Oryx International Growth Regulatory News (OIG)

2 Sep 2009 11:03



For immediate release on 2 September 2009

Oryx International Growth Fund Limited ("Oryx" or the "Company")

Result of Annual General Meeting

The Company is pleased to announce that Resolutions 1 to 9 proposed at the Annual General Meeting held earlier today were duly passed. In relation to Resolution 10 (resolution to wind up the Company) the Company is pleased to announce that 90.25 per cent. of votes received were against this resolution and accordingly the Company will not be wound up.

The results of the voting by way of a poll on Resolution 9 (Waiver Resolution) were as follows:

* The "in favour" votes include those votes giving the Chairman discretion

** The "withheld" votes are not counted towards the votes cast

Christopher Mills and North Atlantic Smaller Companies Investment Trust plc, who comprise a Concert Party for the purposes of the City Code and are interested in 7,435,000 Ordinary Shares representing 32.5 per cent. of the Company's issued share capital, were not entitled to vote on the Waiver Resolution. Following the passing of the Waiver Resolution, the maximum potential interests of the Concert Party would be 38.3 per cent. of the Company's issued share capital assuming (i) full use is made by the Company of the Share Purchase Authority granted at the AGM, (ii) no member of the Concert Party disposes of any of its Ordinary Shares pursuant to the exercise of the Share Purchase Authority, and (iii) no person exercises any options or other rights to subscribe for Ordinary Shares.

The Company's issued share capital, as at 2 September 2009 is 22,845,823 Ordinary Share of 50p each. 

Enquiries:

Sara Bourne

BNP Paribas Fund Services (Guernsey) Limited Tel: 01481 750858

Alastair Moreton

Hannah Pearce

Arbuthnot Securities Limited Tel: 020 7012 2000

Capitalised terms used in this announcement will have the same meaning as in the Circular dated 24 July 2009 unless the context requires otherwise.