Dunedin Enterprise Inv Trust PLC Result of General Meeting

RNS Number : 2897S

Dunedin Enterprise Inv Trust PLC

06 January 2025

 

6 January 2025                                

DUNEDIN ENTERPRISE INVESTMENT TRUST PLC

 

(the "Company")

 

Legal Entity Identifier: 213800E2VLUZ5AF9Z434

 

Results of General Meeting

 

The Board of Directors of the Company (the "Directors") announces that, at the General Meeting of the Company held earlier today, the proposed special resolution was approved by Shareholders. As a result, the Company has been placed into members voluntary liquidation and Gareth Rutt Morris and Jonathan Dunn, both licensed insolvency practitioners of FRP Advisory Trading Limited, have been appointed as joint liquidators of the Company.

 

Details of the number of proxy votes cast for, against and withheld in respect of the special resolution, which were voted on by way of poll, are set out below and will also be published on the Company's website: https://www.dunedinenterprise.com/.

 

Special Resolution	Votes For (including Discretionary)	%	Votes Against	%	Votes Total	Votes Withheld
THAT: (a) the Company be and is hereby wound up voluntarily pursuant to section 84(1)(b) of the Insolvency Act 1986 and Gareth Rutt Morris and Jonathan Dunn, both licensed insolvency practitioners of FRP Advisory Trading Limited, be and are hereby appointed as joint liquidators (the "Liquidators") of the Company for the purposes of such winding up and distributing the Company's assets and any power conferred on them by law, the articles of association of the Company or by this resolution and any act required or authorised under any enactment to be done by them may be exercised by them jointly or by each of them alone; (b) the Liquidators be and are hereby authorised to make distributions in cash to the shareholders of the Company in accordance with its articles of association and that the amount to be received by each shareholder will be weighted proportionately to the number of shares held; (c) the Liquidators be and are hereby authorised under the provisions of section 165(2) of the Insolvency Act 1986 to exercise the powers set out in Part I of Schedule 4 of the Insolvency Act 1986; (d) the Liquidators be and are hereby entitled to receive remuneration for their services by reference to the time properly given by them and their staff, as well as raise and draw invoices in respect of disbursements, in respect of assisting the directors and members of the Company in placing the Company into liquidation and attending to matters arising on the winding up; and (e) the Company's books and records be held by its company secretary 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.	1,045,104	94.21	64,249	5.79	1,109,353	4,022

 

The full text of the resolution can be found in the Notice of General Meeting contained in the Company's circular to Shareholders dated 3 December 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.dunedinenterprise.com/.

 

Defined terms used in this announcement have the meanings given in the Circular published by the Company on 3 December 2024 unless the context otherwise requires.

 

Enquiries:
Dunedin LLP (Secretary)
Graeme Murray	07813138367

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

 

END

 

 

ROMSSIFLMEISELF