Result of AGM

RNS Number : 4553P

Qatar Investment Fund PLC

03 October 2011

 



3 October 2011

QATAR INVESTMENT FUND PLC

(the "Company")

2011 AGM Results

The Board of Qatar Investment Fund plc (QIF LN Equity) announces that at the Annual General Meeting ("AGM") held today at 10.00am, the following resolutions were passed:

ORDINARY BUSINESS

Resolution 1

The Report of the Directors, Directors Remuneration Report, Auditors' Report and the Audited Consolidated Financial Statements of the Company for the year ended 30 June 2011 were adopted with 131,518,579 votes cast in favour with no votes cast against and 2,203,502 abstentions.

Resolution 2

The final dividend of USD 2.70 cents per ordinary share for the year ended 30 June 2011 was approved with 133,722,081 votes cast in favour with no votes cast against and no abstentions.

Resolution 3

KPMG Audit LLC Isle of Man was re-appointed as auditors of the Company for the year ending 30 June 2012 with 131,518,579 votes cast in favour with no votes cast against and 2,302,502 abstentions.

Resolution 4   

Mr Paul Macdonald, who retired in accordance with the Articles of Association, was re-elected a director the Company with 131,518,579 votes cast in favour with 2,203,502 votes cast against and no abstentions.

Resolution 5

Mr Leonard O'Brien, who retired in accordance with the Articles of Association, was re-elected a director the Company with 131,518,579 votes cast in favour with 2,203,502 votes cast against and no abstentions.

Resolution 6

Mr David von Simson, who retired in accordance with the Articles of Association, was re-elected a director the Company with 131,518,579 votes cast in favour with 2,203,502 votes cast against and no abstentions.

Resolution 7

Mr Nicholas Wilson, who retired in accordance with the Articles of Association, was re-elected a director the Company with 131,518,579 votes cast in favour with 2,203,502 votes cast against and no abstentions.

Resolution 8

Mr Neil Benedict, who retired in accordance with the Articles of Association, was re-elected a director the Company with 131,518,579 votes cast in favour with 2,203,502 votes cast against and no abstentions.

SPECIAL BUSINESS

Resolution 9

The authority for the purchase of up to 14.99% by the Company of the fully paid ordinary shares in issue at a price of no less than USD0.01,not more than USD5.00 and no higher than 5% above the average market value of the Company'sequitysharesfor the 5 business days prior to the day the purchase is made, with an expiry date of the conclusion of the next Annual General Meeting, or if earlier, on 23 December 2012, was approved with 133,722,081 votes cast in favour with no votes cast against and no abstentions.

Resolution 10

The rights of holders of equity securities in the Company to receive a pre-emptive offer of equity securities pursuant to Article 5A.2 of the Company's Articles of Association are excluded in respect of 23,283,146 ordinary shares, such exclusion to expire immediately prior to the Annual General Meeting of the Company to be held in 2012, was approved with 131,509,579 votes cast in favour with no votes cast against and 2,212,502 abstentions.

A copy of the ordinary resolution 9 and special resolution 10 passed under Special Business at the Company's Annual General Meeting held 3 October 2011 will be submitted to the National Storage Mechanism and will be available for inspection at:

www.hemscott.com/nsm.do

Contact:

Ian Dungate/Suzanne Jones                                              [phone]

Galileo Fund Services Limited

Andrew Potts/Callum Stewart                                            [phone]

Panmure Gordon

Joe Winkley/Neil Winward                                                 [phone]

Oriel Securities

William Clutterbuck/Sam Turvey                                       [phone]

Maitland

/END

 

END

 

 

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