M&G Equity Investment Trust P.L.C.In view of the fact that M&G Equity Investment Trust P.L.C. was wound up on 4 March 2011, shareholders in this company are reminded to pay in any uncashed cheques in respect of the company's dividends. If you hold cheques of more than 6 months old they will be invalid, so you should contact Equiniti Registrars to arrange for a replacement cheque(s) to be issued. It should also be noted that under the company's articles of association, any dividends which remain unclaimed for a period of 6 years after having been declared or falling due are automatically forfeited and revert to the company.
M&G Equity Investment Trust P.L.C. announces that at its Extraordinary General Meeting held earlier today, the resolution put to the meeting was duly passed and the results of the voting are as follows:
Extraordinary General Meeting:
| . | Special Business | FOR | AGAINST | WITHHELD |
| 1. | To approve the winding-up of the Company on the Effective Date, appoint the Liquidators and confer the appropriate powers on them. | 180,325,474 | 472,571 | 1,011,033 |
M&G Equity Investment Trust P.L.C. announces that at its Shareholder Meetings held earlier today, all resolutions were duly passed and the results of the voting are as follows:
General Meeting of the holders of Income Shares:
| . | Special Resolution | FOR | AGAINST | WITHHELD |
| 1. | To approve the passing of Special Resolutions at the First EGM and Second EGM, and any variation of the special rights attaching to the Income Shares resulting from the amendments to the Articles proposed pursuant to the Proposals. | 50,955,846 | 184,012 | 491,841 |
General Meeting of the holders of Capital Shares:
| . | Special Resolution | FOR | AGAINST | WITHHELD |
| 1. | To approve the passing of Special Resolutions at the First EGM and Second EGM, and any variation of the special rights attaching to the Capital Shares resulting from the amendments to the Articles proposed pursuant to the Proposals. | 53,861,307 | 251,239 | 518,438 |
General Meeting of the holders of Zero Dividend Shares:
| . | Special Resolution | FOR | AGAINST | WITHHELD |
| 1. | To approve the passing of Special Resolutions at the First EGM and Second EGM, and any variation of the special rights attaching to the Zero Dividend Shares resulting from the amendments to the Articles proposed pursuant to the Proposals. | 60,792,650 | 142,450 | 573,781 |
Extraordinary General Meeting:
| . | Special Business | FOR | AGAINST | WITHHELD |
| 1. | To approve the reclassification of the Shares in accordance with the Elections and to amend the Articles of the Company for the purpose of implementing the Scheme and to sanction the Scheme and authorise its implementation by the Liquidators. | 161,657,243 | 638,918 | 1,241,064 |
On 12 January 2011, the Company announced recommended proposals for the reconstruction and voluntary liquidation of the Company.
View a copy of the related Circular (1 MB), including Notices of shareholder meetings, and the announcement (92 KB) released to the London Stock Exchange.
As at 12 January 2011, the Company had the following shares in issue:
174,544,139 Income Shares of 1 pence each
174,544,139 Capital Shares of 1 pence each
174,544,139 Zero Dividend Shares of 1 pence each
Holders of Income Shares, Capital Shares, and Zero Dividend Shares are, on a show of hands, each entitled to one vote, and on a poll entitled to one vote for each share held, in respect of the resolutions to be put to the Extraordinary General Meetings of the Company.
Holders of Income Shares are, on a show of hands, each entitled to one vote, and on a poll entitled to one vote for each share held, in respect of the resolution to be put to the General Meeting of the holders of Income Shares.
Holders of Capital Shares are, on a show of hands, each entitled to one vote, and on a poll entitled to one vote for each share held, in respect of the resolution to be put to the General Meeting of the holders of Capital Shares.
Holders of Zero Dividend Shares are, on a show of hands, each entitled to one vote, and on a poll entitled to one vote for each share held, in respect of the resolution to be put to the General Meeting of the holders of Zero Dividend Shares.
M&G Equity Investment Trust P.L.C. announces that at its Separate General Meetings and Annual General Meeting held earlier today all resolutions were duly passed and the results of the voting are as follows:
General Meeting of the holders of Zero Dividend Preference Shares:
| Special Resolution | For | Against | Abstentions |
| To approve the passing of Resolution 8 set out in the Notice of the Annual General Meeting of the Company. | 15,229,200 | 198,079 | 361,310 |
| To approve the passing of Resolution 9 set out in the Notice of the Annual General Meeting of the Company. | 15,162,045 | 218,256 | 408,288 |
General Meeting of the holders of Income Shares:
| Special Resolution | For | Against | Withheld |
| To approve the passing of Resolution 8 set out in the Notice of the Annual General Meeting of the Company. | 5,605,805 | 204,507 | 386,489 |
| To approve the passing of Resolution 9 set out in the Notice of the Annual General Meeting of the Company. | 5,491,641 | 214,274 | 490,886 |
General Meeting of the holders of Capital Shares:
| Special Resolution | For | Against | Abstentions |
| To approve the passing of Resolution 8 set out in the Notice of the Annual General Meeting of the Company. | 7,512,215 | 184,119 | 417,366 |
| To approve the passing of Resolution 9 set out in the Notice of the Annual General Meeting of the Company. | 7,401,912 | 203,166 | 508,622 |
Annual General Meeting:
| Resolution | Ordinary Business | For | Against | Abstentions |
| 1. | To receive the Directors' Report and the Financial Statements | 22,038,777 | 60,876 | 331,548 |
| 2. | To approve the Directors' Remuneration Report | 21,310,683 | 611,086 | 509,432 |
| 3. | To elect Mr J C Barclay as a director | 21,693,246 | 174,977 | 562,978 |
| 4. | To re-elect Mr A Kaye as a director | 21,665,486 | 202,737 | 562,978 |
| 5. | To re-elect Mr I Phillips as a director | 21,631,630 | 236,593 | 562,978 |
| 6. | To re-appoint PricewaterhouseCoopers LLP as auditor and to authorise the directors to determine their remuneration | 21,846,051 | 215,046 | 370,106 |
| Special Business | ||||
| 7. | Renewal of authority to allot relevant securities | 21,493,352 | 446,877 | 490,972 |
| 8. | Renewal of authority to repurchase own shares for cancellation | 21,827,875 | 204,888 | 398,438 |
| 9. | To adopt revised Articles of Association | 21,323,223 | 390,592 | 717,386 |
Holders of Income and Capital Shares are, on a show of hands, each entitled to one vote, and on a poll entitled to one vote for each share held, in respect of each resolution to be put to the Annual General Meeting of the Company.
Holders of Zero Dividend Preference Shares are, on a show of hands, each entitled to one vote, and on a poll entitled to one vote for each share held, in respect of the resolution to be put to the Separate General Meeting of the holders of Zero Dividend Preference Shares.
Holders of Income Shares are, on a show of hands, each entitled to one vote, and on a poll entitled to one vote for each share held, in respect of the resolution to be put to the Separate General Meeting of the holders of Income Shares.
Holders of Capital Shares are, on a show of hands, each entitled to one vote, and on a poll entitled to one vote for each share held, in respect of the resolution to be put to the Separate General Meeting of the holders of Capital Shares.
In addition to the data that can be found by accessing the menu to the left of this page you may also wish to read the Key Features document which contains further information.
