Result of General Meeting

RNS Number : 4296Z

Witan Investment Trust PLC

26 May 2016

 

WITAN INVESTMENT TRUST PLC

26 MAY 2016

General Meeting Held On Thursday 26 MAY 2016

Witan Investment Trust plc ('the Company') hereby gives notification that, at a General Meeting of the Company held on Thursday 26 May 2016, both resolutions, as set out in full in the notice of meeting dated 29 April 2016, were duly passed as follows:

1. That the related party transaction with Friends Life on the terms summarised in paragraph 2 of the Chairman's Letter on page 2 and in Part IV on page 7 of the circular be approved for the purposes of Chapter 11 of the Listing Rules of the Financial Conduct Authority.

2. That the Company be and is hereby generally and unconditionally authorised to undertake a market acquisition of up to Friends Life's entire holding of 31,636,753 Shares, such authority to be separate and in addition to the Company's authority to repurchase its own Shares granted at the Company's Annual General Meeting.

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

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For further information please contact:

Andrew Bell

Chief Executive Officer

Witan Investment Trust plc

Telephone:  [phone]

 

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