Last checked at 6 Aug 2010 10:39
6 August 2010 Corero PLC ("Corero" or "the Company") Results of General Meeting and CULS Meeting
Further to the announcement on 14 July 2010 in relation to the £6.5 million fundraising, the Disposal and the CULS reorganisation, the Directors are pleased to announce that at the General Meeting and CULS Meeting held earlier today, all resolutions were duly passed without amendment.
In addition, the condition relating to the Disposal, being the approval of the Resolution numbered 2 at the General Meeting has been satisfied. Accordingly, Mark Robertson has resigned from the Board with immediate effect. Words and expressions defined in the Company's circular to Shareholders dated 14 July 2010 have the same meaning in this announcement.
Application has been made for a total of 30,444,444 Ordinary Shares to be admitted to trading on AIM and it is expected that these shares will begin trading at 8.00 a.m. on 9 August 2010.
In addition, the cancellation of trading on AIM of the remaining CULS inrelation to which valid acceptances have not been received under the CULS Offerwill take effect and it is expected that cancellation will occur at 7.00 a.m.on 12 August 2010.Enquiries:Corero plc Peter Waller, Chairman Tel: 020 7457 2047 Merchant Securities Limited (Nominated Adviser and Broker) John East / Simon Clements Tel: 020 7628 2200 finnCap Limited (Placing Agent) Tom Jenkins / Sarah Wharry Tel: 0207 600 1658 College Hill Matthew Smallwood/Adrian Duffield Tel: 020 7457 2047
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