Baillie Gifford Shin Nippon PLC Circ re. General Meeting -share issuance authority (1739F)
February 16 2018 - 8:27AM
UK Regulatory
TIDMBGS
RNS Number : 1739F
Baillie Gifford Shin Nippon PLC
16 February 2018
Baillie Gifford Shin Nippon PLC
Legal Entity Identifier: X5XCIPCJQCSUF8H1FU83
16 February 2018
Posting of circular convening a general meeting
In order to meet the continuing demand for shares in Baillie
Gifford Shin Nippon PLC (the "Company"), the Board of Directors of
the Company (the "Board") is seeking shareholder approval to renew
the disapplication of statutory pre-emption rights on the issue of
shares in the capital of the Company.
Accordingly, the Company has today issued a circular convening a
general meeting (the "General Meeting") to be held at 9.30 a.m. on
12 March 2018 at the offices of Baillie Gifford & Co, Calton
Square, 1 Greenside Row, Edinburgh EH1 3AN.
At the General Meeting, a resolution will be put to shareholders
to disapply statutory pre-emption rights in relation to the
allotment of shares up to an aggregate nominal value of
GBP479,854.90 (amounting to an authority to allot up to 4,798,549
shares) representing approximately 10 per cent. of the Company's
issued share capital as at 12 February 2018 (the "Resolution"). The
authority conferred by the Resolution will lapse at the conclusion
of the next annual general meeting of the Company which is expected
to be held in May 2018.
The Board believes that the authority sought at the General
Meeting will allow them to continue to satisfy the strong demand
for shares in the period from the General Meeting to the Company's
next annual general meeting.
A copy of the circular is available for inspection on the
Company's website at www.shinnippon.co.uk.
A copy of the circular will also be submitted to the National
Storage Mechanism and will be available for inspection at
www.morningstar.co.uk/uk/NSM.
Baillie Gifford & Co Limited
Company Secretaries
16 February 2018
For further information please contact:
Campbell MacKenzie
Baillie Gifford & Co Limited
Company Secretaries
Tel: 0131 275 3174
This information is provided by RNS
The company news service from the London Stock Exchange
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