UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of report (Date of earliest event reported): June 14, 2017

 

 

Global Indemnity Limited

(Exact name of registrant as specified in its charter)

 

 

 

Cayman Islands   001-34809   98-1304287

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

 

27 Hospital Road

George Town, Grand Cayman

KY1-9008, Cayman Islands

  None
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code: (345) 949-0100

Not Applicable

Former name or former address, if changed since last report

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company   ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.   ☐

 

 

 


Item 5.07. Submission of Matters to a Vote of Security Holders

On June 14, 2017, the Company held its 2017 Annual General Meeting. The proposals submitted to a vote of the shareholders at the meeting are described in detail in the Company’s Proxy Statement. The final results of voting for each matter are as follows:

Proposal 1: Election of directors

The following individuals were elected to the Company’s Board of Directors to hold office for the term expiring at the 2017 Annual General Meeting of shareholders or until their successors are duly elected and qualified:

 

    

Votes For

  

Votes Against

  

Abstain

  

Broker non-votes

Saul A. Fox

       50,277,132        1,143,162        1,471        396,911

Joseph W. Brown

       51,397,149        24,308        308        396,911

Raphael L. de Balmann

       51,382,077        26,795        12,893        396,911

Seth J. Gersch

       51,412,901        7,033        1,831        396,911

John H. Howes

       51,387,386        32,548        1,831        396,911

Bruce R. Lederman

       51,404,661        15,633        1,471        396,911

Cynthia Y. Valko

       51,412,064        9,393        308        396,911

Proposal 2: To act on a matter concerning Global Indemnity Reinsurance Company, Ltd.

 

  A. Election of directors and alternate director of Global Indemnity Reinsurance Company, Ltd.

The following individuals were elected to Global Indemnity Reinsurance Company Ltd.’s Board of Directors:

 

    

Votes For

  

Votes Against

  

Abstain

  

Broker non-votes

Stephen Green

       51,413,277        476        8,012        396,911

Terence J. Power

       51,383,413        30,340        8,012        396,911

Cynthia Y. Valko

       51,413,764        2,476        5,525        396,911

Marie-Joelle Chapleau (alternative director)

       51,413,132        621        8,012        396,911

Grainne Richmond (alternative director)

       51,413,132        621        8,012        396,911

 

  B. To ratify the appointment of Ernst & Young, Ltd., Hamilton, Bermuda, as the independent auditor of Global Indemnity Reinsurance Company, Ltd.

The proposal was approved by the following vote:

 

Votes For

 

Votes Against

 

Abstain

 

Broker non-votes

51,811,292

  1,636   5,748  

Proposal 3: To ratify the appointment of the Company’s independent auditors and to authorize the Company’s Board of Directors, acting through its Audit Committee to determine its fees.

The proposal was approved by the following vote:

 

Votes For

 

Votes Against

 

Abstain

 

Broker non-votes

51,815,202

  1,636   1,838  


Proposal 4: To approve, in a non-binding, advisory vote, the compensation of the Company’s named executive officers as disclosed pursuant to the rules of the Securities and Exchange Commission as set forth in the Company’s proxy statement for the 2017 Annual General Meeting:

 

Votes For

 

Votes Against

 

Abstain

 

Broker non-votes

51,088,990

  330,928   1,847   396,911

Proposal 5: To recommend, in a non-binding advisory vote, the frequency of shareholder votes to approve the compensation of the Company’s named executive officers as disclosed pursuant to the rules of the Securities and Exchange Commission in the Company’s proxy statements:

 

1 year

 

2 years

 

3 years

 

Abstain

 

Broker non-votes

2,381,388

  6,034   49,033,809   534   396,911


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

        Global Indemnity Limited
Date: June 15, 2017     By:   /s/ Thomas M. McGeehan
     

 

     

Name:  Thomas M. McGeehan

     

Title:    Chief Financial Officer