Utilitywise Regulatory News (UTW)

Utilitywise plc

("Utilitywise" or the "Company")

Notice of General Meeting

Utilitywise, a leading independent utility cost management consultancy, announces that it has today posted to shareholders a notice (the "Notice") of a general meeting (the "GM") to be held at the Company's offices at Utilitywise House, 30-31 Long Row, Market Dock, South Shields, Tyne & Wear, NE33 1JA, on 12 December 2012 at 10:00 AM. A copy of the Notice is available on the Company's website, www.utilitywise.com.

On 6 November 2012, the Company posted to shareholders a notice of its annual general meeting (the "AGM") which unfortunately contained typographical errors in two resolutions resulting from clerical errors in the calculation of the aggregate nominal amounts over which it is proposed that directors of the Company be given the authority to allot ordinary shares in the capital of the Company. These two resolutions (being resolutions numbered 7 and 8) are proposed to be withdrawn from consideration at the AGM. Accordingly, the Notice sets out two replacement proposals to be considered by shareholders at the GM, as follows:

·; firstly, to authorise the directors of the Company to allot shares with a nominal value, in aggregate, of up to £20,400 (20,400,000 ordinary shares, representing approximately 33 per cent. of the current issued share capital of the Company); and

·; secondly, to allot shares on a non pre-emptive basis with a nominal value, in aggregate, of up to £3,091 (3,091,000 ordinary shares representing approximately 5 per cent. of the current issued share capital of the Company).

Further information in respect of the above is set out in the Notice. 

For further information: