Fidelity China Special Situations PLC: AGM Approves All Resolutions
Fidelity China Special Situations PLC's Annual General Meeting on July 21, 2026, passed all proposed resolutions. Key approvals included amending the investment policy and renewing directors' authority to issue shares.
At the Annual General Meeting of Fidelity China Special Situations PLC held on July 21, 2026, all resolutions presented were duly passed.
Among the special business items approved was the authorization to amend the company's Investment Policy. This amendment is intended to provide greater flexibility in the company's investment strategy to adapt to evolving market conditions.
Furthermore, the meeting renewed the Directors' authority to allot a limited number of currently unissued ordinary shares, or to sell ordinary shares held in Treasury, for cash. This authority is granted for a specific period and aims to facilitate the company's financial arrangements.
It was also resolved to issue such shares, including from Treasury, without first offering them to existing ordinary shareholders on a pro-rata basis. This measure is expected to support the company's strategic objectives and the pursuit of new investment opportunities.