Result of EGM
June 20 2008 - 10:59AM
UK Regulatory
20 June 2008
New Star Asset Management Group PLC
Results of General Meeting
The Board of New Star Asset Management Group PLC (the "Company"), gives notice
that at the General Meeting of the Company held today, all of the resolutions
proposed in the Notice of Meeting in connection with the approval and
establishment of the New Star Employee Shared Ownership Plan were duly passed
on a show of hands.
For information, the proxy votes received were as follows:
RESOLUTIONS VOTES FOR % VOTES % VOTES TOTAL VOTES VOTES
VOTES AGAINST AGAINST CAST WITHHELD
FOR * **
Ordinary
Resolution
1 To approve and 130,574,466 89.14 15,903,124 10.86 146,477,590 4,445,309
establish the New
Star Employee
Shared Ownership
Plan.
Special
Resolutions
2 To authorise the 139,951,053 95.52 6,560,335 4.48 146,511,388 4,411,511
Company to enter
into a call option
agreement enabling
it to purchase
ordinary shares in
the Company from
the Trustee of The
New Star 2008
Employees' Share
Trust (No. 1).
3 To authorise the 139,951,053 95.52 6,560,335 4.48 146,511,388 4,411,511
Company to enter
into a call option
agreement enabling
it to purchase
ordinary shares in
the Company from
the Trustee of The
New Star 2008
Employees' Share
Trust (No. 2).
* The votes `For' include those votes giving the Chairman discretion.
**The votes `Withheld' are not a vote in law and are not counted in the
calculation of the proportion of votes "for" and "against" a resolution.
A summary of proxy votes received will shortly be available on the Company's
website, www.newstaram.com.
In accordance with Listing Rule 9.6.2 R, two copies of all special resolutions
passed by shareholders at the General Meeting, will be submitted to the UK
Listing Authority shortly and will be available for inspection at the UK
Listing Authority's Document Viewing Facility, which is situated at:
Financial Services Authority
25 The North Colonnade
Canary Wharf
London
E14 5HS
END
New Star Asset Management (LSE:NSAM)
Historical Stock Chart
From Sep 2024 to Oct 2024
New Star Asset Management (LSE:NSAM)
Historical Stock Chart
From Oct 2023 to Oct 2024
