20th Dec 2007 07:01
South African Property Opps PLC20 December 2007 South African Property Opps Plc19 December 2007 FOR IMMEDIATE RELEASE South African Property Opportunities plc ("the Company") 19 December 2007 Re: Result of the Annual General Meeting The Company announces that at the Annual General Meeting held earlier today,shareholders approved the following ordinary resolutions: Resolution 1 - Adoption of the Report of the Investment Manager, Report of theDirectors, Auditors' Report and the Audited Consolidated Financial Statements ofthe Company for the period from 27 June 2006 (date of incorporation) to 30 June2007. Resolution 2 - No payment of dividend to the holders of the ordinary shares Resolution 3 - Re-appointment of Mr Quentin Spicer as a director of the Company Resolution 4 - Re-appointment of Mr Peter Milton Bester as a director of theCompany Resolution 5 - Re-appointment of PricewaterhouseCoopers, Isle of Man as Auditorsof the Company for the year ended 30 June 2008 at a fee to be approved by thedirectors Resolution 6 - The authority for the purchase of 15% of the fully paid ordinaryshares in issue at a price of no less than one pence and not more than £5 withan expiry date of the conclusion of the second Annual General Meeting or, ifearlier, on 31 December 2008. Enquiries Principle CapitalAnne Dalen Tel: + 44 (0) 20 7240 3222 Landsbanki Securities (UK) LimitedPaul FinchamJonathan BecherRobert Naylor Tel: +44 (0) 20 7426 9000 Galileo Fund Services LimitedIan Dungate/Suzanne Jones Tel: +44 (0) 1624 692600 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
South African Property Opportunities