Result of AGM

RNS Number : 6766B

Invista Foundation Property Tst Ltd

20 August 2008

 



INVISTA FOUNDATION PROPERTY TRUST LIMITED

20 August 2008

Results of AGM

At the Annual General Meeting held on 19 August 2008, the following Special Resolution was passed; 

IT WAS RESOLVED THAT the Company be authorised, in accordance with Section 315 of The Companies (Guernsey) Law 2008 together (the 'Law') to make market purchases (within the meaning of Section 316 of the Law) of Ordinary Shares of 1p each ('Ordinary Shares') provided that;

a)     the maximum number of Ordinary Shares hereby authorised to be acquired shall be 14.99% of the 
        issued Ordinary Shares on the date on which this resolution is passed;

b)     the minimum price which may be paid for an Ordinary Share shall be 1p;

c)     the maximum price (exclusive of expenses) which may be paid for an Ordinary Share shall be 105% 
       of the average of the middle market quotations (as derived from the Daily Official List) for the 
       Ordinary Shares for the five business days immediately preceding the date of purchase; and 
       

unless previously varied, revoked or renewed, the authority hereby conferred shall expire on 19 August 2009 or, if earlier, at the conclusion of the Annual General Meeting of the Company to be held in 2009, save that the Company may, prior to such expiry, enter into a contract to purchase Ordinary Shares under such authority and may make an acquisition of Ordinary Shares pursuant to any such contract.

Enquiries

The Company Secretary

Northern Trust International Fund Administration Services (Guernsey) Ltd
Trafalgar Court

Les Banques

GY1 3QL

Tel: [phone]

Fax: [phone]

 

END

 

 

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