Advance Developing Markets Fund Limited
Result of Annual General Meeting
Advance Developing Markets Fund Limited (the "Company") announces that at its Annual General Meeting held earlier today resolutions 1 to 7 were passed on a show of hands. Resolution 8, a special resolution to provide authority to issue new ordinary shares and/or sell ordinary shares held in treasury without application of pre-emption rights, was not passed on a poll.
Proxy voting
The proxy votes received were as follows:-
Resolution |
For |
Against |
Discretionary |
Withheld |
|
|
|
|
|
1 |
57,020,429 |
0 |
0 |
7,250 |
2 |
57,017,654 |
2,775 |
0 |
7,250 |
3 |
36,068,305 |
20,952,124 |
0 |
7,250 |
4 |
31,004,173 |
26,016,256 |
0 |
7,250 |
5 |
57,020,429 |
0 |
0 |
7,250 |
6 |
57,020,429 |
0 |
0 |
7,250 |
7 |
56,966,530 |
0 |
0 |
61,149 |
8 |
36,536,510 |
20,483,919 |
0 |
7,250 |
At the time of the above meeting the Company's share capital consisted of 75,943,954 ordinary shares with voting rights and a further 2,177,050 ordinary shares held in treasury.
26 April 2012
Enquiries:
Lisa Garnham
Tel: +44 (0)1481 726034
Legis Fund Services Limited
Company Secretary to Advance Developing Markets Fund Limited
END