Business
Amendment to Certificate of I
Amendment to Certificate of I.
About this update from Tatton Asset Management Plc
[{"type":"text","content":"\n RNS Number : 5830Z Titanium Asset Management Corp 22 July 2008 \n \n\nTitanium Asset Management Corp.\n('Titanium' or the 'Company')\n\nAmendment to Certificate of Incorporation\n\nThe Company announces that, with the approval of its majority shareholder, Clal Finance Ltd ('Clal Finance'), it has made an amendment to its Certificate of Incorporation.\n\nThe change relates to the terms on which the share of Convertible Restricted Stock in the Company can convert into Common Stock. Specifically the amended Certificate of Incorporation states that, whilst the Convertible Restricted Stock will continue to convert into Common Stock upon a person acquiring more than 50% of the voting rights in the Company (a 'Change of Control'), such conversion will not occur if the Change of Control is effected by Clal Finance unless Clal acquires 100% of the voting rights in any one or a series of related transactions.\n\nThe full terms of the amended Certificate of Incorporation can be found at the Company's website at \nwww.ti-am.com .\n\nFor further information:\n \nTitanium Asset Management Corp.\nNigel Wightman, Chairman and CEO +44 7789 277849\n\nSeymour Pierce Ltd\nJonathan Wright +44 20 7107 8000\n\nThis information is provided by RNSThe company news service from the London Stock Exchange END MSCEAPXAAAXPEEE \n ","length":3345,"tagName":"div"}]