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Jersey Finance partners with Durrell trust to launch global rewilding fund
Jersey Finance, in conjunction with Durrell Wildlife Conservation Trust, is formally launching a new initiative today, aimed at protecting wildlife and ‘rewilding ecosystems around the world.
The Jersey Fund for a Wilder World is being officially launched at Jersey Finance s Annual Review today, with the objective of effecting positive change on the restoration of global ecosystems, and is designed to give financial services firms in Jersey the opportunity to contribute a portion of their fees earned from sustainable finance workflows to a pooled central pot.
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Contributing to the fund is voluntary, and is initially open to fund service providers, including administrators, law firms and accountancy firms, with the intention to ultimately open the fund up to a wider cross section of Jersey s finance industry.
NOTICE OF EXTRAORDINARY GENERAL MEETING The Company today announces that the board of directors of the Company (the Board ) has conditionally resolved to alter the means by which the Company will satisfy its Ordinary Share Distribution Policy. Conditional upon the passing of resolution 5 set out below, the Board intends to satisfy the requirements of the policy by distributing at least fifty per cent. of amounts distributed on its Ordinary Shares by way of dividend, with the remainder to be returned by way of share buybacks executed by Marwyn Value Investors LP (the Master Fund ). Following the adjourned 2020 annual general meeting of the Company on 3 December 2020 (the AGM ), certain information has come to the attention of the Board which calls into question the outcome of that meeting. It is therefore proposed that the Company holds an extraordinary general meeting (the EGM ) where the resolutions tabled at the AGM be proposed again.