Company Announcements

11 March 2024

Fidelity China Special Situations PLC

Legal Entity Identifier: 54930076MSJ0ZW67JB75

Result of General Meeting

The Board of Fidelity China Special Situations PLC (the " Company ") is pleased to announce that the ordinary resolution relating to the issue of New Shares in connection with the proposed combination of the assets of the Company with the assets of abrdn China Investment Company Limited (" ACIC ") was approved by the Company's shareholders at the general meeting of the Company held today.

 

The implementation of the proposals remains conditional upon, amongst other things, the passing of the resolution to be proposed at the Second ACIC General Meeting to be held on Wednesday, 13 March 2024.

 

Details of the number of votes cast for, against and withheld in respect of the resolution, which was voted on by way of poll, are set out below and will also be published on the Company's website:   www.fidelity.co.uk/china .  

 

             Votes For            Votes                    % Issued Votes
Resolution   (including     %     Against %    Votes Total Share    Withheld
             Discretionary)                                Capital

Authority to
allot New
Shares in    156,730,231    99.89 171,571 0.11 156,901,802 33.53%   152,811
connection
with the
Issue.

 

The full text of the resolution can be found in the notice of General Meeting contained in the Company's circular to Shareholders dated 16 February 2024 (the " Circular "). The Circular is available for viewing at the National Storage Mechanism which can be located at https://data.fca.org.uk/#/nsm/nationalstoragemechanism and on the Company's website at www.fidelity.co.uk/china .

 

In accordance with Listing Rule 9.6.2R, a copy of the resolution will be submitted to the National Storage Mechanism and will shortly be available for viewing at https://data.fca.org.uk/#/nsm/nationalstoragemechanism .

Defined terms used in this announcement have the meanings given in the Circular unless the context otherwise requires.

For further information please contact:

FIL Investment Services (UK) Limited                   +44 (0) 20 3986 5367

Claire DwyerDaniel Summerland

Dickson Minto Advisers (Sponsor and Financial Adviser) +44 (0) 20 7649 6823

Douglas ArmstrongJefferies International Limited (Corporate Broker)     +44 (0) 20 7029 8000

Gaudi Le Roux

Harry Randall