Result of AGM

RNS Number : 1548W

Oryx International Growth Fund Ld

17 August 2015

 



17 August 2015

Oryx International Growth Fund Limited ("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 on Friday 14 August 2015 were duly passed. In relation to Resolution 10 (resolution to wind up the Company) the Company is pleased to announce that 99.58 per cent. of votes received were against this resolution and accordingly the Company will not be wound up.

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	1,616,174	72.13	624,449	27.87	6,798,531

* 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 46.10 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 51.22 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 13 August 2015 is 16,127,125 Ordinary Shares of 50p each.

Enquiries:

Kevin Curtis

BNP Paribas Securities Services S.C.A., Guernsey Branch

Tel: [phone]

 

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