AGM Statement

RNS Number : 9776H

Securities Trust of Scotland PLC

18 July 2012

 



Securities Trust of Scotland plc ("the Company")

Results of Annual General Meeting and General Meeting

18 July 2012

At the Annual General Meeting of the Company held on 18 July 2012, all resolutions were duly passed.  Details of the proxy votes received can be found on the Company's website www.securitiestrust.com

A copy of the full text of the special resolutions passed at the Annual General Meeting will be lodged with the National Storage Mechanism and will shortly be available for viewing at www.hemscott.com/nsm.do 

The special resolutions passed were as follows:

1 To authorise the directors to allot equity securities up to a maximum nominal amount of £334,199 (being one third of the issued share capital of the Company).

2 To authorise the directors to disapply pre-emption rights on the allotment of equity securities subject to restrictions.

3 To authorise the Company to buyback shares up to a maximum of 14.99% of the issued share capital.

4 To approve and adopt the Articles of Association, which have been amended to remove the restraint on paying dividends out of capital.

Victoria Timlin

Martin Currie Investment Management Limited

Tel [phone]

 

END

 

 

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