Result of AGM (3013A)

TIDMHRCO

RNS Number : 3013A

Hirco plc

28 March 2012

News Release

Hirco PLC

("Hirco" or the "Company")

AGM results

28 March 2012 - LONDON - Hirco PLC (AIM: HRCO), the AIM-quoted real estate investment company, today announces that at the Annual General Meeting of the Company held today at 11.30am in the Isle of Man, all resolutions proposed in the notice of the meeting were passed. The results of the poll on the resolutions put to the meeting were as follows:

 
     Resolution                     Votes for       Votes against       % in favour 
----------------------------  ---------------  ------------------  ---------------- 
 1. To receive and 
  adopt the annual 
  report and audited 
  accounts of the Company          49,501,225                   0              100% 
----------------------------  ---------------  ------------------  ---------------- 
 2. To re-elect John 
  Chapman as a Director            49,500,325                   0              100% 
----------------------------  ---------------  ------------------  ---------------- 
 3. To re-elect Eitan 
  Milgram as a Director            44,714,261           4,786,064            90.33% 
----------------------------  ---------------  ------------------  ---------------- 
 4. To re-elect David 
  Burton as a Director             46,974,373           2,525,952            94.89% 
----------------------------  ---------------  ------------------  ---------------- 
 5. To reappoint KPMG 
  Audit LLC as auditors 
  to the Company                   46,974,373           2,525,952            94.89% 
----------------------------  ---------------  ------------------  ---------------- 
 6. To authorise the 
  Directors to fix 
  the remuneration 
  of the auditors                  46,974,373           2,525,952            94.90% 
----------------------------  ---------------  ------------------  ---------------- 
 7. To disapply pre-emption 
  rights under Article 
  5.1                              49,500,325                 900            99.99% 
----------------------------  ---------------  ------------------  ---------------- 
 8. To authorise the 
  Company to make market 
  purchases of its 
  own ordinary shares              49,501,225                   0              100% 
----------------------------  ---------------  ------------------  ---------------- 
 9. To authorize the 
  share premium to 
  be cancelled and 
  re-classified as 
  distributable reserves           49,501,225                   0              100% 
----------------------------  ---------------  ------------------  ---------------- 
 10. To amend the 
  Articles to allow 
  the Company to circulate 
  copies of its Annual 
  Accounts by electronic 
  means                            49,500,325                   0              100% 
----------------------------  ---------------  ------------------  ---------------- 
 

For further information, please contact:

   Hirco Plc                                              Singer Capital Markets Ltd 
   Nigel McGowan                                    Nominated Advisor 
   Company Secretary                               James Maxwell / Nick Donovan 
   [e-mail]                                   [phone] 

This information is provided by RNS

The company news service from the London Stock Exchange

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