abrdn China Investment Company Ltd. Result of First General Meeting
11 March 2024 - 10:30PM
RNS Regulatory News
RNS Number : 3600G
abrdn China Investment Company Ltd.
11 March 2024
THIS ANNOUNCEMENT AND THE
INFORMATION CONTAINED IN IT ARE NOT FOR RELEASE, PUBLICATION OR
DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR
INTO, THE UNITED
STATES, AUSTRALIA, CANADA, JAPAN OR
THE REPUBLIC OF SOUTH AFRICA OR ANY JURISDICTION FOR
WHICH THE SAME COULD BE UNLAWFUL.
11 March 2024
ABRDN CHINA INVESTMENT COMPANY LIMITED
LEI: 213800RIA1NX8DP4P938
Result of First General Meeting
At the Extraordinary General Meeting
of abrdn China Investment Company Limited (the "Company") held earlier today in
connection with the proposals for a combination of
the assets of the Company with Fidelity China Special Situations
PLC ("FCSS") to be effected
by way of a Guernsey scheme of reconstruction and winding up of the
Company (the "Scheme"), the
Resolutions set out in the notice of the First General Meeting sent
to Shareholders dated 16 February 2024 (the "Notice") were duly
passed.
Details of the proxy voting results
which should be read alongside the Notice are noted below and will
also be published on the Company's website:
www.abrdnchina.co.uk.
|
|
For (inc
Discretionary)
|
Against
|
Total
|
|
Special Resolutions
|
Votes
|
%
|
Votes
|
%
|
|
|
(1) THAT
with effect from the date of the amendment to the
Official List of the FCA to reflect the reclassification of the
ordinary shares of £0.01 each in the capital of the Company, each
of the Shares in issue at the date of the passing of this
resolution shall be reclassified as shares the holder of which has
(or is deemed to have) elected to have reclassified as Shares with
"A" rights or "B" rights as further provided for in the
Resolutions, and subject to the fulfilment of certain conditions,
the Articles of Incorporation of the Company are amended as further
provided for in the Resolutions.
|
26,521,175
|
99.98
|
4,858
|
0.02
|
26,526,033
|
|
(2) THAT, subject to: (i) the
passing of Resolution 1 above and Resolution 1 becoming
unconditional; (ii) the Scheme becoming unconditional in accordance
with its terms; and (iii) the passing at a general meeting of the
Company convened for 13 March 2024 (or any adjournment thereof) of
a resolution for the voluntary winding-up of the Company and the
appointment of the Liquidators, the Scheme as set out in Part 4 of
the Circular is approved and the liquidators of the Company when
appointed (jointly and severally the "Liquidators") are authorised
to implement the Scheme and to execute any document and do anything
for the purpose of carrying the Scheme into effect. The
Liquidators, when appointed, are authorised and directed to enter
into and give effect to the Transfer Agreement and to carry out the
actions as further provided for in the Resolutions, and the
Articles are amended, as further provided for in the
Resolutions.
|
26,521,175
|
99.98
|
4,858
|
0.02
|
26,526,033
|
Note - A vote withheld is not a vote
in law and has not been counted in the votes for and against a
resolution.
The full text of the Resolutions can
be found in the notice of the First General Meeting contained in
the circular to Shareholders dated 16 February 2024 (the
"Circular"). The Circular
is available for viewing at the National Storage Mechanism which
can be located at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism and on the
Company's website at https://www. https://www.abrdnchina.co.uk.
Defined terms used in this
announcement have the meanings given in the Circular unless the
context otherwise requires.
The person responsible for arranging
the release of this announcement is abrdn Holdings Limited, Company
Secretary.
ENQUIRIES
|
abrdn Holdings Limited, Company Secretary
Paul Evitt (Company Secretary)
Evan Bruce-Gardyne (Client Director)
|
+44 131
372 9375
|
|
Link Registrars, Receiving Agent
|
+44 371
664 0321
|
|
Shore Capital, Financial Adviser and
Broker
Rose Ramsden, Angus Murphy (Corporate Advisory)
Henry Willcocks, Fiona Conroy (Corporate Broking)
|
+44 20
7408 4090
|
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