29 Aug 2019 11:23
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29 August 2019
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TLA Worldwide plc
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("TLA" or the "Company", together with its subsidiaries, the "Group")
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Result of General Meeting
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TLA Worldwide plc (AIM: TLA) announces that the resolutions proposed at its General Meeting held earlier today to approve the proposed sale of TLA Worldwide (Aust) Pty Ltd, TLA Merchandise Pty Ltd and TLA-ESP Limited (the "Australian Businesses"), to QMS Sport Holdings Limited and change the Company's name to Hawkwing plc (the "Resolutions") were duly passed.
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The Group is pleased to confirm that following the passing of the Resolutions, the sale of the Australian Businesses is expected to complete on or before 5 September 2019 and the Group will update the market accordingly. The Company will also update investors once the name change becomes effective.
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Further details of the Disposal are set out in the circular to shareholders dated 13 August 2019.
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The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.
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Enquiries:
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TLA Worldwide plc | |
Keith Sadler, Interim Non-Executive Chairman | +44 20 7618 9100 |
Beaumont Cornish Limited (Nomad and Broker) | |
Roland Cornish, James Biddle | +44 20 7628 3396 |
Luther Pendragon | |
Harry Chathli, Alexis Gore | +44 20 7618 9100 |
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