10 Feb 2009 13:19
10 February 2009
Crawshaw Group plc
Announcement of results of General Meeting
Crawshaw Group plc (the "Company") announces that all resolutions put to the Company's shareholders at the General Meeting held earlier today were duly passed.
Full details of the resolutions are set out in the notice of General Meeting contained in the circular of the Company dated 22 January 2009.
Admission of the enlarged issued ordinary share capital of the Company to trading on AIM and commencement of dealings are expected to take place on 11 February 2009.
Pursuant to AIM Rule 17, the following information relates to directors of the Company who took part in the conversion of £1m of loan notes into ordinary shares in the Company at 17 pence per ordinary share.
| Pre loan note conversion | Post loan note conversion | |||||
| Shares | £ | % | Shares | £ | % | |
| Richard Rose | 6,041,547 | 1,027,063 | 12.9% | 6,041,547 | 1,027,063 | 11.5% |
| Electro Switch1 | - | - | 0.0% | 1,470,588 | 250,000 | 2.8% |
| Lennard Harvey Rose Settlement2 | 158,000 | 26,860 | 0.3% | 158,000 | 26,860 | 0.3% |
| Colin Crawshaw | 5,383,358 | 915,171 | 11.5% | 6,265,711 | 1,065,171 | 11.9% |
| Kevin Boyd | 1,845,723 | 313,773 | 4.0% | 3,316,311 | 563,773 | 6.3% |
1 Electro Switch is a company controlled by Richard Rose
2 Richard Rose is the sole trustee of the Lennard Harvey Rose Settlement, the sole beneficiary of which is Jessica Rose, the daughter of Richard Rose
This announcement does not form part of any offer of securities, or constitute a solicitation of any offer to purchase or subscribe for securities in any jurisdiction.
For further information contact:
Crawshaw Group plc 07836 250474
Richard Rose
Investec Investment Banking 020 7597 5970
Martin Smith
Duncan Williamson