Truetide shareholders approve an immediate change to the investing policy

Truetide announced on 7 September 2026 that shareholders approved the change to its investing policy. The revised policy took effect immediately after the general meeting.

Voting and effective date

The resolution received 26,347,096 votes in favour, or 83.79% of votes cast excluding withheld votes. There were 5,097,964 votes against, representing 16.21%, and 67,231 votes withheld.

The operative investment mandate is the one in the company's 21 August circular. Today's announcement confirms approval; it does not announce a completed investment or acquisition.

Implications for shareholders

This matters because an investing policy defines the framework within which directors can deploy capital. Approval removes the shareholder-vote condition for that policy change, but investment selection, financing and execution still determine the economic outcome.

The meaningful follow-up is the first transaction under the revised mandate: its price, funding mix, concentration risk and expected contribution. Today's vote alone provides no basis to assign a value to future deals.

The level of opposition also merits attention: roughly one-sixth of votes cast were against the proposal.

Source: Company announcement, 7 September 2026.