25th Jun 2014 10:46
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 | |||||
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. | 34,641,730 | 100 | - | - | |||
The total number of votes cast was 34,641,730 which represents 72.8 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 1 July 2014 and the result of the Tender Offer and details of the Tender Price are expected to be announced on 2 July 2014.
Terms used and not defined in this announcement bear the meaning given to them in the circular published by the Company on 2 June 2014. 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 |
Related Shares:
WTR.L