Result of AGM

RNS Number : 2458D

Lowland Investment Co PLC

29 January 2018

 

HENDERSON INVESTMENT FUNDS LIMITED

LOWLAND INVESTMENT COMPANY PLC

LEGAL ENTITY IDENTIFIER: 2138008RHG5363FEHV19

29 JANUARY 2018

LOWLAND INVESTMENT COMPANY PLC

Annual General Meeting held on 29 January 2018

Lowland Investment Company plc announces that at the Annual General Meeting held earlier today all resolutions proposed were duly passed on a show of hands. This included three Special Resolutions authorising:

-     the  allotment of ordinary shares for cash on a non-pre-emptive basis up to a nominal value of £675,464 (equivalent to 10% of the issued ordinary share capital at today's date);

-     market purchases of the Company's ordinary shares up to a maximum of 14.99% of the issued ordinary share capital (equivalent to 4,050,082 ordinary shares as at today's date) at the maximum price per share (exclusive of expenses) not exceeding the higher of: i) 105% of the average middle market quotations for the five business days preceding the date of purchase; and ii) the higher of the last independent bid and the highest current independent bid on the London Stock Exchange;

-     that a General Meeting other than an Annual General Meeting may be called on not less than 14 clear days' notice.  

The full text of all the resolutions can be found in the Notice of Meeting, copies of which are available for viewing at www.morningstar.co.uk/uk/nsm.

For further information please contact:

Matthew Purkis

For and on behalf of Henderson Secretarial Services Limited

Lowland Investment Company plc

Tel: [phone]

Sarah Gibbons-Cook

Investor Relations and PR Manager

Henderson Investment Funds Limited

Telephone: [phone]

Neither the contents of the Company's website nor the contents of any website accessible from hyperlinks on the Company's website (or any other website) is incorporated into, or forms part of, this announcement.

 

END

 

 

RAGEASFNADSPEFF