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7 Jun 2012 15:06
7 June 2012
bwin.party digital entertainment plc
(the 'Company')
Extraordinary General Meeting ("EGM") Poll Result
At the Company's EGM held in Gibraltar today, the following special resolution set out in the Company's circular and notice of EGM dated 3 May 2012, was passed on a poll by shareholders.
The full result of the poll vote was as follows:
Special Resolution | Total | For | Against | Abstain | ||
Number | Votes Cast | Number | % of shares voted | Number | % of shares voted | Number |
To approve a reduction in the Company's share premium account | 527,427,669 | 527,414,776 | 99.99 | 12,893 | 0.01 | 33,872 |
Note: 816,877,565 ordinary shares of 0.015 pence per share in issue as at 7 June 2012, of which 6,031,576 shares are held in the bwin.party Shares Trust (the 'Trust') and the trustee of the Trust has waived all voting rights in respect of these shares. Therefore the total number of shares with voting rights was 810,845,989 as at 7 June 2012.
Completion of this process is conditional upon the confirmation of the Supreme Court of Gibraltar and it is anticipated the reduction in the Company's share premium account will become effective on 16 July 2012. The reduction in the share premium account is a legal and accounting adjustment and will not of itself have any direct impact on the market value of bwin.party shares.
The Company will submit a copy of the special resolution to the Financial Services Authority and it will shortly be available for inspection at www.hemscott.com/nsm.do
Enquiries:
Robert Hoskin, Company Secretary +350 200 78700
bwin.party digital entertainment plc
Contacts:
bwin.party digital entertainment plc
Investors
Peter Reynolds +44 (0) 20 7337 0177
Media
John Shepherd +44 (0) 20 7337 0141
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