Adjournment of EGM

7 Feb 2007 14:10

Impax Group PLC07 February 2007 Impax Group plc - Adjournment of EGM A special resolution to authorise Impax Group plc (the "Company") to increasethe number of Ordinary Shares in respect of which awards may be made under theImpax Group Employee Benefit Trust 2005 to 24,250,000 Ordinary Shares, was to beproposed at an Extraordinary General Meeting on 9 February 2007 (the "EGM").However, following further discussions with shareholders of the Company, theBoard has concluded that it should design and put forward new long-termincentive arrangements rather than seek approval for a variation of the existingarrangements. Accordingly, the directors intend to seek an adjournment of the EGM to a date tobe fixed in due course. For further information, please contact: Keith Falconer, Chairman. Tel 07747 066637 Ian Simm, Chief Executive. Tel 020 7434 1122 This information is provided by RNS The company news service from the London Stock Exchange