27 Aug 2010 13:09
The 600 Group PLC
("600 Group" or "the Company")
Result of General Meeting
Further to the passing of the resolutions announced earlier today, the proxy votes lodged in respect of the Resolutions are as follows:
| Resolution | For | % | Against | % | Withheld | |
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| 1. | Approve the Loan as a Related Party Transaction | 13,748,890 | 98.61 | 194,088 | 1.39 | 16,126,868 |
| 2. | Approve the Warrants as a Related Party Transaction | 13,745,790 | 98.59 | 196,388 | 1.41 | 16,127,668 |
| 3. | Approve the Rule 9 waiver | 13,745,790 | 98.60 | 194,988 | 1.40 | 16,129,068 |
| 4. | Approve the Capital Reorganisation | 29,869,201 | 99.35 | 194,388 | 0.65 | 6,257 |
| 5. | Authorise the allotment of relevant securities | 29,877,690 | 99.42 | 173,594 | 0.58 | 18,562 |
| 6. | Dis-apply pre-emption rights in connection with the issue of the warrants | 29,860,116 | 99.34 | 198,406 | 0.66 | 11,324 |
| 7. | Approve amendments to the Articles in respect of the above | 29,882,990 | 99.39 | 182,555 | 0.61 | 4,301 |
Notes
1. Any proxy appointments which gave discretion to the Chairman have been included in the 'for' total.
2. A 'vote withheld' is not a vote in law and is not counted in the calculation of the proportion of the votes 'for' and 'against' a resolution.
3. The issued share capital as at 27 August 2010 is 57,233,679 Ordinary Shares. The total number of voting rights in the Company is therefore 57,233,679.
4. All percentages are shown to two decimal places.
600 Group has forwarded two copies of the Resolutions passed at the General Meeting to the Document Viewing Facility of the UK Listing Authority, where they will shortly be available for viewing at the following address:
Document Viewing Facility
UK Listing Authority
25 The North Colonnade
Canary Wharf
London
E14 5HS
Tel: 0207 066 1000
This announcement should be read in conjunction with the full text of the Circular. A copy of the Circular is available for inspection at the UK Listing Authority's Document Viewing Facility, which is situated at: The Financial Services Authority, 25 The North Colonnade, Canary Wharf, London E14 5HS. In addition, copies of the Circular are available for inspection at the head office of the Company at Union Street, Heckmondwike, West Yorkshire WF16 0HL.
Capitalised terms used, but not defined in this announcement have the same meanings as given to them in the Circular.
At the date of this announcement, the members of the Haddeo Concert Party are between them interested in 16,750,668 Ordinary Shares, representing approximately 29.27% of the Company's issued share capital. Assuming exercise in full by members of the Haddeo Concert Party of the Warrants issued as part of the Fundraising (and assuming that no other person converts any convertible securities or exercises any other right to subscribe for shares in the Company), the members of the Haddeo Concert Party would between them be interested in 23,145,868 Ordinary Shares, representing approximately 36.38% of the Company's enlarged issued voting capital. The earliest date on which the Warrants can be exercised is 27 August 2010.
For further information, please contact:
| 600 Group plc | |
| Martyn Wakeman, Group Finance Director | Tel: +44 (0)1924 415 000 |
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| www.600group.com
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| Evolution Securities Limited | Tel: +44 (0)113 243 1619 |
| Joanne Lake / Casper Kaars | www.evosecurities.com
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| Rawlings Financial PR Limited | Tel +44 (0) 165 361 8016 |
| Catriona Valentine / Keeley Clarke |
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Neither the content of 600 Group's website (or any other website) nor the content of any website accessible from hyperlinks on 600 Group's website (or any other website) is incorporated into, or forms part of, this Announcement.