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HOUSTON, May 16 /PRNewswire/ -- Equus II Incorporated (AMEX: EQS) reports that it issued 459,973 shares of its common stock yesterday in satisfaction of $11,210,529 in deferred incentive fees owed as of March 31, 1997, to Equus Capital Management Corporation, the investment advisor of the Fund.
Lehmann, 62, was President of Equus Capital Management Corporation, a registered investment advisor, and from 1991 to 2005 he was president and a director of Equus II Incorporated, a registered business development company traded on the NYSE.
A majority of the outstanding shares of both Funds were also voted in favor of other matters including an amendment to the management agreement between EQS and Equus Capital Management Corporation.