AGM Statement

RNS Number : 0372F

Baillie Gifford Shin Nippon PLC

17 May 2013

 



BAILLIE GIFFORD SHIN NIPPON PLC

Annual General Meeting, 17 May 2013

All resolutions were passed at the AGM of the Company held on 17 May 2013, including those detailed below:

·    Shareholders approved a resolution renewing the Directors' general authority to issue shares up to an aggregate nominal amount of £1,131,850 and a special resolution to allot a limited number of shares for cash on a non-pre-emptive basis up to £339,555 (being approximately 10% of the nominal value of the issued share capital of the Company).  These authorities will expire at the earlier of 17 August 2014 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 5,089,931 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 2014 unless previously varied, revoked or renewed.

Special Business

·    Shareholders approved by special resolution the adoption of new Articles of Association to take account of changes to Investment Trust rules and Company Law

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 is available for viewing at the National Storage Mechanism at http://www.hemscott.com/nsm.do

Baillie Gifford & Co.

Company Secretaries

17 May 2013

 

END

 

 

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