LFI London Finance & Investment Group Plc

 
TIDMLFI 
 
Date:              28th November 2012 
 
On behalf of:      London Finance & Investment Group P.L.C ("Lonfin" or 
                   "Company") 
 
 
 
                   London Finance & Investment Group P.L.C. 
 
                        Annual General Meeting results 
 
AGM Results 
 
London Finance & Investment Group P.L.C. (LSE: LFI, JSE: LNF), the investment 
company whose assets primarily consist of two Strategic Investments and a 
General Portfolio, held its Annual General Meeting today and is pleased to 
report that all resolutions were passed by the required majority. 
 
The proxy votes that would have been cast for each resolution, had a poll been 
held, were as follows: 
 
  Resolution                For        Against        Abstain 
 
       1             17,405,606            Nil            500 
 
       2             17,404,406          1,200            500 
 
       3             17,405,606            Nil            500 
 
       4             17,405,606            Nil            500 
 
       5             17,405,606            Nil            500 
 
       6             17,405,606            Nil            500 
 
       7             17,405,606            Nil            500 
 
       8             17,405,606            Nil            500 
 
The Chairman presented a summary of investments showing net assets per share, 
including investments at market value, and separately the net assets per share 
including the underlying investments of Western Selection P.L.C. at market 
value: 
 
Summary of Investments 
 
                                                    28 November         30 June 
 
                                                           2012            2012 
 
                                                           GBP000            GBP000 
 
Investment in associate at market value: 
 
Western Selection P.L.C.                                 2,987           3,144 
 
Strategic Investment at market value: 
 
Finsbury Food Group plc                                  3,494           1,880 
 
                                                     ----------      ---------- 
 
                                                         6,481           5,024 
 
General Equity Portfolio at market value                 4,787           4,603 
 
Tangible non-current assets                                  4               4 
 
Cash, bank balances and deposits                           795           2,217 
 
Bank loans                                              (1,000)         (1,950) 
 
Other net (liabilities)/assets                             146              55 
 
Non-controlling interests                                  (98)            (98) 
 
                                                     ----------      ---------- 
 
Net assets, including investments at market value       11,115           9,855 
 
                                                         ======          ====== 
 
Net assets per share                                      35.6p           31.6p 
 
Net assets per share, including the underlying 
investments of 
 
Western Selection P.L.C. at market value.                 44.7p           40.3p 
 
Enquiries to: 
 
London Finance & Investment GroupP.L.C. 
 
Lloyd Marshall                               020 7448 8950 
 
Notes to Editors: 
 
?  Lonfin is an investment company whose assets primarily consist of two 
   Strategic Investments and a General Portfolio. Strategic Investments are 
   significant investments in smaller UK quoted companies and these are 
   balanced by a General Portfolio, which consists mainly of investments in 
   major U.K. and European equities. 
 
?  Its strategic investments comprise: Western Selection P.L.C. and Finsbury 
   Food Group plc. Western Selection P.L.C. has strategic investments in 
   Creston plc, Swallowfield plc, Northbridge Industrial Services plc and 
   Hartim Limited. The General Portfolio has material interests in Oil, Natural 
   Resources, Pharmaceuticals & Healthcare and Food & Beverages. 
 
 
 
END 
 

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