St Helens Private Equity Plc
LSE : SHPE

February 10, 2010 07:11 ET

Results of Annual General Meeting


10 February 2010
                                                     
                                       ST HELEN'S PRIVATE EQUITY PLC
                                   RESULTS OF THE ANNUAL GENERAL MEETING



St  Helen's  Private  Equity  plc, the Pre-IPO, Special Situations and 'SmallCap'  investment  company,  is
pleased  to  report  that at the Company's AGM held on Tuesday 9th February 2010 the following  Resolutions
were passed by the shareholders.



Ordinary Business

1.       To  receive and adopt the Directors' Report and the Financial Statements for the year  ended  30th
         September 2008

2.      To re-elect Mr J Pither, who retires by rotation, as a director of the Company.

3.      To re- elect Mr D Abell, who retires by rotation, as a director of the Company.

4.      To re-appoint Messrs H W Fisher & Company as auditors.

5.      To authorise the Directors to fix the remuneration of the auditors.

Special Business - Ordinary Resolutions

6.  The Board be unconditionally authorised for the purposes of the Companies Act 2006 Section 551  to
    exercise  all the powers of the Company to allot relevant securities up to a maximum amount of £300,000
    provided that this authority shall expire on 31 March 2011 or, if earlier, at the conclusion of the Annual
    General Meeting of the Company held in the year 2011, save that the Company may prior to the expiry of such
    authority make an offer or agreement under which relevant securities would or might fail to be allotted
    after such expiry; and the Board may allot relevant securities in pursuance of such an offer or agreement
    as if the authority conferred by this resolution had not expired.

Special resolutions

7.  The  Board  be  empowered  pursuant to the Companies Act 2006 ("the 2006  Act")  to  allot  equity
    securities for cash as if Section 561 (1) of the 2006 Act did not apply to such allotment provided that
    this power shall be limited to:

        7.1  the  allotment of equity securities (as defined in Section 560 of the 2006 Act) in  connection
        with  any offer by way of rights to the holders of ordinary shares in the Company on a record  date
        fixed  by the Board in proportion (as nearly as may be) to the number of shares then held  by  such
        holders, but subject to such exclusions or other arrangements as the Board may deem appropriate  to
        deal  with  fractional  entitlements  or to resolve any legal  or  practical  problems  arising  in
        connection with such an offer; and

        7.2  The  allotment  otherwise than in connection with such an offer up  to  an  aggregate  nominal
        amount of £150,000;

    and  shall  expire on 31 March 2011 or, if earlier, at the conclusion of the Annual General Meeting  of
    the  Company held in the year 2011 save that the Company may prior to the expiry of such authority make
    an  offer  or  agreement under which equity securities would or might fail to be  allotted  after  such
    expiry  and the Board may allot equity securities in pursuance of such an offer or earlier by agreement
    as if the power conferred by this Resolution had not expired.
    
    
                 The Directors of the issuer accept responsibility for this announcement.

ENQUIRIES:

ST HELEN'S PRIVATE EQUITY PLC                            TEL: 020 7628 5582
Hamish Williams

FISHER CORPORATE PLC                                     TEL: 020 7388 7000
Gary Miller

Contact Information

  • St Helens Private Equity Plc