Source - PRN

MITON GLOBAL OPPORTUNITIES PLC

(the “Company”)

Results of the Annual General Meeting held on Friday, 30 September 2016

Statement from the Board

In September 2015, shareholders approved proposals for the Company's future structure intended to address the discount at which the Company’s shares have traded.  The Board has been pleased that over the following year the Company's investment returns have been strong (NAV return of 22.6%) and that significant progress has been made with the important task of broadening awareness of the Company's differentiated mandate and ownership of the shares.

The Board is determined that further progress will be made on both fronts over the coming months, which it believes should result in the Company becoming an increasingly attractive vehicle and in the shares trading at a narrower discount to NAV.  The Company’s shares are today trading on a 7.0% discount and have traded on average at an 8.0% discount during the 30 calendar days preceding this Annual General Meeting (“AGM”).  Therefore the Board will, in line with our 2015 AGM statement, further review the Company's discount management policy in conjunction with the shareholders.

Annual General Meeting

The Board is pleased to announce that at the AGM held today, all resolutions as detailed below were duly passed by shareholders on a show of hands.  The proxy voting figures are shown below:

Resolutions Votes For % Votes Against % Total Votes Cast Votes
Withheld
Ordinary Resolutions
1. To receive and accept the Strategic Report, Report of the Directors, Auditor’s Report and the audited financial statements for the year ended 30 April 2016. 11,940,579 100 0 0 11,940,579 0
2. To receive and approve the Directors’ Remuneration Report for the year ended 30 April 2016. 11,940,579 100 0 0 11,940,579 0
3. To re-elect Anthony Townsend as a Director of the Company. 11,940,579 100 0 0 11,940,579 0
4. To re-elect James Fox as a Director of the Company. 11,940,579 100 0 0 11,940,579 0
5. To re-elect Michael Phillips as a Director of the Company. 11,940,579 100 0 0 11,940,579 0
6. To re-elect Hugh van Cutsem as a Director of the Company. 11,940,579 100 0 0 11,940,579 0
7. To appoint PricewaterhouseCoopers LLP as Auditor of the Company. 11,940,579 100 0 0 11,940,579 0
8. To authorise the Audit Committee to determine the Auditor’s remuneration. 11,940,579 100 0 0 11,940,579 0
SPECIAL BUSINESS
9. To authorise the Directors to allot shares. 11,940,579 100 0 0 11,940,579 0
Special Resolutions
10. To authorise the Directors to dis-apply pre-emption rights. 11,938,579 99.98 2,000 0.02 11,940,579 0
11. To authorise the Company to re-purchase shares in the market. 11,940,579 100 0 0 11,940,579 0
12. To authorise the Directors to call general meetings (other than the AGM) on not less than 14 clear days’ notice. 11,934,345 99.95 6,234 0.05 11,940,579 0

Any proxy votes which are at the discretion of the Chairman have been included in the "for" total. A vote withheld is not a vote in law and is not counted in the calculations of votes cast by proxy.

At the date of the AGM the total number of Ordinary shares of 1p each in issue and the total number of voting rights was 25,279,985.

The proxy voting figures will shortly also be available on the Company’s website at www.mitongroup.com/migo  

In accordance with Listing Rule 9.6.2, the full text of the special business resolution passed has been submitted to the National Storage Mechanism and will shortly be available for inspection at http://www.morningstar.co.uk/uk/nsm.  The special business resolutions will additionally be filed at Companies House.

30 September 2016

For further information please contact:

Katherine Manson Frostrow Capital LLP – Company Secretary 0203 709 8734

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