AGM Statement

RNS Number : 1754L

Baillie Gifford Shin Nippon PLC

30 April 2010

 



BAILLIE GIFFORD SHIN NIPPON PLC

Annual General Meeting, 30 April 2010

All resolutions were passed at the AGM of the Company held on 30 April 2010, including those detailed below:

·    Shareholders approved a resolution renewing the Directors' general authority to issue shares up to an aggregate nominal amount of £589,950 and a special resolution to allot a limited number of shares for cash on a non-pre-emptive basis up to £155,502 (being approximately 5% of the nominal value of the issued share capital of the Company).  These authorities will expire at the earlier of 30 July 2011 or at the conclusion of the next Annual General Meeting of the Company, unless previously varied, revoked or renewed.

·    Shareholders approved a special resolution authorising the Company to buy-back its own shares up to a maximum of 14.99% of the Company's issued share capital, being 4,661,964 ordinary shares of 10p. This authority will expire at the conclusion of the AGM to be held in respect of the year ending 31 January 2011 unless previously varied, revoked or renewed.

Special Business

·   Shareholders approved by special resolution the adoption of new Articles of Association to take account of further changes in company law brought about by the last parts of the Companies Act 2006.

The full text of all the resolutions can be found in the Notice of Annual General Meeting contained in the Annual Report and Financial Statements which are available for viewing at the UK Listing Authority's Document Viewing Facility, the address of which is shown below. A copy of the resolution passed under special business will be submitted to the UK Listing Authority and will shortly be available for inspection at the UK Listing Authority's Document Viewing Facility at the address below.

Financial Services Authority

25 The North Colonnade

Canary Wharf

London

E14 5HS

Tel. no. (0)20 7066 1000

Baillie Gifford & Co.

Company Secretaries

30 April 2010

 

END

 

 

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