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The Investment Company plc announced that all resolutions proposed at its General Meeting held on 26 June 2023 were approved by Shareholders on a show of hands. Proxy votes for each resolution showed 3,700,334 (99.99%) in favour and 223 (0.01%) against. This approval allows the Proposed Transaction, detailed in the 9 June 2023 prospectus, to proceed on the specified timeline, subject to remaining Continuation Conditions.
| Date | 26 Jun 2023 |
| Time | 15:55:56 |
| Category | AGMs and other meetings |
| ID | 9421D |
26 June 2023
The Investment Company plc
(the "Company")
LEI: 2138004PBWN5WM2XST62
Results of General Meeting
The Company is pleased to announce that all resolutions proposed at the General Meeting held today, 26 June 2023, were approved by Shareholders on a show of hands.
Proxy votes received on the Resolutions were:
|
|
Votes For |
% Votes For |
Votes Against |
% Votes Against |
|
Resolution 1 |
3,700,334 |
99.99 |
223 |
0.01 |
|
Resolution 2 |
3,700,334 |
99.99 |
223 |
0.01 |
|
Resolution 3 |
3,700,334 |
99.99 |
223 |
0.01 |
The passing of the above resolutions allows for the Proposed Transaction described in the Prospectus published on 9 June 2023 to proceed, subject to the remaining Continuation Conditions being satisfied, on the timeline contained within the Prospectus:
Transaction Timetable
|
General Meeting |
11.00 a.m. on 26 June |
|
Latest time and date for receipt of Tender Forms and TTE Instructions in CREST for the Tender Offer |
11.00 a.m. on 14 July |
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Latest time and date for receipt of completed applications in respect of the Offer for Subscription |
11.00 a.m. on 14 July |
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Latest time and date for receipt of completed applications from the Intermediaries in respect of the Intermediaries Offer |
1.00 p.m. on 14 July |
|
Latest time and date for commitments under the Placing |
5.00 p.m. on 14 July |
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Tender Offer Record Date to participate in the Tender Offer |
6.00 p.m. on 14 July |
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Announcement of the results of the Tender Offer and the Issue (subject to the passing of the Resolutions at the General Meeting) |
7.00 a.m. on 17 July |
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Calculation Date |
6.00 p.m. on 18 July |
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Announcement of the Tender Price and Issue Price and confirmation of the cancellation of the share premium account and capital redemption reserve, if approved, by the Court |
7.00 a.m. on 19 July |
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Repurchase of Ordinary Shares pursuant to the Tender Offer and issue of Ordinary Shares pursuant to the Issue |
26 July |
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Admission and dealings in Ordinary Shares commence |
8.00 a.m. on 26 July |
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CREST accounts credited with uncertificated Ordinary Shares in respect of the Issue |
26 July |
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Where applicable, definitive Ordinary Share certificates in respect of the Ordinary Shares issued pursuant to the Issue despatched by post in the week commencing* |
30 July |
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* Underlying Applicants who apply to Intermediaries for Ordinary Shares under the Intermediaries Offer will not receive Ordinary Share certificates. |
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Enquiries
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The Investment Company |
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Singer Capital Markets - Corporate Broker |
+44 (0)20 7496 3000 |
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James Moat / Alex Bond / James Fischer |
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ISCA Administration Services Limited Company Secretary |
+44 (0) 1392 487056 |