6th Mar 2017 11:31
THE SCOTTISH INVESTMENT TRUST PLC
To: RNS
From: The Scottish Investment Trust PLC
Date: 6 March 2017
RESULTS OF GENERAL MEETING
The Scottish Investment Trust PLC (the "Company") is pleased to announce that at a general meeting of the Company, held earlier today, the resolutions to approve the proposed repurchase of 11,404,178 ordinary shares in the capital of the Company from Aviva Investors Global Services Limited ("Aviva") - which is a related party transaction under the Listing Rules in the light of the size of Aviva's holding in the Company; and to grant the authority to the Company to buyback these shares in accordance with the provisions of the Companies Act 2006, each as set out in the Circular to shareholders dated 8 February 2017 (the "Circular"), were duly approved by shareholders.
Details of the proxy votes lodged before the general meeting, which should be read alongside the Notice contained in the Circular, are noted below and will be available shortly at https://thescottish.co.uk
| For | Against | Discretion | Abstain |
Ordinary Resolution | 27,998,571 | 2,558,620 | 268,923 | 409,094 |
Special Resolution | 39,682,197 | 2,555,262 | 378,606 | 42,023 |
A copy of the resolutions passed at the general meeting have been submitted to the National Storage Mechanism and will shortly be available for inspection at www.hemscott.com/nsm.do.
For further information please contact:
The Scottish Investment Trust PLC + 44 (0) 131 225 7781
James Will (Chairman)Alasdair McKinnon (Manager)
Canaccord Genuity (Financial Adviser) + 44 (0) 20 7523 8000
Robbie Robertson
Andrew ZychowskiDavid Yovichic
Related Shares:
SCIN.L