Result of AGM

RNS Number : 2200A

Atlantis Japan Growth Fund Ld

05 October 2009

 



ATLANTIS JAPAN GROWTH FUND LIMITED

(A closed-ended investment company incorporated in Guernsey with registration number 30709)

Result of Annual General Meeting

At the Annual General Meeting of the Company held on 2 October 2009, all Ordinary Resolutions set out in the AGM Notice sent to shareholders dated 7 August 2009 were duly passed.

At the same Annual General Meeting noted above, the following Special Resolutions were also passed:

SPECIAL RESOLUTIONS:

(1)       IT WAS RESOLVED THAT the Company be unconditionally and generally authorised in accordance with The Companies (Guernsey) Law, 2008, as amended, (the 'Law') to make market acquisitions of its Ordinary Shares of 1 cent each in its capital subject as follows:

a)         the maximum number of Ordinary Shares ('Shares') hereby authorised to be purchased shall be 14.99% per cent. of the total number of Shares in issue;

b)         the maximum price which may be paid for any such Shares which the Company contracts to purchase on any day shall be a sum equivalent to 105% of the average of the middle market quotation for the Shares on the Daily Official List of the London Stock Exchange on the 5 business days immediately preceding that day;

c)         any purchase of Shares will be made in the market for cash at prices below the prevailing Net Asset Value per share;

d)         the minimum price which may be paid for such Shares is USD0.01;

e)         the authority conferred by this resolution shall expire at the conclusion of the next Annual General Meeting of the Company or, if earlier, on the expiry of eighteen months from the passing of this resolution, unless such authority is renewed, varied or revoked prior to such time

 

(2)        IT WAS RESOLVED to alter the Articles of Incorporation of the Company by the deletion of the wording in Article 47 and replacing it with the following words:

 

'No business shall be transacted at any general meeting unless a quorum is present when the meeting proceeds to business. For all purposes the quorum shall be not less than two Members present in person or by proxy. In circumstances where the Company only has one Member, one Member present in person or by proxy shall form a quorum.'

 

5th October 2009 

Enquiries: 

Northern Trust International Fund Administration Services (Guernsey) Limited

Andrew Maiden 

Tel: [phone]

 

END

 

 

RAGFSISUISUSEES