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Independent Inv Tst (IIT)

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Friday 27 March, 2009

Independent Inv Tst

AGM Statement

RNS Number : 5997P
Independent Investment Trust PLC
27 March 2009


Annual General Meeting, 26 March 2009

At the AGM held on 26 March 2009 all resolutions were passed, including the resolutions detailed below:

·        Shareholders authorised the Company to renew its share buy back authority.
Shareholders approved a special resolution renewing the Company’s authority to make market purchases of up to 14.99 per cent of the Company’s issued share capital, being 9,571,115 ordinary shares of 25p. The authority will expire at the conclusion of the AGM to be held in respect of the year ending 30 November 2009 unless previously varied, revoked or renewed.
               Special Business
·        Adoption of New Articles of Association.
Shareholders approved a special resolution to adopt new Articles of Association which reflect changes in company law brought about by the Companies Act 2006.
·        Approval of changes to the Company’s investment policy.
Shareholders approved an ordinary resolution altering the Company’s investment policy to permit a broader use of derivative instruments.

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, the address of which is shown below. 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

E14 5HS

Tel. no. (0)20 7066 1000

Baillie Gifford & Co.

Company Secretaries

27 March 2009

This information is provided by RNS
The company news service from the London Stock Exchange