Result of EGM

 
TIDMAFHC 
 
ABERFORTH GEARED CAPITAL & INCOME TRUST PLC 
 
(IN MEMBERS' VOLUNTARY LIQUIDATION) 
 
RESULT OF GENERAL MEETING HELD ON 9 AUGUST 2011 
 
Further to the proposals for the reconstruction and winding up of the Company 
which were announced on 28 June 2011, the special resolution placing the 
Company into members' voluntary liquidation to permit the implementation of the 
Scheme was duly passed at the General Meeting held earlier today. 
 
For the purposes of the Scheme, the aggregate value of the total net assets of 
the Company is GBP80.4 million, equating to 532.36p per share with A Rights and C 
Rights and 100.00p per share with B rights and D Rights respectively. Assets 
have been allocated to the Income Rollover Fund, the Capital Rollover Fund and 
the Liquidation Fund in proportion to elections received, and deemed elections, 
as announced on 28 July 2011. Cheques are expected to be dispatched and CREST 
payments made to Shareholders in respect of cash elections under the Scheme as 
soon as practicable. Any remaining balances in the Liquidation Fund will be 
distributed to Income Shareholders and Capital Shareholders in due course. 
 
Share certificates in respect of New AGIT Shares will be issued to those 
Shareholders who elected to receive New AGIT Shares on 15 August 2011 (or as 
soon as practicable thereafter). 
 
A copy of the resolution passed at the General Meeting will shortly be 
available for inspection via the National Storage Mechanism. 
 
Enquiries: 
 
David Ross                             0131 220 0733 
 
John Evans 
 
Alan Waite 
 
Aberforth Partners LLP 
 
Douglas Armstrong                      020 7628 4455 
 
Dickson Minto W.S. 
 
Capitalised terms shall bear the meanings given to them in the Company's 
Circular dated 28 June 2011 unless the context otherwise requires. 
 
 
 
END