29th Jun 2007 16:33
Raven Russia Limited29 June 2007 For Immediate Release: 29 June 2007 Raven Russia Limited ("Raven Russia", the "Company" or the "Group") Result of AGM The Board of Raven Russia is pleased to announce that following the Company's AGM held earlier today, all resolutions were duly passed either unanimously or by a substantial majority of shareholders voting in favour of the Board proposals. Members constituting 76.62% of the total shareholder base were represented and voted at the meeting. Richard Jewson was appointed as a director and was subsequently elected as the new Non-Executive Chairman of the Company by a majority of 326,303,145 votes infavour to 12,144 votes against. The Board's proposals for a final dividend of 2p per share and for a scrip dividend alternative were passed unanimously. The Board's proposals, following the Property Adviser's recommendation, for a limited extension to the Company's investment strategy were passed by a majority of 315,765,289 votes in favour to 10,305,063 votes against. The Board's proposed amendments to the articles of association of the Company in accordance with AIM guidance in order to comply with the EC Transparency Obligations Directive were passed by a majority of 291,642,414 votes in favourto 30,370,908 votes against. Enquiries: Tavistock Communications: 020 7920 3150Jeremy Carey This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
RAV.L