10 Jul 2018 11:06
FOR IMMEDIATE RELEASE:
10 JULY 2018
THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION, OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, THE REPUBLIC OF IRELAND, SOUTH AFRICA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.
THE INFORMATION COMMUNICATED IN THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION EU NO. 596/2014 ("MAR").
PROGILITY PLC
("Progility" or "the Company" or "the Group")
RESULT OF GENERAL MEETING
CANCELLATION OF ADMISSION TO TRADING ON AIM
Progility plc (AIM: PGY) announces that, at the General Meeting held today, all the Resolutions, including the Resolution to approve the cancellation of trading of the Company's Ordinary Shares on AIM, were duly passed. Resolutions 1 and 2 were passed on a show of hands, Resolution 3 was passed on a poll, the result of which is set out below:
Resolution 3 | Votes for | % | Votes against | % | Votes total | % of issued share capital | Votes withheld |
To approve cancellation of Admission to trading of the Company's Ordinary Shares on AIM.
| 1,294,920 | 98.23 | 23,347 | 1.77 | 1,318,267 | 82.53 | 0 |
As a result, trading in the Company's Ordinary Shares on AIM will cease at the close of business on Friday 20 July 2018, with cancellation of such trading taking effect from 7.00 a.m. on Monday 23 July 2018.
The Purchase Facility, full details of which are set out in the circular to Shareholders dated 22 June 2018, will remain available to Minority Shareholders until the closing of the Sale Period at 1.00 p.m. on 3 August 2018.
Timetable of principal events
|
|
| 2018 |
Last day for dealings in Shares on AIM | 20 July |
Cancellation of trading of Shares on AIM | 7.00 a.m. on 23 July |
Sale Period closes | 1.00 p.m. on 3 August |
Record Time | 6.00 p.m. on 3 August |
Announcement of take up of the Purchase Facility | on or about 6 August |
Cheques despatched and payment through CREST for the Purchase Facility | by 13 August 2018 |
Documents
The circular to Shareholders dated 22 June 2018, which gives details of the Purchase Facility (including the Terms and Conditions), is available on the Company's website: www.progility.com. Terms in this announcement have the same meaning as in the circular.
Further announcements will be made as appropriate.
For further information, please contact:
Progility plc
Wayne Bos
Executive Chairman
020 7371 4444
www.progility.com
SPARK Advisory Partners Limited (Nominated Adviser)
Mark Brady
020 3368 3551
W H Ireland Limited
(Broker)
Adrian Hadden
020 7220 1666