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8-K - FORM 8-K - Columbia Seligman Premium Technology Growth Fund, Inc. | c64133e8vk.htm |
EX-99.2 - EX-99.2 - Columbia Seligman Premium Technology Growth Fund, Inc. | c64133exv99w2.htm |
Exhibit 99.1
Media contact: Stockholder contact: |
Charles Keller 612-678-7786 charles.r.keller@ampf.com Gary Terpening 212-850-1533 gary.a.terpening@ampf.com |
COLUMBIA SELIGMAN PREMIUM TECHNOLOGY GROWTH FUND, INC.
HOLDS FIRST ANNUAL MEETING OF STOCKHOLDERS
HOLDS FIRST ANNUAL MEETING OF STOCKHOLDERS
MINNEAPOLIS, MN, April 14, 2011 Columbia Seligman Premium Technology Growth Fund,
Inc. (the Fund) (NYSE: STK) today held its First Annual Meeting of Stockholders (the
Meeting) in Minneapolis, Minnesota. Stockholders voted in accordance with the recommendations of
the Funds Board of Directors on each of the two proposals at the Meeting.
Stockholders re-elected three Directors at the Meeting. The re-elected Directors are Mses. Patricia
M. Flynn and Catherine James Paglia and Mr. Stephen R. Lewis, Jr. The re-elected Directors terms
will expire at the Funds 2014 annual meeting of stockholders. Stockholders also ratified the
selection of Ernst & Young LLP as the Funds independent registered public accounting firm for
2011.
Important Disclosures:
The net asset value of shares of a closed-end fund may not always correspond to the market price of
such shares. Common stock of many closed-end funds frequently trade at a discount from their net
asset value. The Fund is subject to stock market risk, which is the risk that stock prices overall
will decline over short or long periods, adversely affecting the value of an investment in the
Fund.
The Fund should only be considered as one element of a complete investment program. An investment
in the Fund should be considered speculative. The Funds investment policy of investing in
technology and technology-related companies and writing call options involves a high degree of
risk.
The market prices of technology and technology-related stocks tend to exhibit a greater degree of
market risk and price volatility than other types of investments. These stocks may fall in and out
of favor with investors rapidly, which may cause sudden selling and dramatically lower market
prices. These stocks also may be affected adversely by changes in technology, consumer and business
purchasing patterns, government regulation and/or obsolete products or services. Technology and
technology-related companies are often smaller and less experienced companies and may be subject to
greater risks than larger companies, such as limited product lines, markets and financial and
managerial resources. These risks may be heightened for technology companies in foreign markets.
Columbia Seligman Premium Technology Growth Fund is managed by Columbia Management Investment Advisers, LLC.
This material is distributed by Columbia Management Investment Distributors, Inc., member FINRA.
You should consider the investment objectives, risks, charges, and expenses of the Fund carefully
before investing. You can obtain the Funds most recent periodic reports and other regulatory
filings by contacting your financial advisor or American Stock Transfer & Trust Company, LLC at 800
937-5449. These reports and other filings can also be found on the Securities and Exchange
Commissions EDGAR database. You should read these reports and other filings carefully before
investing.
There is no guarantee that the Funds investment goals/objectives will be met, and you could lose
money.
NOT FDIC INSURED · MAY LOSE VALUE · NO BANK GUARANTEE · NOT A DEPOSIT · NOT INSURED BY ANY FEDERAL
GOVERNMENT AGENCY