Greenko Group plc Result of AGM and EGM (6038J)

TIDMGKO

RNS Number : 6038J

Greenko Group plc

18 December 2015

Greenko Group plc

("Greenko" or the "Company")

Result of Annual General Meeting and Extraordinary General Meeting

Greenko announces the result of the Company's annual general meeting ("AGM") and extraordinary general meeting ("EGM") held today at 12.00 noon and 12.30 p.m. respectively.

Terms used and not defined in this announcement bear the meaning given to them in the circular to shareholders dated 24 November 2015 ("Circular").

AGM

All resolutions set out in the notice of the AGM incorporated in the Circular were passed, save for resolution 6, the disapplication of pre-emption rights for up to 10 per cent. of the existing issued share capital of the Company.

This will have no impact on the Company's ability to implement the Initial Cash Return.

EGM

All resolutions set out in the notice of the EGM incorporated in the Circular were duly passed and the Company will proceed with the implementation of the Initial Cash Return as described, and subject to the terms and conditions set out, in the Circular and, subject to completion of the Initial Cash Return, the Delisting, in each case as per the timetable set out below.

Shareholders should note the latest time for receipt of Forms of Election and TTE Instructions (as applicable) in relation to the B Share Alternatives in the timetable set out below.

It is expected that, subject to completion of the Initial Cash Return, the admission of the Ordinary Shares to trading on AIM will be cancelled with effect from 7.00 a.m. on 19 January 2016 and, accordingly, trading in Ordinary Shares on AIM will cease at the close of business on 18 January 2016.

Expected Timetable of Events

 
 Shares marked 'ex' by the London Stock        8.00 a.m. on 5 January 
  Exchange                                                       2016 
 Latest time for receipt of Forms of           1.00 p.m. on 6 January 
  Election from certificated 1.00 p.m.                           2016 
  on 6 January 2016 
  Shareholders and TTE Instructions 
  from CREST holders in relation to 
  the B Share Alternatives 
 Record Date for participation in the          5.00 p.m. on 6 January 
  Initial Cash Return                                            2016 
 B Shares issued to Shareholders                       7 January 2016 
 
 Option 1: B Share Dividend 
 B Share Dividend Date                                 7 January 2016 
 Date upon which B Shares in respect                   7 January 2016 
  of which the B Share 7 January 2016 
  Dividend is payable convert into Deferred 
  Shares 
 Despatch of cheques or CREST accounts             by 15 January 2016 
  credited (as appropriate) by 15 January 
  2016 in respect of the B Share Dividend 
 Redemption of Deferred Shares                        18 January 2016 
 
 Option 2: B Share Purchase Offer 
 B Share Purchase Date                                 7 January 2016 
 Despatch of cheques or CREST accounts             by 15 January 2016 
  credited (as appropriate) by 15 January 
  2016 in respect of the B Shares purchased 
 Latest time and date for dealings            4.30 p.m. on 18 January 
  in Ordinary Shares prior to Delisting                          2016 
 Cancellation of admission to trading         7.00 a.m. on 19 January 
  on AIM                                                         2016

Enquiries:

 
 Greenko Group plc                               +44 (0)20 7920 3150 
 Keith Henry/Mahesh Kolli/Anil Chalamalasetty 
 
 
   Arden Partners plc                              +44 (0)20 7614 5900 
 Jonathan Keeling/Steve Douglas/James 
  Felix 
 
 
   Investec Bank plc                               +44 (0)20 7597 4000 
 Jeremy Ellis/Nigel Robinson 
 
 
   Tavistock Communications                        +44 (0)20 7920 3150 
 Matt Ridsdale/Mike Bartlett/Niall Walsh

This information is provided by RNS

The company news service from the London Stock Exchange

END

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