Result of AGM

RNS Number : 5932P

Oryx International Growth Fund Ld

01 September 2017

 

1 September 2017

Oryx International Growth Fund Limited ("the Company")

Result of Annual General Meeting

The Company is pleased to announce that Resolutions 1 to 11 proposed at the Annual General Meeting held on 31 August 2017 were duly passed.  In relation to Resolution 12 (resolution to wind up the Company) the Company is pleased to announce that 89.64 per cent. of votes received were against this resolution and accordingly the Company will not be wound up.

The results of the voting by way of a poll on Resolution 11 (Waiver Resolution) were as follows:

Resolution	Votes in favour*	%	Votes against	%	Withheld votes**
11	1,420,037	68.42	655,551	31.58	7,436,725

* The "in favour" votes include those votes giving the Chairman discretion

** The "withheld" votes are not counted towards the votes cast

Christopher Mills and North Atlantic Smaller Companies Investment Trust plc, who comprise a Concert Party for the purposes of the City Code and are interested in 7,435,000 Ordinary Shares representing 51.58 per cent. of the Company's issued share capital, were not entitled to vote on the Waiver Resolution. Following the passing of the Waiver Resolution, the maximum potential interests of the Concert Party would be 57.31 per cent. of the Company's issued share capital assuming (i) full use is made by the Company of the Share Purchase Authority granted at the AGM, (ii) no member of the Concert Party disposes of any of its Ordinary Shares pursuant to the exercise of the Share Purchase Authority, and (iii) no person exercises any options or other rights to subscribe for Ordinary Shares.

The Company's issued share capital, as at 31 August 2017 is 14,415,125 Ordinary Shares of 50p each.

Enquiries:

Sarah Hendry

BNP Paribas Securities Services S.C.A., Guernsey Branch

Tel: [phone]

 

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