TIDMLWI

RNS Number : 0018V

Lowland Investment Co PLC

24 January 2017

HENDERSON INVESTMENT FUNDS LIMITED

LOWLAND INVESTMENT COMPANY PLC

24 JANUARY 2017

LOWLAND INVESTMENT COMPANY PLC

Annual General Meeting held on 24 January 2017

Lowland Investment Company plc announces that at the Annual General Meeting held earlier today all resolutions proposed were duly passed on a show of hands. This included three Special Resolutions authorising:

- the allotment of ordinary shares for cash on a non pre-emptive basis up to a nominal value of GBP675,464 (equivalent to 10% of the issued ordinary share capital at today's date);

- market purchases of the Company's ordinary shares up to a maximum of 14.99% of the issued ordinary share capital (equivalent to 4,050,082 ordinary shares as at today's date) at the maximum price per share (exclusive of expenses) not exceeding the higher of: i) 105% of the average middle market quotations for the five business days preceding the date of purchase; and ii) the higher of the last independent bid and the highest current independent bid on the London Stock Exchange;

   -     market purchases of the preferred stock of the Company; and

- That a General Meeting other than an Annual General Meeting may be called on not less than 14 clear days' notice.

The full text of all the resolutions can be found in the Notice of Meeting, copies of which are available for viewing at www.morningstar.co.uk/uk/nsm.

The Directors of the Company also wish to announce the resignation of Mr Peter Troughton from the Board with effect from the conclusion of the Annual General Meeting.

For further information please contact:

Hannah Blackmore

For and on behalf of Henderson Secretarial Services Limited

Lowland Investment Company plc

Tel: 020 7818 2077

Sarah Gibbons-Cook

Investor Relations and PR Manager

Henderson Investment Funds Limited

Telephone: 020 7818 3198

Neither the contents of the Company's website nor the contents of any website accessible from hyperlinks on the Company's website (or any other website) is incorporated into, or forms part of, this announcement.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

January 24, 2017 10:39 ET (15:39 GMT)

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