Result of General Meeting/ Issue CULS

RNS Number : 5629D

Aberdeen Asian Smaller Co's Inv Tst

17 May 2012

 



17 May 2012

Not for release, publication or distribution, directly or indirectly, in whole or in part, in or into the United States, Canada, Australia, Japan, New Zealand or the Republic of South Africa or any other jurisdiction in which the same would be unlawful.

Aberdeen Asian Smaller Companies Investment Trust PLC (the "Company")

Placing and open offer of £35 million nominal of 3.5 per cent. Convertible Unsecured Loan Stock 2019 at 100p per £1 nominal ("CULS")

Results of General Meeting

The Company announces that the two resolutions put to the general meeting of the Company held earlier today in connection with the Company's proposed issue of CULS and adjustment to the Company's investment objective  and policy were duly passed. 

The proxy votes received in respect of the general meeting are shown in the following table:

	FOR		DISCRETIONARY		AGAINST		WITHHELD		TOTAL VOTE
Resolution Number	No. of Votes		No. of Votes		No. of Votes		No. of Votes
01	13,394,961		6,097		42,550		5,913		13,449,521
02	13,391,490		15,097		33,423		9,511		13,449,521

£35 million nominal of CULS will be issued and dealings are expected to commence at 8:00 a.m. on 18 May 2012.

A copy of the resolutions has been submitted to the National Storage Mechanism and will shortly be available for inspection at: www.morningstar.co.uk/uk/NSM. A copy of the proxy results will also available for download from the Company's website, www.asian-smaller.co.uk.*

*Neither the NSM website nor the Company's website nor the content of any website accessible from hyperlinks on either of those websites (or any other website) is (or is deemed to be) incorporated into, or forms (or is deemed to form) part of this announcement.

Words and expressions defined in the Prospectus have the same meanings when used in this announcement.

Enquiries

Matrix
Paul Fincham/Robert Naylor                                      020 3206 7000

Aberdeen Asset Managers Limited
William Hemmings                                                     020 7463 6000

Notes

Matrix Corporate Capital LLP ("Matrix"), which is authorised and regulated in the United Kingdom by the FSA, is acting solely for the Company and for no one else in connection with the Issue and Admission and will not be responsible to anyone other than the Company for providing the protections afforded to clients of Matrix or for affording advice in relation to the Issue, Admission or any other matter referred to in this announcement or the Prospectus. 

 

END

 

 

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