20 May 2015 12:00
20 May 2015
The board of Zoopla Property Group Plc (the "Company") announces the results of the poll taken on the resolution at the General Meeting of the Company, held earlier today. The resolution to approve the acquisition by the Company of the entire issued share capital of Ulysses Enterprises Limited was approved by a majority of votes, equalling 100% of votes cast.
Please note that completion of the acquisition remains subject to approval from the Financial Conduct Authority of the change of control of the relevant target members of the target group. Full details of the poll result are set out below and will also be available on the Company's corporate website: www.zpg.co.uk.
RESOLUTION | Votes For (i) | % For | Votes Against | % Against | Total Shares Voted | % Of Issued Share Capital Voted (ii) | Votes Withheld (iii) | |
1 | To approve the acquisition by the Company of the entire issued share capital of Ulysses Enterprises Limited. |
313,913,883
|
100.00
|
0
|
0.00
|
313,913,883
|
75.08
|
859,667
|
Notes:
(i) Votes 'For' include those votes giving the Chairman discretion.
(ii) At 18 May 2015 there were 418,116,472 shares in issue with the right to vote.
(iii) The votes 'Withheld' are not counted towards the votes cast 'For' or 'Against' at the General Meeting.
Full details of the resolution were set out in the Notice of General Meeting, dated 30 April 2015.
The resolution was an ordinary resolution, requiring a majority of votes cast in favour for the resolution to be passed.
Copies of the resolution passed have been submitted to the National Storage Mechanism and will soon be available for inspection at [www.hemscott.com/nsm.do].