Result of General Meeting and Notice of AGM

RNS Number : 3782S

Redstone PLC

08 September 2010

 

8 September 2010

REDSTONE PLC

("Redstone", "the Company" or "the Group")

 

Result of General Meeting and Notice of AGM

 

The Board of Redstone plc (AIM: RED.L), the integrated ICT and Communications Solutions provider, announces that all resolutions put to shareholders at the General Meeting held today were duly passed.

 

The Board now comprises:

 

Ian Smith	Executive Chairman
Tony Weaver	Chief Executive Officer
Peter Hallett	Chief Financial Officer
David Payne	Non-Executive Director
Tim Sherwood	Non-Executive Director

 

 

As previously announced, Stephen Yapp has resigned from the Board following the General Meeting.

 

Application has been made to the London Stock Exchange for 2,414,800,000 new ordinary shares of 0.1 pence each ("New Ordinary Shares") to be admitted to trading on AIM ("Admission"). It is expected that such Admission will occur on 9 September 2010.

The New Ordinary Shares will, when issued, rank pari passu in all respects with existing shares including the right to receive dividends and other distributions declared following Admission.

 

Following Admission, the issued ordinary share capital of the Company will consist of 2,560,572,810 ordinary shares of 0.1 pence each, with one voting right per share. There are no shares held in treasury.

 

The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Redstone under the FSA's Disclosure and Transparency Rules.

 

Furthermore, the Company announces that the Annual General Meeting of the Company will be held at the offices of finnCap Ltd, 4 Coleman Street, London EC2R 5TA, at 11 a.m. on 30 September 2010. The Notice of the Annual General Meeting, and a letter to those shareholders who have opted for website communications, have been sent to shareholders.

 

 

 

ENQUIRIES:

 

Redstone plc	Tel. +44 (0)845 203 3903
Peter Hallett, Chief Financial Officer
FinnCap	Tel. +44 (0)20 7600 1658
Geoff Nash, Charlotte Stranner
Threadneedle Communications	Tel. +44 (0)20 7653 9850
Caroline Evans-Jones, Josh Royston, Fiona Conroy

 

This information is provided by RNS

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