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27 May 2009

Resolutions passed at General Meeting

  • Financial
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3i Group plc (the "Company") announces that all the resolutions contained in the Notice of General Meeting dated 8 May 2009 were passed at the Company''s General Meeting held today, 27 May 2009.

Resolution 1: to authorise the increase in authorised ordinary share capital of the Company from £409,999,850 to £814,641,604 by the creation of an additional 547,822,682 ordinary shares of 73 19/22 pence each in the capital of the Company.

For Against Abstain
248,615,190 4,063,197 10,762,948

Resolution 2: to authorise the allotment of relevant securities up to an aggregate nominal amount of £404,641,755 in connection with the Rights Issue.

For Against Abstain
248,375,944 4,292,452 10,772,939

Resolution 3: to authorise the allotment of equity securities for cash in connection with the Rights Issue as if Section 89 of the Companies Act 1985 did not apply (special resolution).

For Against Abstain
247,513,164 5,108,826 10,819,345

Resolution 4: to authorise the amendment to The 3i Group Discretionary Share Plan.

For Against Abstain
250,312,891 2,096,137 11,032,307

The expected timetable of principal events in connection with the Rights Issue over the next two days is as follows:

Despatch of Provisional Letters of Allotment By close of business on 27 May 2009
Existing Ordinary Shares marked "ex-rights" by the London Stock Exchange 8.00 am on 28 May 2009
Dealing in New Ordinary Shares, nil paid, will commence 8.00 am on 28 May 2009
Nil Paid Rights credited to stock accounts and enabled for settlement in CREST As soon as practicable after 8.00 am on 28 May 2009

Two copies of the full text of the resolutions constituting special business were submitted to the UK Listing Authority today for publication through the Document Viewing Facility, which is situated at:

The Financial Services Authority
25 The North Colonnade
Canary Wharf
London
E14 5HS

For further information please contact:

Equiniti helpline
 0871 384 2232 (from inside the UK)
 +44 121 415 7187 (from outside the UK)

3i Group plc
Patrick Dunne, Group Communication Director -  0207 975 3242

J.P. Morgan Cazenove Limited
Naguib Kheraj, Ian Hannam, Andrew Hodgkin -  0207 588 2828

Merrill Lynch & Co., Inc.
Mark Astaire, Rupert Hume-Kendall -  0207 996 1000
                                                                                                                                             
Rothschild                                                                                 
Nigel Higgins, John Deans, Adam Young -  0207 280 5000