NNN.L Regulatory News (NNN)

22 Aug 2006 15:35

9999 plc22 August 2006 9999 plc (the "Company") is pleased to announce that at its ExtraordinaryGeneral Meeting, held at 11.00 a.m. on 21 August 2006, the resolution put toshareholders, to wind up the Company and return funds to Shareholders was notpassed and that the following resolutions were duly passed; • to approve the waiver by the Panel of any obligation which would arise under Rule 9 of the City Code as a result of the Subscription by Mr Holt on the terms of the Subscription Agreement, which will result in Mr Holt owning 52.63 per cent. of the enlarged issued Ordinary Share capital of the Company following the Subscription and accordingly, that Mr Holt would not be required to make an offer for the balance of the enlarged share capital of the Company following the Subscription; • to disapply the pre-emption rights provisions of section 89 of the Act in respect of the allotment of Ordinary Shares pursuant to the Subscription or otherwise having an aggregate nominal value of up to £500,000 (being up to 200,000,000 Ordinary Shares); and • to approve the grant to Dr Kalairajah and Mr Page of options over 4,000,000 and 1,000,000 Ordinary Shares respectively. For more information please contact: Declan Page, Director 9999 plc - 020 8853 2220 This information is provided by RNS The company news service from the London Stock Exchange