AGM Statement

RNS Number : 9695U

Pacific Horizon Investment Tst PLC

25 October 2010

 

PACIFIC HORIZON INVESTMENT TRUST PLC

Annual General Meeting

 25 October 2010

At the Annual General Meeting held on 25 October 2010 all resolutions were passed, including those detailed below:

·    Shareholders authorised the renewal of the authority to issue shares

Shareholders approved resolutions renewing the Directors general authority to issue shares up to an aggregate nominal amount of £782,870 and to allot a limited number of shares for cash on a non-pre-emptive basis again up to £782,870 (being 10% of the issued share capital of the Company).

·    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 11,735,221 ordinary shares of 10p. The authority will expire at the conclusion of the Annual General Meeting of the Company to be held in respect of the financial year ending 31 July 2011, unless previously varied, revoked or renewed.

Baillie Gifford & Co

Company Secretaries

25 October 2010

 

END

 

 

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