AGM Statement

RNS Number : 0957L

Acorn Income Fund Ld

06 August 2013

 



ACORN INCOME FUND LIMITED

REVISED NOTICE OF AGM

Acorn Income Fund Limited (the "Company") announces that it has published a revised notice of Annual General Meeting to be held at 11 a.m. on Wednesday 21 August 2013 (the "Revised Notice of AGM").

Annual General Meeting

A notice of Annual General Meeting was first published within the Company's financial report for the year ended 31 December 2012. The Revised Notice of AGM is intended to replace in full that notice and in addition to the items in the previous notice, contains the resolutions referred to below and corrections to technical errors contained in the previous notice.

Resolution 1: to receive the annual financial report for the year ended 31 December 2012;

Resolution 2: to reappoint KPMG Channel Islands Limited as auditor to the Company;

Resolution 3: to re-elect Helen Green as a director;

Resolution 4: to re-elect David Warr as a director;

Resolution 5: to authorise the Company to issue (or sell from treasury) Ordinary Shares at a discount to the prevailing Net Asset Value per Ordinary Share in certain specified circumstances;

Resolution 6: to authorise the Company to make market acquisitions of its Ordinary Shares;

Resolution 7: to authorise the Company to make market acquisitions of its ZDP Shares; and

Resolution 8: to disapply pre-emption rights in connection with the sale of Ordinary Shares from treasury.

Resolutions 1 to 5 will be proposed as ordinary resolutions and Resolutions 6 to 8 will be proposed as special resolutions. An ordinary resolution requires a simple majority of the votes cast to be cast in favour for it to be passed. A special resolution requires a majority of 75 per cent. of the votes cast to be cast in favour for it to be passed.

Action to be taken

A replacement form of proxy (the "Replacement Form of Proxy") has been posted with the Revised Notice of AGM and Ordinary Shareholders are requested to complete the Replacement Form of Proxy in accordance with the instructions printed on it and return it to the Registrar, Anson Registrars Limited, Anson Place, Mill Court, La Charroterie, St. Peter Port, Guernsey GY1 1EJ so as to arrive as soon as possible and, in any event, not later than 11 a.m. on Monday 19 August 2013.

Proxy votes which have been received or are received subsequently using the original form of proxy will not be treated as valid and the Registrar will seek to contact any Shareholder who has already submitted or subsequently submits the original form of proxy with a view to ensuring that such Shareholder resubmits the Replacement Form of Proxy.

Copies of Revised Notice of AGM and Replacement Form of Proxy

The Revised Notice of AGM and Replacement Form of Proxy will shortly be available to view on the Company's website (http://www.premierfunds.co.uk/Adviser/funds/trusts/acorn.html) and at the National Storage Mechanism (www.morningstar.co.uk/uk/NSM).

Defined terms used in this announcement shall, unless the context otherwise requires, have the same meanings set out in the Revised Notice of AGM.

Enquiries

Numis Securities Limited, Corporate Broker

Nathan Brown

[phone]

Anson Fund Managers Limited, Secretary

Tel: [phone]

 

END

 

 

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