Result of AGM

RNS Number : 4007R

Oryx International Growth Fund Ld

20 August 2010

 



For immediate release on 20 August 2010

Oryx International Growth Fund Limited ("Oryx" or the "Company")

Result of Annual General Meeting

The Company is pleased to announce that Resolutions 1 to 9 proposed at the Annual General Meeting held earlier today were duly passed.

The results of the voting by way of a poll on Resolution 9 (Waiver Resolution) were as follows:

Resolution	Votes in favour*	%	Votes against	%	Withheld votes**
9	4,040,369		52,579		3,365

* The "in favour" votes include those votes giving the Chairman discretion

** The "withheld" votes are not counted towards the votes cast

Christopher Mills and North Atlantic Smaller Companies Investment Trust plc, who comprise a Concert Party for the purposes of the City Code and are interested in 7,435,000 Ordinary Shares representing 35.37 per cent. of the Company's issued share capital, were not entitled to vote on the Waiver Resolution. Following the passing of the Waiver Resolution, the maximum potential interests of the Concert Party would be 41.60 per cent. of the Company's issued share capital assuming (i) full use is made by the Company of the Share Purchase Authority granted at the AGM, (ii) no member of the Concert Party disposes of any of its Ordinary Shares pursuant to the exercise of the Share Purchase Authority, and (iii) no person exercises any options or other rights to subscribe for Ordinary Shares.

The Company's issued share capital, as at 20 August 2010 is 21,022,852 Ordinary Shares of 50p each.

Enquiries:

Sara Bourne

BNP Paribas Fund Services (Guernsey) Limited            Tel:  [phone]

Alastair Moreton

Hannah Pearce

Arbuthnot Securities Limited                                         Tel:  [phone]

Capitalised terms used in this announcement will have the same meaning as in the Circular dated 5 July 2010 unless the context requires otherwise.

 

END

 

 

RAGSEIFSSFSSEFA