Result of AGM

7 Feb 2005 12:49

Dewhurst PLC7 February 2005 At the Company's Annual General Meeting held on Monday, 7th February 2005 at theCompany's Registered Office, the following resolution was passed by theshareholders: Limited Authority to Purchase Own Shares:---------------------------------------- It was proposed, as Special Business, by Mr R M Dewhurst and seconded by Mr J C Sinclair and Resolved that the Company be and is hereby generally and unconditionally authorised to make market purchases (within the meaning of Section 163(3) of the Companies Act 1985) of up to an aggregate of 357,070 Ordinary Shares and 628,120 'A' Non-Voting Ordinary Shares of 10p each (representing 10% of the issued share capital) in the Company at a price per share (exclusive of expenses) of not less than 10p and not more than 105% of the average of the middle market quotations for such Ordinary and 'A' Non-Voting Ordinary Shares, as derived from the Stock Exchange daily official list, for the ten dealing days immediately preceding the day of the purchase; such authority to expire at the conclusion of the Annual General Meeting to be held in 2006; save that the Company may purchase shares at a later date where such purchase is pursuant to any contract made by the Company before the expiry of this authority. This information is provided by RNS The company news service from the London Stock Exchange