Result of AGM

RNS Number : 5718H

Bankers Investment Trust PLC

23 February 2010

 



THE BANKERS INVESTMENT TRUST PLC

HENDERSON GLOBAL INVESTORS

23 FEBRUARY 2010

THE BANKERS INVESTMENT TRUST PLC

Annual General Meeting held on

Tuesday 23 February 2010

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 a special resolution that the Company be generally authorised to make market purchases of its own ordinary shares up to a maximum of 14.99% (equivalent to 16,757,778 ordinary shares as at today's date) at a maximum price per shares (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.  Another special resolution related to the adoption of new Articles of Association.

The Company also announces the retirement from the Board of David Thomas with effect from the close of today's Annual General Meeting.  The Board would like to thank David for his valued contribution. Matthew Thorne will succeed Mr Thomas as Audit Committee Chairman.

The full text of the resolutions can be found in the Notice of Meeting contained in the Report and Financial Statements, copies of which are available for viewing at the Document Disclosure Department of the Financial Services Authority. Copies of the new Articles of Association have been submitted to the Document Disclosure Department, and will shortly be available for inspection at the UKLA's Document Viewing Facility which is situated at:

Document Disclosure Department

Financial Services Authority

25 The North Colonnade

Canary Wharf

London  E14 5HS

Tel:  [phone]

-ENDS-

For further information please contact:

Alex Crooke

Fund Manager

The Bankers Investment Trust PLC

Tel: [phone]

Sarah Gibbons-Cook

Investor Relations and PR Manager

Henderson Global Investors

Telephone: [phone]

 

END

 

 

RAGUOVNRROAUUAR