Last checked at 13 Dec 2010 13:10
13 December 2010
Digital Barriers plc("Digital Barriers" or the "Company")
Result of General Meeting
On 26 November 2010, Digital Barriers announced the proposed Placing of 18,750,000 New Ordinary Shares at 160 pence per share. The Placing was subject, inter alia, to approval by Shareholders of the Resolutions set out in the Notice of General Meeting.
The Company is pleased to announce that all of the Resolutions were passed at the General Meeting which took place earlier today.
Voting results
The ordinary resolution to approve the allotment of 18,750,000 new ordinary shares
FOR: 13,976,555 ordinary shares (99.93%) AGAINST: 7,000 ordinary shares (0.05%)
The special resolution to approve the disapplication of pre-emption rights
FOR: 13,975,555 ordinary shares (99.91%) AGAINST: 9,000 ordinary shares (0.06%)
The Placing remains conditional, inter alia, upon Admission. Admission is expected to become effective at 8.00 a.m. on 14 December 2010.
Terms defined in the circular dated 26 November 2010 have the same meaning in this announcement, save where the context otherwise requires.
Enquiries:
Digital Barriers PLC | Tel: 020 7940 4740 |
Tom Black, Executive Chairman | |
Colin Evans, Managing Director | |
Investec Investment Banking | Tel: 020 7597 5970 |
Andrew Pinder | |
Dominic Emery | |
Financial Dynamics | Tel: 020 7831 3113 |
Edward Bridges | |
Matt Dixon |