71.28 The Remuneration Committee notes the concerns raised by shareholders in relation to the remuneration report, and will reflect on this and communicate with shareholders in relation to the specific actions that it intends to take. As noted in the recently published annual report, the Remuneration Committee will continue to review the appropriateness of the remuneration policy as the business strategy evolves during the early part of 2021 and will continue to engage to the extent any changes are proposed.
NOTES:
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Proxy appointments which gave discretion to the Chairman of the AGM have been included in the For total for the appropriate resolution.
Proposed Cancellation to Trading on AIM, Publication of Circular and Notice to convene the Annual General Meeting ( AGM ) The Company has today published a Circular incorporating its Notice of AGM with the proposal to, amongst other matters, seek Shareholders approval to de-list the Company from AIM pursuant to AIM Rule 41 (the Cancellation ) and re-register as a private company (the Re-registration ). The Directors have conducted a review of the various benefits and drawbacks to the Company and its Shareholders in relation to retaining its listing on AIM. The Directors unanimously believe that a potential Cancellation is in the best interest of the Company and its Shareholders, and have considered the following key factors (amongst others) in reaching a decision:
Bluefield Solar is a UK income fund focused, primarily, on acquiring and managing UK-based solar projects to generate renewable energy for periods of typically 25 years or longer. Not less than 75% of the Company s gross assets will be invested into UK solar assets. The Company can also invest up to 25% of its gross assets into onshore wind, hydro and storage technologies. Its primary objective is to deliver to its shareholders stable, long term sterling income via quarterly dividends. The majority of the Group s revenue streams are regulated and non-correlated to the UK energy market. Bluefield Solar owns and operates one of the UK s largest, diversified portfolios of solar assets with a combined installed power capacity in excess of 543 Megawatt peak.
MJ Hudson, the international asset management consultancy, provides legal services, outsourcing, analytics and complementary advice and support to fund managers, investors and their counterparties, together forming an end-to-end platform of services to asset management. From its offices across Europe s major asset management centres and North America, MJ Hudson s team of 180 professionals works in all alternative and traditional asset classes, including private equity, venture capital, hedge funds, real estate, infrastructure, energy, private credit and the equity and debt capital markets. The firm was admitted to the AIM market of the London Stock Exchange on 12 December 2019 and trades under the MJH.L symbol.