Result of AGM

RNS Number : 5566K

Herald Investment Trust PLC

21 April 2010

 

HERALD INVESTMENT TRUST plc

Annual General Meeting, 21 April 2010

At the AGM held on 21 April 2010 all resolutions were passed, including those detailed below:

Special Business

·        Shareholders voted to approve the continuation of the Company.

The full text of the resolution is as follows:

"7.    That, pursuant to article 174 of the Articles of Association of the Company, the Company will continue to operate as an investment trust company until the conclusion of the Annual General Meeting of the Company to be held in 2013."

·       Shareholders authorised the Company to renew its share buy back authority.

Shareholders approved a special resolution renewing the Company's authority to make market purchases of up to 14.99 per cent of the Company's issued share capital, being 12,115,410 ordinary shares of 25p.  Such authority will expire at the conclusion of the AGM to be held in 2011, unless previously varied, revoked or renewed.

·        Adoption of New Articles of Association

Shareholders approved a special resolution to adopt new Articles of Association which take account of further changes in company law brought about by the coming into force of the final parts of the Companies Act 2006 and the implementation of the Shareholders' Rights Directive.

The full text of all the resolutions can be found in the Notice of Annual General Meeting contained in the Annual Report and Financial Statements which is available for viewing at the UK Listing Authority's Document Viewing Facility, the address of which is shown below. A copy of the resolutions passed under special business have been submitted to the UK Listing Authority and will shortly be available for inspection at the UK Listing Authority's Document Viewing Facility at the address below.

Financial Services Authority

25 The North Colonnade

Canary Wharf

London

E14 5HS

Tel. no. (0)20 7066 1000

Baillie Gifford & Co

Company Secretary

21 April 2010

 

END

 

 

RAGSEIFEFFSSELL