GREENKO GROUP PLC 18 December 2015
("Greenko" or the "Company")
Result of Annual General Meeting and Extraordinary General MeetingGreenko announces the result of the Company's annual general meeting ("AGM") and extraordinary general meeting ("EGM") held today at 12.00 noon and 12.30 p.m. respectively.
Terms used and not defined in this announcement bear the meaning given to them in the circular to shareholders dated 24 November 2015 ("Circular").
All resolutions set out in the notice of the AGM incorporated in the Circular were passed, save for resolution 6, the disapplication of pre-emption rights for up to 10 per cent. of the existing issued share capital of the Company.
This will have no impact on the Company's ability to implement the Initial Cash Return.
All resolutions set out in the notice of the EGM incorporated in the Circular were duly passed and the Company will proceed with the implementation of the Initial Cash Return as described, and subject to the terms and conditions set out, in the Circular and, subject to completion of the Initial Cash Return, the Delisting, in each case as per the timetable set out below.
Shareholders should note the latest time for receipt of Forms of Election and TTE Instructions (as applicable) in relation to the B Share Alternatives in the timetable set out below.
It is expected that, subject to completion of the Initial Cash Return, the admission of the Ordinary Shares to trading on AIM will be cancelled with effect from 7.00 a.m. on 19 January 2016 and, accordingly, trading in Ordinary Shares on AIM will cease at the close of business on 18 January 2016.
Shares marked 'ex' by the London Stock Exchange | 8.00 a.m. on 5 January 2016 |
Latest time for receipt of Forms of Election from certificated 1.00 p.m. on 6 January 2016 Shareholders and TTE Instructions from CREST holders in relation to the B Share Alternatives | 1.00 p.m. on 6 January 2016 |
Record Date for participation in the Initial Cash Return | 5.00 p.m. on 6 January 2016 |
B Shares issued to Shareholders | 7 January 2016 |
Option 1: B Share Dividend | |
B Share Dividend Date | 7 January 2016 |
Date upon which B Shares in respect of which the B Share 7 January 2016 Dividend is payable convert into Deferred Shares | 7 January 2016 |
Despatch of cheques or CREST accounts credited (as appropriate) by 15 January 2016 in respect of the B Share Dividend | by 15 January 2016 |
Redemption of Deferred Shares | 18 January 2016 |
Option 2: B Share Purchase Offer | |
B Share Purchase Date | 7 January 2016 |
Despatch of cheques or CREST accounts credited (as appropriate) by 15 January 2016 in respect of the B Shares purchased | by 15 January 2016 |
Latest time and date for dealings in Ordinary Shares prior to Delisting | 4.30 p.m. on 18 January 2016 |
Cancellation of admission to trading on AIM | 7.00 a.m. on 19 January 2016 |
Greenko Group plc | +44 (0)20 7920 3150 |
Keith Henry/Mahesh Kolli/Anil Chalamalasetty | |
Arden Partners plc | +44 (0)20 7614 5900 |
Jonathan Keeling/Steve Douglas/James Felix | |
Investec Bank plc | +44 (0)20 7597 4000 |
Jeremy Ellis/Nigel Robinson | |
Tavistock Communications | +44 (0)20 7920 3150 |
Matt Ridsdale/Mike Bartlett/Niall Walsh | |
Greenko Group plc issued this content on 2015-12-18 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2015-12-19 02:44:32 UTC
Original Document: http://www.greenkogroupplc.com/article.php?at=1&s=1&id=353&d=20151218
