EGM Statement

RNS Number : 5039P

Qatar Investment Fund PLC

18 November 2016

 

18 November 2016

Qatar Investment Fund plc

("QIF" or the "Company")

Results of Extraordinary General Meeting

The Board of Qatar Investment Fund plc announces that at the Extraordinary General Meeting held today (17 November 2016) at 10.30 a.m., the Resolution was passed on a poll. The results are shown below.

	For	Against	Withheld
Ordinary Resolution	97,566,028 (83.36%)	nil (nil%)	89,301 (0.076%)

The total number of votes cast was 97,566,028 which represents approximately 83.36% per cent. of the Company's total voting rights.

Results of Tender Offer

Further to the announcement of the proposed tender offer on 19 October 2016, the Board of the Company announces that the tender offer for the purchase of up to 14,045,544 Ordinary Shares (representing 12.0 per cent. of the Shares in issue as at 18 October 2016 excluding treasury shares) closed at 1.00 p.m. on 14 November 2016.

A total of 13,736,411 Shares were validly tendered under the Basic Entitlement of the Tender Offer. This equates to approximately 11.7 per cent. of the Company's Shares in issue as at 18 October 2016 (excluding treasury shares), and approximately 97.8 per cent. of the shares available under the Tender Offer. Excess tenders will be satisfied to the extent of a further 309,133 Shares, representing 0.47 per cent. of the excess Shares tendered.

In total, 14,045,544 Shares were validly tendered under the Tender Offer, representing 12.0 per cent. of the Company's Shares in issue as at 18 October 2016 (excluding treasury shares), all of which will be repurchased by the Company and cancelled.

Details of the Tender Price are expected to be announced on 12 December 2016.

A copy of the resolution will be submitted to the National Storage Mechanism and will be available for inspection at: www.hemscott.com/nsm.do.

Capitalised terms and expressions have the same meanings as those attributed to them in the Company's Circular dated 19 October 2016.

For further information:

Qatar Investment Fund Plc [phone]

Nick Wilson

Panmure Gordon [phone]

Richard Gray / Andrew Potts / Atholl Tweedie

Maitland [phone]

William Clutterbuck / Cebuan Bliss

Galileo Fund Services Limited [phone]

Ian Dungate

 

END

 

 

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