Result of AGM

RNS Number : 7883V

Lowland Investment Co PLC

18 January 2012

 



LOWLAND INVESTMENT COMPANY PLC

HENDERSON GLOBAL INVESTORS

18 JANUARY 2012

LOWLAND INVESTMENT COMPANY PLC

Annual General Meeting held on

Wednesday 18 January 2012

Lowland Investment Company plc announces that at the Annual General Meeting held earlier today all resolutions proposed were duly passed, three of which were special resolutions, including resolutions that a general meeting may be called on not fewer than 14 clear days' notice and to authorise the Company to make market purchases of its own ordinary shares up to a maximum of 14.99% (equivalent to 3,959,972 ordinary shares as at today's date), at a maximum price per shares (exclusive of expenses) not exceeding 105% of the average middle market quotations for the five business days preceding the date of purchase.

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.

The Company also announces the retirement from the Board of John Hancox from the conclusion of today's Annual General Meeting. He has served  as a director since 15 February 2000 and was appointed Chairman on 15 December 2004 and the Board would like to thank John for his valued contribution to the Company. Peter Troughton succeeds John Hancox as Chairman with immediate effect. 

- ENDS -

Neither the contents of the Company's website nor the contents of any website accessible from hyperlinks on the Company's website (or any other website) is incorporated into, or forms part of, this announcement.

For further information please contact:

James Henderson

Fund Manager

Lowland Investment Company plc

Tel: [phone]

James de Sausmarez

Head of Investment Trusts

Henderson Global Investors

Tel: [phone]

 

END

 

 

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