Tavistock Regulatory News (TAVI)

24 Dec 2007 10:53

Bright Things plc24 December 2007 Bright Things plc24 December 2007 Bright Things Plc ("Bright Things" or the "Company") RESULT OF MEETING The board of Bright Things is pleased to announce that at the Company's General Meeting held today the resolution was duly passed. Completion of the placing of the 23,875,000 ordinary shares of 1 penny each ("the Placing Shares") and the acquisition of Commonworld Limited, pursuant to which the Company will issued 7,500,000 ordinary shares of 1 penny ("the Consideration Shares") upon completion, remain conditional upon the Placing Shares and the Consideration Shares being admitted to trading on the AIM Market. Application has been made for the Placing Shares and Consideration Shares to be admitted to trading on the AIM Market. Admission is expected to become effective and dealings on the AIM Market are expected to commence on 27 December 2007." Dominic Wheatley, Chief Executive of the Company, commented: "I am delighted that we have received the backing of our shareholders in proceeding with this initiative in social networking through our acquisition of CommonWorld. We will shortly be launching the first beta sites to test and refine the product and look forward to introducing it commercially later next year." For further information please contact: Bright Things PLC: Tel: 0870 351 7770 Dominic Wheatley, CEO Edward Levey, Finance Director HB Corporate Luke Cairns/ Rory Creedon Tel: +44 (0) 207 510 8600 Brunswick Group Giles Croot / Mark Antelme Tel: +44 (0) 207 404 5959 This information is provided by RNS The company news service from the London Stock Exchange