Last checked at 1 Oct 2010 14:29
1 October 2010
Kiotech International plc
("Kiotech" or "the Company")
Results of General Meeting
Further to the announcement on 7 September 2010 and accompanying circular to shareholders ("the Circular") in relation to the proposed 1 for 23 share consolidation and adoption of new articles of association, the Directors are pleased to announce that at the General Meeting held earlier today, all resolutions were duly passed without amendment.
Consequently, application has been made for a total of 18,299,952 New Ordinary Shares to be admitted to trading on AIM and it is expected that these shares will begin trading on AIM at 8.00 a.m. on 4 October 2010.
Words and expressions defined in the Circular have the same meaning in this announcement.
As outlined in the Circular, the timetable to completion of the Share Consolidation is as follows:
| Latest time and date for dealings on AIM in Existing Ordinary Shares
| 4.30pm on 1 October 2010
|
| Record Date for Share Consolidation, closure of register of Existing Ordinary Shares and Existing Ordinary Shares disabled in CREST
| 5.00pm on 1 October 2010 |
| New Ordinary Shares admitted to trading on AIM. Dealings in New Ordinary Shares on AIM commence and New Ordinary Shares enabled in CREST. CREST accounts credited with New Ordinary Shares
| 8.00am on 4 October 2010 |
| Despatch of New Ordinary Share certificates | By 15 October 2010 |
For more information, please contact:
Kiotech International plc
Richard Edwards, Chief Executive Officer +44 (0)777 641 7129
Karen Prior, Group Finance Director +44 (0)1909 537380
FinnCap
Matthew Robinson / Henrik Persson - Corporate Finance
Stephen Norcross - Corporate Broking
+44 (0)20 7600 1658