20th Aug 2008 07:00
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) LtdTrafalgar Court
Les Banques
GY1 3QL
Tel: 01481 745529
Fax: 01481 745085
Related Shares:
Schroder Real