Rapid Realisations Fund Limited Result of AGM (7726D)

TIDMRRF

RNS Number : 7726D

Rapid Realisations Fund Limited

01 May 2013

1 May 2013

RAPID REALISATIONS FUND LIMITED

("THE COMPANY")

Registration number 47341

Result of Annual General Meeting ("AGM")

The Board of the Company are pleased to announce that all of the resolutions put to the shareholders at its Annual General Meeting were passed. A summary of proxy totals is shown below:

 
 Resolution 1                In Favour    Against   Withheld 
  That the Financial 
  Statements, Directors' 
  Report and Auditors' 
  Report for the 
  year ended 31 
  December 2012 
  be received and 
  adopted 
--------------------------  -----------  --------  --------- 
 Votes                       41,662,917   0         0 
--------------------------  -----------  --------  --------- 
 % of votes cast             100%         0%        N/A 
--------------------------  -----------  --------  --------- 
 
 Resolution 2 
  That KPMG Channel 
  islands be re-appointed 
  as auditors of 
  the Company 
--------------------------  -----------  --------  --------- 
 Votes                       41,662,917   0         0 
--------------------------  -----------  --------  --------- 
 % of votes cast             100%         0%        N/A 
--------------------------  -----------  --------  --------- 
 
 Resolution 3 
  That the Directors 
  be authorised 
  to fix the remuneration 
  of the auditors 
--------------------------  -----------  --------  --------- 
 Votes                       41,662,917   0         0 
--------------------------  -----------  --------  --------- 
 % of votes cast             100%         0%        N/A 
--------------------------  -----------  --------  --------- 
 
 Resolution 4 
  That David McHugh 
  be re-elected 
  as a Director 
  of the Company 
--------------------------  -----------  --------  --------- 
 Votes                       41,662,917   0         0 
--------------------------  -----------  --------  --------- 
 % of votes cast             100%         0%        N/A 
--------------------------  -----------  --------  --------- 
 
 Resolution 5 
  That the Company 
  be authorised 
  to make market 
  purchases of ordinary 
  shares 
--------------------------  -----------  --------  --------- 
 Votes                       41,662,917   0         0 
--------------------------  -----------  --------  --------- 
 % of votes cast             100%         0%        N/A 
--------------------------  -----------  --------  --------- 
 
 Special Resolution 
  6 
  That the investment 
  objective and 
  policy of the 
  Company is to 
  manage the realisation 
  of the Company's 
  investment portfolio 
  and to maximise 
  the return of 
  the invested capital 
  to shareholders 
  during the period 
  ending on 30 September 
  2014 
--------------------------  -----------  --------  --------- 
 Votes                       41,662,917   0         0 
--------------------------  -----------  --------  --------- 
 % of votes cast             100%         0%        N/A 
--------------------------  -----------  --------  --------- 
 

-ends-

For further information

   James Maxwell                                   [phone] 

N+1 Singer Advisory LLP

   Rhys Davies                                       [phone] 

This information is provided by RNS

The company news service from the London Stock Exchange

END

RAGUAAORORAVRAR