AGM and EGM Results

1 Aug 2007 12:10

Cropper(James) PLC01 August 2007 Issued on behalf of James Cropper PLC by Citigate Dewe Rogerson, BirminghamDate: Wednesday, 1 August 2007 IMMEDIATE RELEASE James Cropper PLC ("Group" or "Company") Annual General Meeting ("AGM") and Extraordinary General Meeting ("EGM") Voting and Proxy Results At today's Annual General Meeting all resolutions put to the Meeting were dulypassed by shareholders of James Cropper PLC. Proxy voting results relating toResolutions are shown below in Table A. Shareholders also approved at an Extraordinary General Meeting held after theAGM a special resolution to approve the cancellation of the listing of theCompany's ordinary shares on the Official List of the UK Listing Authority andtrading of such shares on the London Stock Exchange's market for listedsecurities and to request the Directors of the Company to apply for admission ofthe Group's ordinary shares of 25 pence each to be traded on the AIM market ofthe London Stock Exchange. Proxy voting results are shown on Table B below. It is expected that the issued Ordinary Shares in the Group will be admitted totrading on AIM and that dealings will commence at or shortly after 8am on Friday31 August 2007. The listing of the issued Ordinary Shares on the Official Listwill be cancelled, and dealings on the London Stock Exchange's market for listedsecurities will cease, at the same time. James Cropper, Chairman, James Cropper PLC said:"The Board believes that AIM, which has proved to be a successful and robusttrading platform, is a more appropriate market for the Company's shares. "AIM also provides, in our opinion, a more flexible and cost-effectiveenvironment for a Company of our size and stage of development which will enablethe business to agree and execute transactions more quickly should anyacquisition or other development opportunities arise in the future. "We see ourselves as continuing to be attractive to specialist institutionalinvestors while the AIM tax regime will, we believe, also make us moreattractive to AIM specific funds as well as to retail investors." Table A Annual General Meeting and Extraordinary General Meeting 1 August 2007 Votingand Proxy Results Resolution For Against Total 1 1,678,803 0 1,678,8032 1,678,803 0 1,678,8033 1,677,303 500 1,677,8034 1,676,553 1,250 1,677,8035 1,542,758 130,045 1,672,8036 1,541,258 131,545 1,672,8037 1,674,879 2,924 1,677,8038 1,674,022 1,500 1,675,5229 1,673,522 1,500 1,675,02210 1,653,999 4,797 1,658,79611 1,667,293 8,210 1,675,50312 1,661,152 8,210 1,669,36213 1,671,679 7,124 1,678,803 Table B Extraordinary General Meeting Proxy Results were as follows: Resolution For Against Total Special Resolution 1,591,767 51,536 1,643,303 The Total number of Ordinary Shares in issue are 8,472,368. Enquiries:Alun Lewis, Chief Executive Fiona Tooley, DirectorJohn Denman, Group Finance Director Keith Gabriel, Senior Account Manager Ifor Williams, DirectorJames Cropper PLC Citigate Dewe Rogerson Brewin Dolphin Securities LimitedTelephone: 01539 722002 Telephone: 0121 455 8370 Telephone: 0121 236 7000www.cropper.com Details of the Proxy voting will also be posted on the Group's websitewww.cropper.com or by request from the Company Secretary. This information is provided by RNS The company news service from the London Stock Exchange