ISRAS Investment Company Ltd.

AGM Information • Jun 24, 2013

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RNS Number : 7079H

Investment Company PLC

24 June 2013

The Investment Company plc

(the "Company")

Result of Class and General Meetings

The Board of the Company is pleased to announce that at the Company's Class Meeting and General Meeting held earlier today all resolutions were duly passed.

The proxy voting figures received in advance of the meeting are shown below:

Class Meeting:

		For		Against		Discretionary		Withheld
Special Resolution		Votes	%	Votes	%	Votes	%	Votes	%
1	To sanction and approve the Conversion	2,701,152	95.9	102,850	3.7	11,794	0.4	0	0

The total number of votes cast was 2,815,830 which represents 56.4 per cent. of the total voting rights of the Preference Shares. 

General Meeting:

		For		Against		Discretionary		Withheld
Resolution		Votes	%	Votes	%	Votes	%	Votes	%
Ordinary Resolutions
1	To adopt the proposed new Investment Policy	1,045,356	99.6	1,000	0.1	3,136	0.3	0	0
2	To authorise the Conversion	1,045,356	99.6	1,000	0.1	3,136	0.3	0	0
3	To approve the Re-designation	1,045,256	99.6	1,000	0.1	3,236	0.3	0	0
Special Resolutions
4	To adopt the amended Articles of Association	1,045,356	99.6	1,000	0.1	3,136	0.3	0	0
5	To authorise the issue of up to 7 million new Ordinary Shares on a non-pre-emptive basis	1,045,356	99.6	1,000	0.1	3,136	0.3	0	0
6	To approve the issue of Ordinary Shares at a discount to NAV per Ordinary Share for the Initial Placing	1,043,590	99.6	1,000	0.1	3,236	0.3	1,666	0.2

The total number of votes cast was 1,049,642 which represents 56.2 per cent. of the Company's total voting rights. 

Suspension and cancellation of Preference Shares

Further to the passing of the Preference Share Resolution and the Resolutions, the Company announces that the listing of the Preference Shares will be suspended at 7.30 a.m. on 27 June 2013 and the Conversion of the Preference Shares will be effective at 8.00 a.m. on Thursday 27 June 2013.

In addition, the Company announces that an application has been made to the UK Listing Authority and the London Stock Exchange for the Preference Shares to be cancelled from the Official List and trading on the London Stock Exchange respectively. It is expected that such cancellation will be effective from 8.00 a.m. on 23 July 2013.

Terms used and not defined in this announcement bear the meaning given to them in the Prospectus published on 31 May 2013.

For further information please contact:

Westhouse Securities Limited Alastair Moreton/Darren Vickers	020 7601 6118

This information is provided by RNS

The company news service from the London Stock Exchange

END

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