholder meetings at which the provision of a $75 million limited guarantee (Guarantee) to J&F Australia Pty Limited (J&F) was approved.
Votes cast on the resolution are summarised below:
| Value
$ |
% |
|
| Votes cast ‘FOR’ the resolution | 183,461,996 | 99.80% |
| Votes cast ‘AGAINST’ the resolution | 366,708 | 0.20% |
| TOTAL votes cast | 183,828,704 | 100.00% |
| Votes ‘ABSTAINED’ | 429,379 |
Full details can be found in the Notice of Meetings and Explanatory Memorandum here.