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BPFU Blue Plan.uts

29.50
0.00 (0.00%)
03 Dec 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Blue Plan.uts LSE:BPFU London Packaged Unit
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 29.50 0 00:00:00

Result of General Meeting

18/05/2012 1:38pm

UK Regulatory



 
TIDMBPFU 
 
BLUE PLANET FINANCIALS GROWTH & INCOME INVESTMENT TRUSTS NOs (1-10) PLC 
 
Result of General Meeting and Merger Completion 
 
18 May 2012 
 
This announcement is made by Blue Planet Financials Growth & Income Investment 
Trusts Nos (1 - 10) plc (each a "G&I Trust" and together "G&I") in connection 
with the proposed merger of G&I with Blue Planet International Financials 
Investment Trust plc ("International") and Blue Planet Worldwide Financials 
Investment Trust plc ("Worldwide") to be completed pursuant to schemes of 
reconstruction under Section 110 of the Insolvency Act 1986 ("Schemes") whereby 
G&I and Worldwide will be placed in members' voluntary liquidations and will 
transfer all of their assets and liabilities to International, details of which 
were contained in the G&I circular to shareholders ("the Circular") dated 26 
March 2012. 
 
The board is pleased to announce that at the general meetings of each G&I Trust 
held on 18 May 2012, the resolutions to approve each G&I Trust being placed in 
liquidation, appoint the liquidators and cancel the listing of each G&I Trust's 
shares, as set out in the Circular, was duly passed on a show of hands and, in 
aggregate, with approximately 6,638,415 (99.8%) of proxy votes received being 
in favour (or at the chairman's discretion). 
 
A copy of the resolutions passed at the above meetings will shortly be 
available for inspection at the National Storage Mechanism (www.hemscott.com/ 
nsm.do) and a copy of this announcement will also be uploaded on to G&I's 
website (www.blueplanet.eu). 
 
As the G&I Board advised shareholders on 11 May 2012, the merger is subject to 
the passing of a resolution by International shareholders at a general meeting 
which is expected to be convened on or around 13 June 2012. This resolution 
will approve the restructuring of International's share capital and split each 
of its 50p ordinary shares into a 1p ordinary share and a 49p deferred share. 
In the interim, therefore, G&I's liquidators have appointed Blue Planet 
Investment Management Ltd to continue to manage G&I's assets. 
 
As part of the Schemes, the suspension of the listing of each G&I Trust's 
shares took place at 7.30am on 27 April 2012 and the cancellation of the 
listing of each G&I Trust's shares is expected to take place from the 
commencement of trading on 20 June 2012. 
 
 
For further enquiries please contact: 
 
Blue Planet Investment Advisers Ltd 
Company Secretary 
Telephone: 0131 466 6666 
Email: info@bpia.eu 
 
 
 
END 
 

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