2nd Aug 2013 13:23
The World Trust Fund
Result of Extraordinary General Meeting
The Board of The World Trust Fund (the “Company”) is pleased to announce that the resolution put to Shareholders to authorise the Company to undertake the Tender Offer for up to 15 per cent. of the Shares in issue and to cancel those Shares repurchased was duly passed at the Company’s Extraordinary General Meeting held earlier today.
The proxy voting figures received in advance of the meeting are shown below:
| Resolution | For | Against | Discretionary | Withheld | ||||||||||||
| Votes | % | Votes | % | Votes | % | |||||||||||
| That: (i) the Company be authorised to make market purchases of its Shares pursuant to the Tender Offer; and (ii) the Company’s share capital be reduced accordingly and the Articles be amended to reflect the reduction and powers be delegated to the Board to record such decision. | 31,553,870 | 100 | - | - | - | - | - | |||||||||
The total number of votes cast was 31,553,870 which represents 67.4 per cent. of the Company's total voting rights (excluding treasury shares).
The latest time and date for receipt of Tender Forms from Qualifying Shares is 1.00 p.m. on 9 August and the result of the Tender Offer and details of the Tender Price will be announced on 12 August 2013.
Terms used and not defined in this announcement bear the meaning given to them in the circular published by the Company on 11 July 2013. A copy of the circular is available on the Company’s website www.theworldtrustfund.com.
Enquiries:
| Westhouse Securities Limited Alastair Moreton Hannah Young Darren Vickers 020 7601 6118 |
| State Street Bank Luxembourg |
| Isabelle Charlier |
| + 352 46 40 10 7068 |
Copyright Business Wire 2013
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