Result of EGM

RNS Number : 7909B

Qatar Investment Fund PLC

09 January 2015

 



9 January 2015

Qatar Investment Fund plc

("QIF" or the "Company")

Results of Extraordinary General Meeting

The Board of Qatar Investment Fund plc announces that at the Extraordinary General Meeting held today at 10.30 a.m., the Resolution was passed on a poll. The results are shown below.

	For	Against	Withheld
Ordinary Resolution	114,873,196 (74.2%)	nil (nil%)	nil

The total number of votes cast was 114,873,196 which represents approximately 74.2 per cent. of the Company's total voting rights.

Results of Tender Offer

Further to the announcement of the proposed tender offer on 11 December 2014, the Board of the Company announces that the tender offer for the purchase of up to 15,477,601 Ordinary Shares (representing 10 per cent. of the Shares in issue as at 10 December 2014 excluding treasury shares) closed at 1.00 p.m. on 6 January 2015.

A total of 14,983,461 Shares were validly tendered under the Basic Entitlement of the Tender Offer. This equates to 9.68 per cent. of the Company's Shares in issue as at 10 December 2014 (excluding treasury shares), and 96.81 per cent. of the shares available under the Tender Offer. Excess tenders will be satisfied to the extent of a further 494,140 Shares, representing 0.557 per cent. of the excess Shares tendered.

In total, 15,477,601 Shares were validly tendered under the Tender Offer, representing 10.0 per cent. of the Company's Shares in issue as at 8 January 2015 (excluding treasury shares), all of which will be repurchased by the Company and cancelled.

Details of the Tender Price are expected to be announced on 23 January 2015.

A copy of the resolution will be submitted to the National Storage Mechanism and will be available for inspection at: www.hemscott.com/nsm.do.

Capitalised terms and expressions have the same meanings as those attributed to them in the Company's Circular dated 11 December 2014.

For further information:

Qatar Investment Fund Plc [phone]

Nick Wilson

Panmure Gordon [phone]

Richard Gray / Andrew Potts / Atholl Tweedie

Maitland [phone]

William Clutterbuck / Robbie Hynes

Galileo Fund Services Limited [phone]

Ian Dungate

 

END

 

 

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