11 Oct 2019 14:06
TEX HOLDINGS plc
EXTRAORDINARY GENERAL MEETING - POLL RESULTS
Tex Holding plc announces the voting at its Extraordinary General Meeting (EGM) held earlier today, 11 October 2019, on the resolutions as set out in the EGM Notice of Meeting.
A poll was held on each of the Resolutions which were duly passed. Resolution 1 was an ordinary resolution and Resolution 2 was a special resolution.
The Company is pleased to announce that the loan facility from Edward le Bas Properties is expected to be drawn down by the Company by the end of the month.
As set out in the Circular dated 13 September 2019, it is expected that the transfer of the Company's listing category on the Official List from the Premium Listing to Standard Listing will take place on or after 12 November 2019 subject to the agreement by the FCA.
The result of the poll on each Resolution was as follows:
| VOTESFOR (No of Shares) | % | VOTESAGAINST (No of Shares) | % | VOTESTOTAL (No of Shares) | % | VOTESWITHHELD |
Resolution 1 To approve the transaction between Tex Holdings plc and Edward Le Bas Properties Limited
| 1,525,482 | 99.98 | 310 | 0.02 | 1,525,792 | 100.00 | 2,568,017 |
Resolution 2 To approve the proposed transfer of the Company's category of equity share listing on the Official List of the FCA and on the Main Market of the London Stock Exchange plc from a Premium Listing to a Standard Listing. | 4,088,399 | 99.99 | 210 | 0.01 | 4,088,609 | 100.00 | 5,200 |
Resolution 2 was also required to be approved by 50% of the shares that voted excluding Mr Burrows and his associates. The vote was passed by the requisite majority.
Issued Capital 6,351,452
For further information contact:
C.A. Parker
01473 830144