![](/cdn/assets/images/search/clock.png)
We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Gart.Gwth | LSE:GGOR | London | Ordinary Share | GB00B07BP660 | ORD 0.025P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 471.50 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMATS TIDMGGOR RNS Number : 5303X Artemis Alpha Trust PLC 07 December 2010 Artemis Alpha Trust PLC 7 December 2010 Results of General Meeting The Board of Artemis Alpha Trust plc (the "Company") refers to the Circular and the Prospectus published by the Company on 11 November 2010 in connection with the scheme of reconstruction and winding up of Gartmore Growth Opportunities plc ("GGO") and the related Bonus Issue of Subscription Shares. Following GGO Shareholders voting in favour of the resolutions proposed at the class and general meetings of the holders of GGO Shares on 29 November 2010, the Board of the Company is pleased to announce that the special resolution and the ordinary resolution proposed at the General Meeting of the Company this morning in connection with the Proposals were both duly passed. Both Resolutions were passed on a show of hands. The results of the proxy votes on the Resolutions were as follows: Resolution 1 (to approve the allotment of New Ordinary Shares to GGO Shareholders and to the holders of Manager Warrants, to renew the Company's authority to allot Ordinary Shares on a non-pre-emptive basis, to approve the Bonus Issue of Subscription Shares, to authorise the Company to make market purchases of Ordinary Shares and Subscription Shares, to cancel the amount standing to the credit of the Company's share premium account and to approve the adoption of the New Articles of Association) Votes for*: 10,829,605 Ordinary Shares Votes against: 361,784 Ordinary Shares Votes withheld**: 0 Ordinary Shares Resolution 2*** (to approve certain changes to the terms of the Manager Warrant Agreements to allow the Manager Warrants to be exercised other than on their normal exercise dates and to approve certain changes to the investment management fee arrangements so as to introduce a performance fee) Votes for*: 9,313,564 Ordinary Shares Votes against: 387,333 Ordinary Shares Votes withheld**: 75,265 Ordinary Shares * the "Votes for" include those votes giving the Chairman discretion. ** A "Vote withheld" is not a vote in law and is not counted in the calculation of the votes for or against the resolution. *** Only Independent Shareholders (being Shareholders other than members of the Artemis Group and their Associates) were entitled to vote on this resolution. A copy of the Resolutions and the New Articles of Association has been submitted to the National Storage Mechanism and will shortly be available for inspection at http://www.hemscott.com/nsm.do. Elections by GGO Shareholders GGO Shareholders holding approximately 73.78 per cent. of the shares in GGO elected or were deemed to elect to roll over their investment into the Company and will be issued New Ordinary Shares under the Proposals. The number of New Ordinary Shares to be issued pursuant to the GGO Scheme will be announced by 10 December 2010 at the latest. Funding the Cash Option Earlier today, the Company entered into a new facility agreement with The Royal Bank of Scotland plc pursuant to which RBS has agreed to provide a GBP15 million multi currency revolving credit facility to the Company. This facility is available until 12 November 2011. The Company will draw down all or part of the facility on the Effective Date to fund in part elections for the Cash Option. Interest is payable on this facility at a rate which is the aggregate of a margin of 1.55 per cent. per annum, LIBOR and mandatory costs. An arrangement fee of 0.6 per cent. of the amount of the facility is payable on the Effective Date. Expected timetable It should be noted that the Proposals remain conditional upon inter alia the approval of GGO Shareholders at the second general meeting of GGO to be held at 10.00 a.m. on 10 December 2010. The expected timetable in relation to the implementation of the Proposals is as follows: +----------------+------------+ | | 2010 | +----------------+------------+ | Calculation | 5.00 | | Date | p.m. | | | on 7 | | | December | +----------------+------------+ | Second | 10.00 | | general | a.m. | | meeting | on 10 | | of GGO | December | +----------------+------------+ | Effective | 10 | | Date of | December | | the | | | Scheme | | +----------------+------------+ | Admission | 8.00 | | and | a.m. | | dealings | on 13 | | commence | December | | in the | | | New | | | Ordinary | | | Shares | | | and the | | | Subscription | | | Shares and | | | CREST | | | accounts | | | credited in | | | respect of | | | New Ordinary | | | Shares and | | | Subscription | | | Shares | | | issued in | | | uncertificated | | | form | | +----------------+------------+ | Conversion | 13 | | Price of | December | | Subscription | | | Shares | | | announced | | +----------------+------------+ | Certificates | Week | | despatched | commencing | | in respect | 20 | | of New | December | | Ordinary | | | Shares and | | | Subscription | | | Shares | | | issued in | | | certificated | | | form | | +----------------+------------+ | Payment | 4 | | date | February | | for the | 2011 | | Interim | | | Dividend | | +----------------+------------+ Notes: 1. The dates set out in the expected timetable above may be adjusted by the Company, in which event details of the new dates will be notified to the UK Listing Authority and the London Stock Exchange and an announcement will be made through aregulatory information service that is on the list of regulatory information services maintained by the Financial Services Authority. 2 All references to time in this announcement are to London time. Enquiries +---------+------------+---------------+ | Simon | Artemis | 07768 794 182 | | Miller | Alpha | | | | Trust | | | | plc | | +---------+------------+---------------+ | Gordon | Canaccord | 020 | | Neilly/ | Genuity | 7050 | | Rishi | Limited | 6778/ | | Zaveri | | 020 7050 6780 | +---------+------------+---------------+ | Mark | Artemis | 0131 225 7300 | | Tyndall | Investment | | | | Management | | | | LLP | | +---------+------------+---------------+ Notes Terms defined in the Circular to shareholders dated 11 November 2010 shall have the same meaning in this announcement unless the context otherwise requires. Canaccord Genuity Limited, which is authorised and regulated in the United Kingdom by the FSA, is acting for the Company and for no-one else in connection with the Proposals, and will not be responsible to anyone other than the Company for providing the protections afforded to customers of Canaccord Genuity Limited or for providing advice to any other person in relation to the Proposals or any other matter referred to in this announcement. This information is provided by RNS The company news service from the London Stock Exchange END ROMFSSFIWFSSESE
1 Year Gartmore Growth Opportunities Chart |
1 Month Gartmore Growth Opportunities Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions