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48.50    0.00 (0.00%)
Bid:
48.00
Ask:
49.00
Spread: 1.00 (2.083%)
Market Cap: £7.38m
TRT Live PriceLast checked at - London Stock Exchange

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Result of EGM

16 Nov 2007 15:51

Transense Technologies PLC16 November 2007 Transense Technologies plc ("Transense" or the "Company") Results of the General Meeting held on 16 November 2007 Further to the Company's announcement on 15 November 2007, the Company reportsthat the motion to adjourn the meeting proposed by the Board was not carried andas a consequence, the resolution to, inter alia, approve the acquisition ofBishop Technology Group Limited (the "Resolution") was proposed to the GeneralMeeting and voted on. The Company reports that the Resolution was voted down ona poll. The results of the poll were 13,897,095 Ordinary Shares in favour of theResolution and 18,432,290 Ordinary Shares against. As a consequence, the Bishoptransaction and related placing will not proceed. In order to allow the Company to assess the impact of this situation on itsposition, the Company has requested a temporary suspension of trading in itsshares and will make a further announcement in due course. Enquiries: Transense Technologies Plc 01869 238 380 Jim Perry / Peter Woods Noble & Company Limited 020 7763 2200 John Llewellyn-Lloyd / Graeme Bayley This information is provided by RNS The company news service from the London Stock Exchange
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