AXA Property Trust Result of AGM
December 02 2016 - 10:13AM
UK Regulatory
TIDMAPT
2 December 2016
AXA PROPERTY TRUST LIMITED
Result of Annual General Meeting
At the Annual General Meeting held earlier today, it was resolved amongst
others, that the Company be authorised to market acquisitions of ordinary
shares of No Par Value each ("Ordinary Shares") (either for retention as
treasury shares, transfer or cancellation), provided that the maximum number of
Ordinary hereby authorised to be purchased shall be 14.99 per cent per annum of
the Ordinary Shares in issue immediately following the passing of this
resolution; the minimum price shall be 1p and the maximum price shall be not
more than the higher of (i) five per cent above the average of the middle
market quotations for the Ordinary Shares as derived from the Official List of
the London Stock Exchange plc for the five business days before the day the
purchase is made and (ii) the higher of the price of the last independent trade
and the highest independent bid at the time of the purchase for the Ordinary
Shares.
It was further resolved that the pre-emption rights applicable to new share
issues shall not apply and shall be excluded in relation to the issue of up to
an aggregate number of Ordinary Shares as represents less than 10 per cent of
the number of Ordinary Shares admitted to trading on London Stock Exchange plc.
A copy of the full voting totals will be published on the Company's website at:
www.retail.axa-im.co.uk/axa-property-trust
A copy of the above document has been submitted to the National Storage
Mechanism and will shortly be available for inspection at: www.hemscott.com/
nsm.do
All Enquiries:
The Company Secretary
Northern Trust International Fund Administration Services (Guernsey) Limited
Trafalgar Court
Les Banques
St Peter Port
Guernsey
GY1 3QL
Tel: 01481 745001
END
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