8 Sep 2010 15:56
8 September 2010
REDSTONE PLC
("Redstone", "the Company" or "the Group")
Result of General Meeting and Notice of AGM
The Board of Redstone plc (AIM: RED.L), the integrated ICT and Communications Solutions provider, announces that all resolutions put to shareholders at the General Meeting held today were duly passed.
The Board now comprises:
| Ian Smith | Executive Chairman |
| Tony Weaver | Chief Executive Officer |
| Peter Hallett | Chief Financial Officer |
| David Payne | Non-Executive Director |
| Tim Sherwood | Non-Executive Director |
As previously announced, Stephen Yapp has resigned from the Board following the General Meeting.
Application has been made to the London Stock Exchange for 2,414,800,000 new ordinary shares of 0.1 pence each ("New Ordinary Shares") to be admitted to trading on AIM ("Admission"). It is expected that such Admission will occur on 9 September 2010.
The New Ordinary Shares will, when issued, rank pari passu in all respects with existing shares including the right to receive dividends and other distributions declared following Admission.
Following Admission, the issued ordinary share capital of the Company will consist of 2,560,572,810 ordinary shares of 0.1 pence each, with one voting right per share. There are no shares held in treasury.
The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Redstone under the FSA's Disclosure and Transparency Rules.
Furthermore, the Company announces that the Annual General Meeting of the Company will be held at the offices of finnCap Ltd, 4 Coleman Street, London EC2R 5TA, at 11 a.m. on 30 September 2010. The Notice of the Annual General Meeting, and a letter to those shareholders who have opted for website communications, have been sent to shareholders.
ENQUIRIES:
| Redstone plc | Tel. +44 (0)845 203 3903 |
| Peter Hallett, Chief Financial Officer |
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| FinnCap | Tel. +44 (0)20 7600 1658 |
| Geoff Nash, Charlotte Stranner |
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| Threadneedle Communications | Tel. +44 (0)20 7653 9850 |
| Caroline Evans-Jones, Josh Royston, Fiona Conroy |
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