Result of AGM
THE BANKERS INVESTMENT TRUST PLC
HENDERSON GLOBAL INVESTORS
22 FEBRUARY 2011
THE BANKERS INVESTMENT TRUST PLC
Annual General Meeting held on
Tuesday 22 February 2011
The Bankers Investment Trust PLC announces that at the Annual General Meeting held earlier today all resolutions proposed were duly passed, four of which were special resolutions, including resolutions that a general meeting may be called on not fewer than 14 clear days' notice; replacing article 109 in the Company's articles of association; and that the Company be generally authorised to make market purchases of its own ordinary shares up to a maximum of 14.99% (equivalent to 16,651,767 ordinary shares as at today's date) at a maximum price per share (exclusive of expenses) not exceeding 105% of the average middle market quotations for the five business days preceding the date of purchase. Shares repurchased will be cancelled.
The Company also announces the appointment of Mr Peter Sullivan to the Board today and the retirement from the Board of Mr Francis Sumner with effect from the close of today's Annual General Meeting. The Board would like to thank Francis for his valued contribution. Richard Killingbeck will succeed Francis as Senior Independent Director.
The full text of all the resolutions can be found in the Notice of Meeting, copies of which are available for viewing at www.Hemscott.com/nsm.doc.
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For further information please contact:
Alex Crooke
Fund Manager
The Bankers Investment Trust PLC
Tel: 020 7818 4447
Sarah Gibbons-Cook
Investor Relations and PR Manager
Henderson Global Investors
Telephone: 020 7818 3198
This information is provided by RNS