February 28, 2017 / 4:16 PM / 5 months ago

BRIEF-Alliance Trust shareholders vote in favour of authority to repurchase from Elliott

1 Min Read

Feb 28 (Reuters) - Alliance Trust Plc

* 77.29 percent shareholders vote in favour of authority to repurchase from elliott

* Elliott's shares will be bought back in five tranches, in each case at a price representing a 4.75 per cent. Discount to net asset value per ordinary share

* 83.41 percent shareholders vote in favour of resolution to buyback up to 95,478,576 shares in accordance with repurchase agreement Source text for Eikon: Further company coverage: (Reporting by Maiya Keidan)

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