Last checked at 27 Jun 2011 15:48
27 June 2011
Bidtimes plc
("Bidtimes" or the "Company")
Result of General Meeting
Further to the announcement on 6 June 2011, Bidtimes is pleased to announce that at the General Meeting of the Company, held earlier today, all resolutions were duly passed. The resolutions proposed at the General Meeting included, amongst others, resolutions to approve the acquisition of PowerHouse Energy, Inc., a company specialising in emission-free conversion of waste materials into a synthetic gas, a capital reorganisation and a change of name to PowerHouse Energy Group plc (the "Resolutions").
Following approval of the Resolutions, the Company confirms that the current line of stock, with ISIN GB0007773046, will cease trading as of 6.00 p.m. on 28 June 2011 and the Enlarged Group, trading under the new name PowerHouse Energy Group plc and with a new line of stock (ISIN GB00B4WQVY43), following the capital reorganisation, will be admitted to trading on AIM on 29 June 2011.
ENQUIRIES:
Bidtimes plc Anthony Brennan, Executive Chairman (tony@deltacapital.com.au)
|
T: +44 (0) 753 513 8974 |
PowerHouse Energy Group plc Ross Lyndon-James, Executive Chairman
|
T: +44 (0) 207 887 1364 |
Merchant Securities Limited (Nomad/Broker) David Worlidge / Simon Clements
|
T: +44 (0) 20 7628 2200 |