Last checked at 12 Feb 2007 15:12
CEPS PLC RESULT OF EXTRAORDINARY GENERAL MEETINGS
Further to the announcement made on 5 February 2007, the Board are pleased to announce that they have satisfied themselves that there will be no material adverse change to the trading of Sunline Direct Mail Limited ("Sunline") in connection with the change to general market terms upon which a delivery partner of Sunline proposes to undertake future business. Accordingly, the Board were confident to proceed with the adjourned Extraordinary General Meetings of Ordinary Shareholders and Warrantholders which were held earlier today. Shareholders and Warrantholders approved all resolutions.
Dealings in the new ordinary shares and the existing ordinary shares in their consolidated form and the warrants are expected to commence on 13 February 2007.
Richard Organ, Chairman, commented:
"The Board are delighted to have successfully concluded the acquisition of Sunline and established the CEPS's strategy of investing in cash generative and profitable businesses.
We are also pleased to confirm that Sunline has now become a Xerox Global Services UK Tier 1 supplier."
ISIN - ordinary shares GB00B1L5NM36
ISIN - warrants GB00B00L7Z65Contact Details:CEPS PLCPeter CookNon-executive DirectorTel: 01225 483030
City Financial Associates Limited
Ross AndrewsDirectorTel: 020 7090 7800
CEPS PLC