Last checked at 26 Apr 2013 12:07
News release
26 April 2013
Breedon Aggregates Limited
("Breedon Aggregates" or the "Group")
Result of Extraordinary General Meeting
The Company is pleased to announce that both of the resolutions set out in the notice of Extraordinary General Meeting included in the circular issued by the Company on 10 April 2013 relating to the placing of 290,476,190 new ordinary shares of no par value ("Ordinary Shares") were duly passed at the Extraordinary General Meeting which was held today at 11.00 am.
The new Ordinary Shares will rank pari passu with the existing Ordinary Shares and application has been made for the new Ordinary Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective and dealings in the new Ordinary Shares will commence at 8.00 a.m. on 29 April 2013.
Following the admission of the 290,476,190 new Ordinary Shares, there will be 940,747,104 Ordinary Shares in issue. This number may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company.
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For further information:
Breedon Aggregates Limited 01332 694010
Peter Tom CBE, Executive Chairman
Simon Vivian, Group Chief Executive
Ian Peters, Group Finance Director
Stephen Jacobs, Head of Communications 07831 764592
Cenkos Securities 020 7397 8900
Max Hartley, Nicholas Wells
More about Breedon Aggregates
Breedon Aggregates Limited is the largest independent aggregates group in the UK. Following the recently announced acquisitions from Aggregate Industries and Marshalls (subject to completion), it will operate 37 quarries, 22 asphalt plants, 48 concrete (including mortar) plants and two concrete block plants in England, Scotland and Wales and will employ approximately 1,000 people. The group will have approximately 400 million tonnes of mineral reserves and resources in the UK. Breedon Aggregates' strategy is to continue growing through consolidation of the UK heavyside building materials sector.