23 Oct 2017 17:45
Cpl Resources plc ("Cpl" or the "Company")
Results of Annual General Meeting ("AGM")
and
Results of Extraordinary General Meeting ("EGM")
CPL announces the results of its AGM and EGM, each held earlier today at 6th Floor, 2 Grand Canal Square, Dublin 2, Ireland.
At the AGM, all resolutions proposed were duly approved by shareholders. The full text of the approved resolutions can be found in the Notice of AGM which was sent to shareholders on 28 September 2017.
The Company is further pleased to announce that at the EGM, shareholders also approved all resolutions proposed. The full text of the approved resolutions can be found in the Notice of EGM which was also sent to shareholders on 28 September 2017.
The Resolutions approved at the EGM were necessary in order to facilitate completion of the Tender Offer as described in the EGM Circular.
The timetable of principal events remaining in relation to the Tender Offer is shown below.
Expected Tender Offer Timetable | |
2017 | |
Latest time and date for receipt of Tender Forms and TTE instructions from CREST in relation to the Tender Offer | 11.00 a.m. on 25 October |
Record Date for Tender Offer | 6.00 p.m. on 25 October |
Announcement of results of the Tender Offer | by 8.00 a.m. on 26 October |
CREST accounts credited with Ordinary Shares in respect of unsuccessful tenders | by 31 October |
Cheques issued/CREST accounts credited for Tender Offer proceeds in respect of Ordinary Shares sold | by 9 November |
Share certificates issued for revised holdings of Ordinary Shares following the sale of Ordinary Shares under the Tender Offer | by 9 November |
Return of share certificates in respect of unsuccessful tenders | by 9 November |
Note: Each of the times and dates set out above is indicative only and may be adjusted by Cpl, in which event details of the new times and dates will be notified, by way of an announcement issued via a Regulatory Information Service, to the Irish Stock Exchange and to the London Stock Exchange.
Capitalised terms in this announcement have, unless otherwise stated, the same meaning as set out in the EGM Circular.
For Further Information:
Cpl Resources plc | +353 1 614 6000 |
Anne Heraty (CEO) | |
Mark Buckley (COO) | |
Davy Corporate Finance | +353 1 679 6363 |
Ivan Murphy | |
Daragh O'Reilly | |
FTI Consulting | +353 1 765 0888 |
Jonathan Neilan | |
Melanie Farrell |
If Shareholders are in any doubt as to the action they should take in relation to the Tender Offer, they are recommended to seek their own financial advice from an independent financial adviser being, if they are resident in Ireland, an organisation or firm authorised under the European Communities (Markets in Financial Instruments) Regulations 2007 (Nos. 1 to 3) or the Investment Intermediaries Act 1995 (as amended) or, if they are resident in the United Kingdom, an organisation or firm authorised pursuant to the Financial Services and Markets Act 2000 of the United Kingdom or, if they are not so resident, from another appropriately authorised independent financial adviser.
This Announcement does not constitute, or form part of, any offer for or invitation to sell or purchase any securities, or any solicitation of any offer for, securities in any jurisdiction. Any acceptance or other response to the Tender Offer should be made only on the basis of information contained in or referred to in the EGM Circular. The EGM Circular will contain important information, including the full terms and conditions of the Tender Offer, which shareholders are urged to read carefully.
The Tender Offer is not being made in or into, and is not capable of acceptance in or from, Australia, Canada Japan, the Republic of South Africa or the United States. Custodians, nominees and trustees should observe these restrictions and should not send or distribute documents in or into Australia, Canada, Japan, the Republic of South Africa or the United States.
CPS.L (CPS)