Result of AGM

RNS Number : 2060Q

Bankers Investment Trust PLC

25 February 2016

 

THE BANKERS INVESTMENT TRUST PLC

HENDERSON INVESTMENT FUNDS LIMITED

25 FEBRUARY 2016

THE BANKERS INVESTMENT TRUST PLC

Annual General Meeting held on

Thursday 25 February 2016

The Bankers Investment Trust PLC announces that at the Annual General Meeting held earlier today all resolutions proposed were duly passed, three of which were special resolutions authorising:

-     a general meeting to be called on not fewer than 14 clear days' notice;

-     up to 10% of the share capital to be issued or sold out of treasury  without first offering them to existing shareholders in accordance with statutory pre-emption procedures; and

-      the Company to make market purchases of its own ordinary shares up to a

maximum of 14.99% (equivalent to 17,168,322 ordinary shares as at today's date) at the maximum price per share (exclusive of expenses) not exceeding the higher of:  i) 105% of the average middle market quotations for the five business days preceding the date of purchase; and ii) the higher of the last independent bid and the highest current independent bid on the London Stock Exchange. Shares repurchased will either be held in treasury or cancelled. 

The full text of all the resolutions can be found in the Notice of Meeting, copies of which are available for viewing at www.Hemscott.com/nsm.doc.

For further information please contact:

Alex Crooke

Fund Manager

The Bankers Investment Trust PLC

Tel: [phone]

Sarah Gibbons-Cook

Investor Relations and PR Manager

Henderson Global Investors

Telephone: [phone]

 

END

 

 

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