7 Aug 2018 13:17
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN, INTO OR FROM THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.
7 August 2018
HSS Hire Group plc ("HSS" or the "Company")
Result of General Meetings
The Company is pleased to announce that at the General Meeting held today at 11:00 a.m. the ordinary resolution to approve the conditional agreement with Nationwide Platforms Limited, a wholly-owned subsidiary of the Loxam Group, with respect to the sale of UK Platforms Limited for a total Enterprise Value of £60.5 million, was duly passed on a poll. The results of the poll are as follows:
Ordinary resolution | Votesfor | % Votes for 1 | Votesagainst | % Votes against 1 | Total votes validly cast | % of Issued share capital voted 1,2,3 | Votes withheld 2 |
Resolution: The Disposal be and is hereby approved | 132,561,676 | 100.00 | 4,249 | 0.00 | 132,565,925 | 77.89 | 1,998 |
In addition, at the separate General Meeting held today at 11:30 a.m. the ordinary resolution to approve the proposed amendments to the Company's Long Term Incentive Plan and consequential amendments to the Company's other share plans, was also duly passed on a poll. The results of the poll are as follows:
Ordinary resolution | Votesfor | % Votes for 1 | Votesagainst | % Votes against 1 | Total votes validly cast | % of Issued share capital voted 1,2,3 | Votes withheld 2 |
Resolution: The Share Plans and related awards be and are hereby approved | 132,513,743 | 99.98 | 24,951 | 0.02 | 132,538,694 | 77.87 | 5,736 |
Notes:
1. The percentages above are rounded to two decimal places.
2. A "vote withheld" is not a vote in law and is not counted in the calculation of the proportion of votes "for" or "against" a resolution.
3. The number of ordinary shares in issue on 7 August 2018 was 170,207,142. Shareholders are entitled to one vote per share.
For further information please contact:
HSS Hire Group plc | Tel: 020 3757 9248 |
Steve Ashmore, CEO | Email: Investors@hss.com |
Paul Quested, Chief Financial Officer | |
Jonathan Edwards, Investor Relations Manager | |
Numis Securities (Sponsor and Financial Adviser) | Tel: 020 7260 1000 |
Stuart Skinner | |
Stuart Ord | |
Freddie Naylor-Leyland | |
Teneo Blue Rubicon (Public Relations Adviser) | Tel: 020 3757 9248 |
Robert Morgan | |
Shona Buchanan |
Hss Hire (HSS)