Doc re. AGM arrangements

RNS Number : 3283V

Asia Dragon Trust PLC

10 December 2021

 

Asia Dragon Trust plc (the "Company")

Legal Entity Identifier (LEI):  549300W4KB0D75D1N730

2021 Annual General Meeting ("AGM") - Change of Arrangements

Wednesday, 15 December 2021 at 12 noon

This announcement provides an update to the Asia Dragon Trust plc AGM arrangements, as detailed in the Notice of the 2021 Annual General Meeting, published in the Annual Report for the year ended 31 August 2021, on 28 October 2021.

The Directors are aware of the potential level of increased risk posed by the recent outbreak of the new Omicron variant of the Covid-19 virus and,  as a consequence, have decided to make changes to the way in which the 2021 AGM will be conducted. The Company understands and respects the importance of the AGM to shareholders and the Board greatly values the opportunity to meet shareholders in person. However, the Board owes a duty of care to its advisers and shareholders whose health and wellbeing is of paramount importance.

The business of the AGM to be held on Wednesday, 15 December 2021 at 12 noon will therefore be purely functional in order to ensure that the Company complies with the relevant legal requirements. As such, there will be no presentation from the portfolio manager. The minimum quorum requirements, as stated in the Company's Articles of Association, will be facilitated by the Company.  The Board therefore strongly advises that no shareholders attend in person.  However, shareholders can be represented by the Chairman of the meeting acting as their proxy and the Board strongly encourages shareholders to submit their votes by proxy in advance of the AGM and to appoint the Chairman of the meeting as their proxy.

Shareholders are invited to submit any questions about the Annual Report, the investment portfolio, or any other matter relevant to the Company to the Board in advance of the meeting on 15 December 2021 by emailing the Company Secretary at [e-mail] . After the meeting representative questions will be selected and the answers to these questions published on our website with a recording of a presentation from the Portfolio Manager.

If we are obliged to change further the arrangements for the AGM details will be published via RNS and the website.

For further information please contact:

Kerry Higgins

Aberdeen Asset Management PLC

0207 618 1578

 

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