Result of EGM

RNS Number : 6314J

Atlantis Japan Growth Fund Ld

01 April 2010

 

ATLANTIS JAPAN GROWTH FUND LIMITED

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

1st April 2010

Result of Extraordinary General Meeting

The Company announces that the Special Resolution proposed at the Extraordinary General Meeting held earlier today was not passed. Accordingly the proposed bonus issue of subscription shares, subdivision, reclassification and redenomination of shares, amendments to the Memorandum and adoption of new articles will not be implemented. 

The total number of votes cast on a poll at the meeting was as follows:

Vote	Number	%
For	5,151,570	55.73
Against	4,092,903	44.27
Withheld	438

The Board, having canvassed its major shareholders, believed that the proposals were in the best interests of all shareholders.  The Board notes that a majority of shareholders were in favour of the proposals which the Board hoped would have:

-     delivered value to shareholders;

-     improved liquidity in the shares; and

-     created greater interest in the Company and led to its inclusion in the FTSE Indices.

Enquiries

Andrew Martin Smith Director Sarah Elton Atlantis Investment Management Ltd	020 7638 9192
William Simmonds J.P. Morgan Cazenove	020 7588 2828

 

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