REG - Dunedin Enterprise - Result of General Meeting

Dunedin Enterprise Investment TrustAnnouncement

06/01/2025 15:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250106:nRSF2897Sa&default-theme=true

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/ (https://www.dunedinenterprise.com/) .

 

 Special Resolution                                                               Votes For (including Discretionary)  %      Votes Against  %     Votes Total  Votes Withheld
 THAT:                                                                            1,045,104                            94.21  64,249         5.79  1,109,353    4,022

 (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.

 

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/
(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
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://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 (https://www.lseg.com/privacy-and-cookie-policy)
.   END  ROMSSIFLMEISELF