Result of AGM

RNS Number : 1462R

River & Mercantile UK Micro Cap Inv

04 March 2016

 

4 March 2016

RIVER & MERCANTILE UK MICRO CAP INVESTMENT COMPANY LIMITED

Result of Annual General Meeting

River and Mercantile UK Micro Cap Investment Company Limited is pleased to announce that, at the Annual General Meeting held at 10:30 GMT today, all of the resolutions proposed at the Annual General Meeting were duly passed. One of these was a special resolution as follows:

Resolution 8 - Dis-apply pre-emption rights

THAT in accordance with the Company's articles of incorporation (the "Articles") the Directors of the Company be and are hereby authorised to issue equity securities (within the meaning of the Articles) for cash pursuant to Article 4.1 as if article 4.5 of the Articles did not apply to any such issue, provided that this power shall be limited to the issue of up to 6,850,757 Ordinary Shares or, if less, 10% of the Ordinary Shares in issue (excluding treasury shares) immediately following the passing of this resolution. This authority will expire upon the date of the next Annual General Meeting of the Company or, if earlier, on the expiry of 18 months from the passing of this resolution, unless previously renewed, varied or revoked by the Company by special resolution.

For further information please contact:

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

Kevin Curtis

Jasper Cross

Telephone: [phone] 

 

END

 

 

RAGSSUFLLFMSELD