AGM Statement

RNS Number : 9787Z

Mid Wynd Inter Inv Trust PLC

30 September 2009

 



MID WYND INTERNATIONAL INVESTMENT TRUST PLC

Annual General Meeting, 29 September 2009

All resolutions were passed at the AGM of the Company held on 29 September 2009, including those detailed below:

Special Business

• Shareholders approved an ordinary resolution authorising the Company to issue shares up to a maximum of 4.89% of the Company's issued share capital, being 245,750 ordinary shares of 25p. This authority will expire at the conclusion of the AGM to be held in respect of the year ending 30 June 2010.

• Shareholders approved a special resolution authorising the Company to issue shares up to a maximum of 4.89% of the Company's issued share capital, being 245,750 ordinary shares of 25p, on a non-pre-emptive basis. This authority will expire at the conclusion of the AGM to be held in respect of the year ending 30 June 2010.

• 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 753,662 ordinary shares of 25p. This authority will expire at the conclusion of the AGM to be held in respect of the year ending 30 June 2010.

• Shareholders approved a special resolution to adopt new Articles of Association to take account of, inter alia, changes in company law brought about by 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 Accounts which is available for viewing at the UK Listing Authority's Document Viewing Facility. A copy of the resolutions passed under special business have been 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

In response to a shareholder question, the Chairman confirmed that the Board had resolved to engage the Company's professional advisors to consider how it may be possible to address the unsatisfactorily wide discount to net asset value at which the Company's shares trade.

Baillie Gifford & Co.

Company Secretaries

30 September 2009

 

END

 

 

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