Date: 18 November 2019
Cameron Investors
Trust plc
LEI:
213800INFNVE5UT4TD45
CAMERON INVESTORS
TRUST PLC
Results of Second
General Meeting
The Board is pleased to announce that the special resolution to
place Cameron Investors Trust plc (the "Company") into
members’ voluntary liquidation was voted on and approved by the
Company’s shareholders at the Second General Meeting held earlier
today and Derek Hyslop and
Patrick Brazzill, both of Ernst
& Young LLP, Attria One, 144 Morrison Street, Edinburgh EH3 8EX have been appointed as joint
liquidators.
The full text of the resolution can be found in the Notice of
Second General Meeting contained in the Company’s circular to
shareholders dated 22 October 2019
(the "Circular"). The Circular is available for viewing at
the National Storage Mechanism which can be located at
www.morningstar.co.uk/uk/NSM. The Circular is also available in
electronic format on the Company's website,
www.cameroninvestors.co.uk.
Scheme entitlements
The Company is also pleased to announce, as at the Calculation
Date and calculated in accordance with the terms of the Scheme, the
FAV per Cameron Share was
1,075.99 pence and FAV per TIGT Share
was 82.15 pence. On this basis each
shareholder will receive approximately 13.097849 New Shares in
respect of each Ordinary Share held. Fractional entitlements to New
Shares under the Scheme will not be issued and entitlements will be
rounded down to the nearest whole number. Assets representing
fractional entitlements will be retained for the benefit of
TIGT.
Application has been made by TIGT to the FCA and the London
Stock Exchange for the listing and admission to trading of the New
Shares in TIGT to be effective on at 8.00
a.m. on 20 November 2019.
Suspension and cancellation of
Shares
As set out in the Circular the Shares were suspended from
listing on the Official List of the FCA and from trading on the
London Stock Exchange at 7.30 a.m.
this morning, 18 November 2019, in
anticipation of the Second General Meeting. Following the passing
of the resolution, the joint liquidators have been authorised to
apply to the FCA for the cancellation of the listing of the Shares
on the premium segment of the Official List and trading on the Main
Market. It is expected such cancellation will take effect at
8.00 a.m. on 20 November 2019.
Proxy votes
For information, the proxy votes cast in respect of the Second
General Meeting were as follows:
| Resolution |
Votes For* |
% |
Votes Against |
% |
Votes Total |
Votes Withheld |
| Authorise the Company
being placed into members’ voluntary
liquidation |
1,092,750 |
100 |
0 |
0 |
0 |
0 |
*
The votes "For" include those votes giving the Chairman
discretion.
Defined terms used in this announcement have the meanings given
in the Circular unless the contact otherwise requires.
Enquiries
PATAC Limited
Company Secretary
0131 538 1400