UNITECH CORPORATE PARKS PLC
(the 'Company')
Result of AGM
The Board of Unitech Corporate Parks Plc is pleased to announce that at the Annual General Meeting held earlier today, all resolutions were duly passed. A summary of the votes cast in respect of each of the resolutions proposed is as follows:
Votes in favour* | Votes Against | Votes Withheld** | % of issued shares voting*** | ||||
No. | % | No. | % | No. | % | % | |
Ordinary Resolutions | |||||||
1. To receive and adopt the Company's annual accounts for the financial year ended 31 March 2015 together with the Directors' report and Auditors' report on those accounts. | 182,044,291 | 99.997 | 5,000 | 0.003 | 0 | 0 | 50.57 |
2. To re-appoint KPMG Audit LLC as auditors and to authorised the Directors to determine the auditors' remuneration. | 182,044,291 | 99.997 | 5,000 | 0.003 | 0 | 0 | 50.57 |
3. To re-elect Donald Lake as a Director. | 182,044,291 | 99.997 | 5,000 | 0.003 | 0 | 0 | 50.57 |
4. To re-elect Nicholas Sallnow-Smith as a Director. | 182,044,291 | 99.997 | 5,000 | 0.003 | 0 | 0 | 50.57 |
5. To re-elect John Sleeman as a Director. | 182,044,291 | 99.997 | 5,000 | 0.003 | 0 | 0 | 50.57 |
6. To re-elect Mohammad Khan as a Director. | 182,044,291 | 99.997 | 5,000 | 0.003 | 0 | 0 | 50.57 |
Special Resolution | |||||||
7. That the name of the Company be changed to UCP plc. | 182,044,291 | 99.997 | 5,000 | 0.003 | 0 | 0 | 50.57 |
* The 'in favour' and 'abstaining' votes, where appropriate, include those votes giving the Chairman discretion.
** The 'withheld' votes are not counted towards the votes cast.
*** Total number of shares in issue amounted to 360,000,000.
Change of Name
Today shareholders have approved the change of name to UCP plc. This is expected to take effect from 16 November 2015 following registration with the Isle of Man Registry. The ticker for the ordinary shares will remain as UCP.
Share Suspension
As previously announced, since it has been 12 months from the date of completion of the sale of Candor, the Company's shares were suspended from trading on AIM on 5 November 2015. The Company's administrator, FIM Capital Limited ('FIM'), has agreed to provide a service to assist in providing liquidity for shareholders through matched bargains. FIM Capital is regulated by the Isle of Man Financial Services Authority and the UK Financial Conduct Authority. Any shareholder interested in trading in the Company's shares should contact FIM at the number below and lodge an expression of interest. FIM will thereafter introduce buyers and sellers to each other as appropriate, with trades to be effected off-market.
For further information please contact:
Westhouse Securities Limited | Tel: +44 (0)20 7601 6118 |
Alastair Moreton | |
Rose Ramsden | |
FIM Capital Limited | Tel: +44 (0)1624 681250 |
Philip Scales | |
Graham Smith |
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