Titanium Asset Management Corp
27 March 2008
27 March 2008
Titanium Asset Management Corp.
Result of Special Meeting
Resolution Successfully Approved
Titanium Asset Management Corp. ('Titanium' or the 'Company') (AIM: TAM) is
pleased to announce that at the Special Meeting of Stockholders held yesterday
the Resolution was successfully carried by an majority of 75% of votes in
favour.
The Special Meeting had been convened to approve the acquisition by Titanium of
the entire issued and outstanding capital stock of National Investor Services,
Inc (the 'Acquisition').
The Acquisition is expected to complete on 31 March 2008
The Company has elected to extend the deadline by which those Stockholders
voting against the acquisition and wishing to exercise their repurchase rights
must return the original redemption card and share certificates to the Company's
registrars until 10.00am (UK time) on Friday 28 March 2008.
Following this deadline, the Company will make a further announcement confirming
the total number of shares to be repurchased by the Company, including the
number of Founding Shares to be repurchased at par value, and confirming the
number of Shares in issue and admitted to trading on AIM.
For further information:
Titanium Asset Management Corp.
John Sauickie, Chief Executive Officer +1 941 361 2191
Nigel Wightman, Executive Director + 44 7789 277849
Seymour Pierce Ltd
Jonathan Wright +44 20 7107 8000
Penrose Financial
Gay Collins +44 20 7786 4888
Kay Larsen
titanium@penrose.co.uk
This information is provided by RNS
The company news service from the London Stock Exchange