Last checked at 
6 May 2010 07:00
ATHELNEY TRUST PLC
ISSUE OF EQUITY / RESULT OF AGM
Athelney Trust plc (the "Company") announces that, at the annual general meeting held yesterday, all resolutions were passed. A summary of the votes received by the Company is as follows:
| Resolution | For | Against | Number of votes withheld | Total votes cast | |
| 1 | To receive the Company's accounts | 963,106 | 0 | 0 | 963,106 |
| 2 | To approve the Directors' remuneration report | 963,106 | 0 | 0 | 963,106 |
| 3 | To re-elect Mr H.B. Deschampsneufs as Director of the Company | 963,106 | 0 | 0 | 963,106 |
| 4 | To re-elect Mr D.A. Horner as a Director of the Company | 963,106 | 0 | 0 | 963,106 |
| 5 | To re-appoint Clement Keys as Auditors | 963,106 | 0 | 0 | 963,106 |
| 6 | Authority to allot shares | 959,606 | 0 | 2,500 | 962,106 |
| 7 | Disapplication of pre-emption rights in relation to resolution number 6
| 959,606 | 0 | 2,500 | 962,106 |
Further to the announcement of 25 March 2010, resolution 7 at the annual general meeting approved the issue and allotment of 198,088 new ordinary shares of 25p each to funds nominated by Hyperion Asset Management Limited, at a price of 120.15p per new ordinary share.
Application has been made for these shares to be admitted to the Official List of the UK Listing Authority. Application has also been made to the London Stock Exchange plc for such ordinary shares to be admitted to trading on its market for listed securities. It is expected that listing and trading will be effective from 7 May 2010.
For the purposes of the Financial Services Authority's Disclosure and Transparency Rules, the total number of ordinary shares in issue following admission of the new ordinary shares will be 2,000,890, each carrying the right to one vote. The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FSA's Disclosure and Transparency Rules.
For further information please contact:
Robin Boyle, Managing Director
Athelney Trust plc
020 7628 7937
Paul Quade, City Road Communications
020 7248 8010 / 07947 186694