TIDMRSS

RNS Number : 5352C

RAB Special Situations Company Ltd

28 June 2016

28 June 2016

RAB Special Situations Company Limited

("RSS" or the "Company")

Results of Extraordinary General Meeting

The Board of Directors of RAB Special Situations Company Limited (the "Board") announces that, at the Extraordinary General Meeting held today at 9.00 a.m., the Special Resolution was passed.

The passing of the Special Resolution:

   --     Placed the Company into voluntary liquidation;

-- Appointed Collenette Jones Limited, Guernsey as liquidator of the Company (the "Liquidator");

-- Approved the remuneration of the Liquidator on the basis set out in the circular to shareholders of the Company dated 27 May 2016;

-- Granted full authority to the Liquidator to distribute the assets of the Company in cash and/or in specie, in accordance with the Company's articles of association; and

-- Granted approval for the admission of the Company's ordinary shares to trading on the AIM market of the London Stock Exchange plc be cancelled in accordance with Rule 41 of the AIM Rules for Companies.

Capitalised terms and expressions have the same meanings as those attributed to them in the Company's Circular dated 27 May 2016.

The total number of votes cast was 48,864,810 which represents approximately 76.37 per cent. of the Company's total voting rights. 48,614,810 shares voted in favour of the resolution and 250,000 shares voted against. Therefore the resolution was carried.

The Company also announces the resignation of Mr Hodson, Mr Wetherhill and Mr Wilson from the Board.

 
   Elysium Fund Management              RAB Capital Limited 
    Limited                              No. 1 Adam Street 
    PO Box 650                           London 
    1(st) Floor                          WC2N 6LE 
    Royal Chambers 
    St Julian's Avenue                   David Hince 
    St Peter Port                        Tel: +44 207 389 7000 
    Guernsey 
    GY1 3JX 
 
    Tel: +44 1481 810 100 
    e-mail: elysium@elysiumfundman.com 
  ------------------------------------  ---------------------- 
   Panmure Gordon (UK) Limited 
    One New Change 
    London 
    EC4M 9AF 
 
    Richard Gray / Andrew Potts 
    / Adam James 
    Tel: +44 207 886 2500 
  ------------------------------------  ----------------------

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

June 28, 2016 10:38 ET (14:38 GMT)

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