Notification of shareholder r

RNS Number : 1712Q

Record PLC

29 July 2010

 



RECORD PLC

("Record" or "the Company")

Notification of shareholder resolutions at

2010 Annual General Meeting

in compliance with Listing Rule 9.6.18R

29 July 2010

Record plc held its Annual General Meeting at 10.00am on 29 July 2010 at Morgan House, Madeira Walk, Windsor SL4 1EP.

All of the twelve resolutions set out in the Notice of Annual General Meeting sent to shareholders on 25 June 2010 were approved.  The following is a summary of the proxy votes that were received by the Company's registrars:

	For		Discretionary		Against		Withheld
Resolution Number	No. of Votes	No. of Cards	No. of Votes	No. of Cards	No. of Votes	No. of Cards	No. of Votes	No. of Cards
1	151,002,486	44	4,519,125	1	647,714	2	0	0
2	151,650,200	44	4,519,215	1	0	0	0	0
3	151,020,170	44	4,519,215	1	629,023	1	1,007	1
4	151,020,170	44	4,519,215	1	629,023	1	1,007	1
5	150,643,425	43	4,519,215	1	860,279	3	146,496	1
6	150,873,674	44	4,519,215	1	629,023	1	147,503	1
7	151,021,177	44	4,519,215	1	629,023	1	0	0
8	140,787,390	42	4,519,215	1	1,081,591	2	9,781,219	3
9	150,567,602	43	4,519,215	1	1,062,900	1	19,698	2
10	151,637,193	43	4,519,215	1	12,000	1	1,007	1
11	151,650,200	44	4,519,215	1	0	0	0	0
12	150,587,300	43	4,519,215	1	1,062,900	1	0	0

All of the above resolutions were passed on a show of hands.  Each was passed unanimously in favour. 

For further information, please contact:

Record plc                                                                                          Tel: [phone]

Neil Record

Paul Sheriff

Hogarth                                                                                                Tel: [phone]

Nick Denton

John Olsen

Notes to Editors

Record is a specialist currency manager and provider of currency hedging services for institutional clients. Founded in 1983, Record has established a market leading position as a currency manager. Specifically, the Group has a leading position in managing Dynamic Hedging and Currency for Return for institutional clients.

The Group has three principal product lines:

-      Currency for Return, formerly known as Absolute Return, in which Record enters into currency contracts for clients with the objective of generating positive returns;

-      Dynamic Hedging, formerly known as Active Hedging, where Record seeks to eliminate the impact of currency movements on elements of clients' investment portfolios that are denominated in foreign currencies when these movements are expected to result in an economic loss to the client, but not to do so when they are expected to result in an economic gain; and

-      Passive Hedging, where Record seeks to eliminate fully or partially the economic impact of currency movements on elements of clients' investment portfolios that are denominated in foreign currencies.

Record (LSE: REC) was admitted to trading on the London Stock Exchange on 3 December 2007.

 

END

 

 

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