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World Trust Fund (WTR)

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Wednesday 31 August, 2011

World Trust Fund

Result of EGM

Result of EGM

World Trust Fund

The World Trust Fund

Result of EGM

The Company is pleased to announce that at an Extraordinary General Meeting ("EGM") held earlier today, the Bonus Issue Resolution set out in the Circular dated 10 August 2011 approving the adoption of Revised Articles and the Cancellation Resolution approving the reduction of the Company’s share capital by cancelling all of the Shares held by the Company in treasury, were passed without amendment.

The result of the voting was as follows:

  Votes in favour*   %**   Votes against
1 27,976,499 99.98 5,200
2 27,976,499 99.98 5,200

* The “Votes in favour” include those votes giving the Chairman discretion

** The percentages are based on the total number of votes cast. Votes cast do not include votes in relation to shares represented at a meeting but in respect of which shareholders have not taken part in the vote, have abstained or returned blank or invalid votes.

The Warrants to be issued pursuant to the Bonus Issue will be allotted, subject to listing, to Shareholders on the register at 5.00 p.m. on 31 August 2011, on the basis of one Warrant for every five Ordinary Shares held as at that date. It is expected that an announcement setting out the Subscription Prices will be made on 1 September 2011.

An application will shortly be made for the Warrants to be admitted to the Official List and to trading on the London Stock Exchange and dealings are expected to commence at 8.00 a.m. on 9 September 2011. It is anticipated that CREST accounts will be credited (where applicable) on the same day.

Terms used and not defined in this announcement bear the meaning given to them in the Circular dated 10 August 2011.


Westhouse Securities Limited
Alastair Moreton/Hannah Young
+ 44 (0)20 7601 6118
State Street Bank Luxembourg
Isabelle Charlier
+ 352 46 40 10 7068

Listing Category: Premium – Equity Closed-ended Investment Fund