Last checked at 
12 Dec 2017 16:49
International Biotechnology Trust plc (the Company)
Announcement of Results of Annual General Meeting (AGM)
The Company gives notice that all resolutions proposed in the Notice of the Meeting were duly passed at the AGM held today on a show of hands.
A copy of all resolutions passed as special resolutions has been submitted to the National Storage Mechanism and will shortly be available for inspection at: www.hemscott.com/nsm.do.
The Board confirm that there was a significant proportion of proxy votes cast against the re-appointment of the Auditors (39.92%). In October 2016, the Company conducted a tender for audit services in line with the EU Audit Directive. The Board concluded, that it was in the interests of the Company as a whole to continue with the appointment of PricewaterhouseCoopers LLP as auditors and will discuss with those major Shareholders who voted against.
Details of the number of proxy votes cast for, against and withheld on the resolutions will shortly be published on the Company's website, www.ibtplc.com.
Susan Gledhill
BNP Paribas Secretarial Services Limited
Company Secretary
Telephone: 020 7410 5971
12 DECEMBER 2017