Embargoed for release 07.00hrs BST 24 May 2007
Contact: Bill Hensel, Director, Media Relations
Phone: +1 404 479-2886
Contact: Michael S. Perman, Company Secretary
Phone: +44 (0) 20 7065 3942
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AMVESCAP Shareholders Approve All AGM Resolutions
Company Renamed INVESCO PLC
London--May 24, 2007--INVESCO PLC (formerly AMVESCAP PLC) today announced that,
at its Annual General Meeting held yesterday, shareholders of the company
overwhelmingly approved all 13 resolutions on the ballot, including a special
resolution to change the name of the company to "INVESCO PLC." The effective
date of the name change was May 23, 2007.
"I am pleased that our shareholders have voted to approve the name change to
INVESCO, one of our powerful, distinctive brands that is recognized in every
market in which we operate," said Marty Flanagan, president and CEO. "Our sole
business focus on investment management is embedded in this name, and it will
more accurately reflect our integrated strategy that unites all of our
businesses under a shared culture."
Ordinary shares of INVESCO will be traded on the London Stock Exchange and
American Depository Shares on the New York Stock Exchange under the new ticker
symbol "IVZ" commencing May 24, 2007. Our Canadian subsidiary, AMVESCAP Inc.,
which has Exchangeable Shares listed for trading on the Toronto Stock Exchange,
has likewise changed its name to "INVESCO Inc." and its shares will also be
traded under the symbol "IVZ" in the future. Neither company will be issuing
replacement share certificates. Existing share certificates issued in the name
of AMVESCAP PLC (and the names of predecessor companies) and AMVESCAP Inc. will
remain valid for dealing and settlement purposes in the markets.
INVESCO PLC's CUSIP number for dealings in American Depository Shares on the New
York Stock Exchange has been changed to 46127U 104 and INVESCO Inc.'s CUSIP
number for dealings in Exchangeable Shares on the Toronto Stock Exchange has
been changed to 46130D 107. The ISIN number for the ordinary shares on the
London Stock Exchange remains unchanged.
INVESCO PLC is one of the world's largest independent investment management
organizations dedicated to helping people worldwide build their financial
security. Operating principally through the AIM, AIM Trimark, Atlantic Trust,
INVESCO, Invesco Perpetual, PowerShares and WL Ross & Co. brands, INVESCO PLC
strives to deliver outstanding performance and service across a comprehensive
array of investment products for individuals and institutions around the world.
For more information go to www.invesco.com.
RESULTS OF ANNUAL GENERAL MEETING
INVESCO PLC announces the results of the voting by poll on the resolutions put
to its Annual General Meeting held yesterday:
Votes % of Votes % of Votes
For Votes Against Votes Withheld
Cast Cast
For Against
Resolution 1:
To receive the Accounts 157,214,760 99.43 897,248 0.57 2,130,044
Resolution 2:
To receive the Remuneration 152,616,161 96.67 5,259,511 3.33 2,366,378
Report
Resolution 3:
To declare a final dividend 160,150,167 99.97 52,567 0.03 39,324
Resolution 4:
To re-elect 156,471,832 97.73 3,634,226 2.27 135,994
Joseph R. Canion
Resolution 5:
To re-elect 159,765,094 99.79 340,240 0.21 136,721
Edward Lawrence
Resolution 6:
To re-elect 159,503,153 99.62 604,880 0.38 134,022
James Robertson
Resolution 7:
To re-appoint 159,768,126 99.77 363,211 0.23 110,720
Ernst & Young LLP
Resolution 8:
To approve the change
of name
(Special Resolution) 154,888,143 99.88 184,869 0.12 5,169,044
Resolution 9:
Section 80 Authority 159,128,818 99.45 882,395 0.55 230,841
Resolution 10:
Section 95 Authority
(Special Resolution) 158,378,401 99.44 893,689 0.56 976,382
Resolution 11:
Market Purchase Authority
(Special Resolution) 160,044,497 99.92 126,714 0.08 70,846
Resolution 12:
Amendments to Articles
of Association
(Special Resolution) 159,867,600 99.87 213,757 0.13 160,698
Resolution 13:
Amendment to Article
96.1 of the Articles
of Association
(Special Resolution) 158,752,071 99.61 614,230 0.39 875,753
All of the resolutions are declared carried by the required majorities.
Ordinary shares in issue 840,098,863
Exchangeable Shares 18,918,892
Total shares 859,017,755
Total votes 214,745,438