16 Aug 2012 14:20
AIM: UNG
Universe Group PLC
("Universe" or the "Company")
Result of Extraordinary General Meeting
Universe, which develops and supplies leading payment and on-line loyalty systems, is pleased to announce that all of the resolutions proposed at today's Extraordinary General Meeting relating to the Placing and Share Capital Reorganisation, announced on 24 July 2012, were passed.
Application has been made for the 72,826,087 Placing Shares to be admitted to trading on AIM and it is expected that Admission will occur on 17 August 2012. In addition, the 114,704,539 New Ordinary Shares resulting from the split of the Existing Ordinary Shares into one New Ordinary Share and one Deferred Share are expected to be admitted to trading at the same time.
The proxy votes cast before the Extraordinary General Meeting were as follows:
Resolution | For | Chairman's discretion | Against | Withheld | |||
Number | % | Number | % | Number | % | Number | |
1 | 55,462,982 | 99.83 | 15,920 | 0.03 | 75,797 | 0.14 | 2,150 |
2 | 55,454,109 | 99.82 | 15,792 | 0.03 | 82,688 | 0.15 | 4,260 |
3 | 55,463,794 | 99.84 | 15,998 | 0.03 | 74,453 | 0.13 | 2,604 |
4 | 55,456,616 | 99.83 | 15,854 | 0.03 | 79,341 | 0.14 | 5,038 |
5 | 55,482,427 | 99.87 | 15,854 | 0.03 | 52,810 | 0.10 | 5,758 |
The total number of New Ordinary Shares in issue following Admission will be 187,530,626 with each New Ordinary Share carrying the right to one vote. This figure may be used by shareholders as the denominator for the calculations by which they determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure and Transparency Rules.
Unless otherwise stated terms and expressions used in this announcement have the same meaning as those in the circular posted to shareholders on 24 July 2012
Enquiries:
Universe Group plc | T: 02380 689510 | |
Robert Goddard, Chairman | ||
Stephen McLeod, Chief Executive | ||
finnCap Limited | T: 020 7220 0500 | |
Stuart Andrews / Henrik Persson | ||
Simon Starr | ||
Biddicks | T: 020 3178 6378 | |
Katie Tzouliadis | ||
Sophie McNulty |