Result of AGM

PACIFIC ASSETS TRUST plc (the “Company”)

Results of the Annual General Meeting

At the Annual General Meeting of Pacific Assets Trust plc held on Wednesday, 29 June 2016, all resolutions were duly passed. 

Resolutions 1 to 9 related to Ordinary Business. Resolutions 10 to 14 related to Special Business, as set out below:

Resolution 10: To allot shares in the Company.

Resolution 11: To allot shares in the Company otherwise than in accordance with statutory pre-emption rights.

Resolution 12: To make market purchases of the Company’s shares.

Resolution 13: To hold general meetings (other than annual general meetings) on at least 14 working days’ notice.

Resolution 14: To adopt new Articles of Association.

Details of the proxy votes received can be found on the Company’s website www.pacific-assets.co.uk

Under listing rule 9.6.2, the resolutions passed as Special Business will be submitted to the UK Listing Authority, and will shortly be available via the National Storage Mechanism, which is located at www.morningstar.co.uk/uk/nsm. The resolutions passed as Special Business will additionally be filed at Companies House.

- ENDS-

29 June 2016

For further information please contact

Mark Pope

Frostrow Capital LLP

Company Secretary

Telephone [phone]