Result of EGM (6602E)

TIDMDCL

RNS Number : 6602E

Dexion Commodities Limited

11 April 2011

11 April 2011

Dexion Commodities Limited

Result of Extraordinary General Meeting

At the Extraordinary General Meeting of the Company held today, the following resolution was passed:

SPECIAL RESOLUTION

That:

(i) the Company be wound up voluntarily and Ashley Charles Paxton and Robert James Kirkby of KPMG Channel Islands Limited of 20 New Street, St. Peter Port, Guernsey GY1 4AN be and they are hereby appointed liquidators of the Company (the "Liquidators") with power to act jointly and severally for the purpose of such winding up;

(ii) the remuneration of the Liquidators be fixed on the basis of time spent by them and members of their staff in attending to matters arising prior to and during the winding up of the Company and they be and they are hereby authorised to draw such remuneration monthly or at such longer intervals as they may determine, in accordance with the engagement letter and terms of business issued by KPMG Channel Islands Limited; and

(iii) the Company's books and records be held by the Company's administrator to the order of the Liquidators until the expiry of twelve months after the date of dissolution of the Company, when they may be disposed of save for financial and trading records which shall be kept for a minimum of six years following the vacation of the Liquidators from office.

 
                Total Shares 
 Result          voted (% of issued   Votes cast in         Votes cast against 
  of             share capital         favour (% of votes    (% of votes cast 
  Resolution     of class)             cast in favour)       against) 
 Pass           36,713,093 (74.23%)   36,713,093 (100%)     nil 
 

Enquiries:

 
 Robin Bowie                       Tel: [phone] 
  Dexion Capital Plc 
 Chris Copperwaite                 Tel: [phone] 
  Dexion Capital (Guernsey) 
  Limited 
 David Yovichic                    Tel: [phone] 
  Collins Stewart Europe Limited 
 

Terms used in this announcement shall, unless the context otherwise requires, bear the meanings given to them in the Circular dated 3 March 2011.

This information is provided by RNS

The company news service from the London Stock Exchange

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