TIDMTLI

RNS Number : 1097Q

Alternative Asset Opps PCC Ltd

01 November 2012

Alternative Asset Opportunities PCC Limited

(the "Company")

Result of Extraordinary General Meeting

The Company is pleased to announce that all Resolutions put to Shareholders at today's extraordinary general meeting have been duly passed. Further details of the Resolutions can be found in the prospectus published on 5 October 2012 in relation to the Placing and Open Offer of up to 32,000,000 Issue Shares.

The table below shows the votes received for and against the Resolutions.

Resolution 1: To approve the proposed amendments to the Company's Articles of Incorporation:

 
                                Number   % votes 
                                            cast 
-------------------------  -----------  -------- 
 Votes for/discretionary    25,756,897       100 
-------------------------  -----------  -------- 
 Votes against                       -         - 
-------------------------  -----------  -------- 
 Total votes cast           25,756,897 
-------------------------  -----------  -------- 
 Votes withheld                      -         - 
-------------------------  -----------  --------

Resolution 2: To sanction and consent to the issue of the Issue Shares at a discount of more than 10 per cent. to the middle market share price of the Participating Shares:

 
                                Number   % votes 
                                            cast 
-------------------------  -----------  -------- 
 Votes for/discretionary    24,756,897      96.1 
-------------------------  -----------  -------- 
 Votes against               1,000,000       3.9 
-------------------------  -----------  -------- 
 Total votes cast           25,756,897 
-------------------------  -----------  -------- 
 Votes withheld                      -         - 
-------------------------  -----------  --------

Resolution 3: To approve the participation of Investec Asset Management Limited in the Placing:

 
                                Number   % votes 
                                            cast 
-------------------------  -----------  -------- 
 Votes for/discretionary    17,162,897      94.5 
-------------------------  -----------  -------- 
 Votes against               1,000,000       5.5 
-------------------------  -----------  -------- 
 Total votes cast           18,182,897 
-------------------------  -----------  -------- 
 Votes withheld                      -         - 
-------------------------  -----------  --------

As set out in the announcement dated 26 October 2012, application has been made to the UK Listing Authority for 32,000,000 Issue Shares to be admitted to the Official List and to the London Stock Exchange for 32,000,000 Issue Shares to be admitted to trading on its main market for listed securities. It is expected that Admission will occur, and that dealings will commence, on 5 November 2012.

Following Admission, the Company's issued share capital will comprise 72,000,000 redeemable participating preference shares of no par value and this figure may be used by Shareholders as the denominator for the calculations by which they should determine whether they are required to notify their interest in, or a change to their interest in, the Company under the FSA's Disclosure and Transparency Rules.

In accordance with Listing Rule 9.6.2R, a copy of the Resolutions will shortly be available for inspection on the UK Listing Authority's National Storage Mechanism at www.hemscott.com/nsm.do

Terms used and not defined in this announcement bear the meaning given to them in the prospectus dated 5 October 2012.

Enquiries

   Peter Ingram                                                                     020 7065 1467

Company Secretary

Westhouse Securities Limited

   Alastair Moreton/Darren Vickers                             020 7601 6118

This information is provided by RNS

The company news service from the London Stock Exchange

END

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