29th Jun 2007 11:44
Standard Life Invs Property Inc Tst29 June 2007 28 June 2007 STANDARD LIFE INVESTMENTS PROPERTY INCOME TRUST LIMITED Result of Annual General Meeting At the Annual General Meeting held on 28 June 2007, the following SpecialResolutions were passed; Resolution 6 IT WAS RESOLVED To authorise the Company, in accordance with Section 5 of theCompanies (Purchase of Own Shares) Ordinance 1998 ("the Ordinance"), to makemarket purchases (within the meaning of Section 18 of the Ordinance) of ordinaryshares of 1p each ("Ordinary Shares") provided that; a) the maximum number of Ordinary Shares hereby authorised to be purchased shallbe 14.99 per cent of the issued Ordinary Shares on the date on which thisresolution 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 OrdinaryShare shall be 105 per cent of the average of the middle market quotations (asderived from the Daily Official List) for the Ordinary Shares for the fivebusiness days immediately preceding the date of purchase; d) unless previously varied, revoked or renewed, the authority hereby conferredshall expire on 28 September 2008 or, if earlier, at the conclusion of theAnnual General Meeting of the Company to be held in 2008, save that the Companymay, prior to such expiry, enter into a contract to purchase Ordinary Sharesunder such authority and may make a purchase of Ordinary Shares pursuant to anysuch contract. Resolution 7 IT WAS FURTHER RESOLVED That the Company be authorised, in accordance withsection 1 of The Companies (Purchase of Own Shares) (Treasury Shares) Ordinance,2006, to hold any shares, purchased by it in accordance with the Companies(Purchase of Own Shares) Ordinance, 1998, and out of distributable profits, astreasury shares, by way of an amendment to the company's articles of associationas set out in the proposed articles of association to be tabled at the AGM whichwill replace the Company's existing articles of association. All Enquiries: The Company SecretaryNorthern Trust International Fund Administration Services (Guernsey) LimitedTrafalgar CourtLes BanquesSt Peter PortGuernseyGY1 3QL Tel: 01481 745529 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
SLI.L