ARGV Argentvive

RNS Number:3507F
Argentvive PLC
08 October 2007


8 October 2007


                                ArgentVive plc
                         ("ArgentVive" or the "Company")

                  Results of Extraordinary General Meeting
  Expected completion of acquisition of AuctionAssist Limited ("AuctionAssist")

ArgentVive announces that at the Extraordinary General Meeting of the Company
held today, the resolution set out in the circular sent to shareholders on 20
September 2007 (the "Circular") was duly passed without amendment.


The proposed acquisition of AuctionAssist can now proceed and is expected to
complete later today.  The terms of the acquisition will be as set out in the
Circular.

Accordingly, application will be made for 4,400,000 new ArgentVive ordinary
shares, ranking pari passu with the existing ordinary shares, which are expected
to be admitted to trading on AIM on 12 October 2007.

Upon Admission the number of shares in issue will be 26,400,000.

As a result of the issue of shares to Mr. Charles Denton he will hold 15,540,503
ordinary shares in the Company representing 58.87% of the Company's issued share
capital.


Enquiries:


ArgentVive plc                                      Tel:  01932 569 912
Kevin Fleming

Charles Stanley Securities                          Tel:  020 7149 6000
Nominated Adviser
Russell Cook
Carl Holmes

IAF Securities                                     Tel:  020 7747 7400
Gary Pinkerton

College Hill                                       Tel:  020 7457 2020
Mark Garraway





                      This information is provided by RNS
            The company news service from the London Stock Exchange
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