RNS Number:9969O
Anglo & Overseas Trust PLC
18 July 2005


NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES,
CANADA, AUSTRALIA, THE REPUBLIC OF IRELAND OR JAPAN.


Anglo & Overseas Trust PLC

Result of the First Extraordinary General Meeting

The Board of Anglo & Overseas Trust PLC (the "Company") announces that at the
Extraordinary General Meeting of the Company held today, 18 July 2005 (the "
First EGM"), the special resolution approving the scheme of reconstruction of
the Company (the "Scheme") put to the meeting was duly passed.

The last date for receiving Forms of Election was 14 July 2005. The results of
the Elections are shown in the table below:

Option
New Anglo Shares                                      38,327,123
Cash                                                  66,265,024
Total                                                104,592,147

A further Extraordinary General Meeting of the Company (the "Second EGM") will
be held on 28 July 2005 at 10.00 a.m. at which resolutions will be proposed for
the winding-up of the Company, the appointment of liquidators and the grant of
appropriate powers to the liquidators. The Scheme will not become effective
unless these resolutions are passed. Shareholder entitlements pursuant to the
Scheme will be announced by the Company in due course following the Second EGM,
assuming that the Scheme becomes effective.

Expected Timetable

All references are to UK time

Payment date for interim dividend                                                               22 July 2005
Latest time and date for receipt of forms of proxy for the Second EGM             10.00 a.m. on 26 July 2005
Dealings in Reclassified Shares expected to commence on the London                 8.00 a.m. on 27 July 2005
Stock Exchange*
Calculation Date                                                           Close of business on 27 July 2005
Dealings in Reclassified Shares suspended                                          7.30 a.m. on 28 July 2005

Second EGM                                                                           10.00am on 28 July 2005
Effective Date for implementation of the Proposals and commencement                             28 July 2005
of the liquidation
Dealings commence in New Anglo Shares on the London Stock Exchange                              29 July 2005
New Anglo Shares issued in uncertificated form under the Scheme                                 29 July 2005
credited to CREST accounts of Shareholders entitled thereto
CREST accounts credited in respect of cash entitlements                                         29 July 2005
Definitive certificates in respect of New Anglo Shares issued in                    week commencing 1 August
certificated form despatched to Shareholders entitled thereto
Cheques despatched to Shareholders in respect of cash entitlements                  week commencing 1 August

*The Reclassified Shares are a technical requirement of the Scheme and will be
created by the Special Resolution passed at the First EGM

Terms defined in the Circular posted to Shareholders on 24 June 2005 have the
same meanings in this announcement.  Copies of the resolutions passed have been
submitted to the Document Viewing Facility of the UK Listing Authority and will
shortly be available for inspection at:

Financial Services Authority
25 The North Colonnade
Canary Wharf
London E14 5HS
Tel. No. (0)20 7676 1000

Enquiries

Robert Alcock                                         07748 184 728
Chairman

Angus Gordon Lennox                                   020 7588 2828
JPMorgan Cazenove Limited

Dr Sandy Nairn                                        0131 272 2701
Edinburgh Partners

Michael Berkeley                                      0207 638 9571
Sarah Gestetner
Clare Allison
Citigate Dewe Rogerson



                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

REGSFFFIASISESW
Anglo & Overseas (LSE:AOT)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Anglo & Overseas Charts.
Anglo & Overseas (LSE:AOT)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Anglo & Overseas Charts.