F&C Latin American Inv Trust PLC
08 May 2006
Not for release, publication or distribution in or into the United States,
Canada, Australia or Japan
08 May 2006
F&C LATIN AMERICAN INVESTMENT TRUST PLC (the 'Company')
Results of the AGM and EGM
At the Annual General Meeting which took place earlier today, the resolutions
put forward relating to ordinary business and special business, including the
continuation of the Company as an investment trust were all passed.
The Chairman reported at the meeting that the costs of running the Company for
the year ended 31 December 2005 as disclosed on page 55 of the Company's annual
report did not include the costs which had been charged to capital. When these
additional costs were taken into account the figures were 1.61 (based on net
assets) and 1.59 (based on total assets) rather than 0.65 and 0.64.
At the Extraordinary General Meeting which also took place earlier today, the
resolutions put forward to implement a tender offer to purchase up to 24.99 per
cent of the issued share capital of the Company, implement further share buy
back authorities, and to change the name of the Company to 'Merrill Lynch Latin
American Investment Trust PLC' were all passed.
Enquiries
Merrill Lynch Investment Managers
Jonathan Ruck Keene 020 7743 3000
UBS Limited
Will Rogers 020 7567 8000
The Tender Offer is not being made, directly or indirectly, in or into or by the
use of mails or by any means or instrumentality (including, without limitation,
facsimile transmission, telex and telephone) of interstate or foreign commerce,
or any facility of a national securities exchange, of the United States, Canada,
Australia, or Japan, and the Tender Offer is not capable of being accepted by
any such use, means, instrumentality or facility or from within the United
States, Canada, Australia, or Japan.
UBS Limited is acting for the Company in connection with the Tender Offer and no
one else and will not be responsible to anyone other than the Company for
providing the protections offered to clients of UBS Limited nor for providing
advice in relation to the Tender Offer.
This information is provided by RNS
The company news service from the London Stock Exchange
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