Result of EGM
March 31 2008 - 6:43AM
UK Regulatory
RNS Number:1405R
ID Data Group PLC
31 March 2008
31 March 2008
ID Data Group plc
("ID Data" or the "Company")
Result of General Meeting held at 9am on 31 March 2008
At today's General Meeting, the Ordinary Resolution to authorise the Company
(for the purposes of section 190 Companies Act 2006) to sell its entire holding
in credEcard Group Plc to Contis Group Limited for a consideration of
approximately �1.4 million to be satisified in cash and the issue of 31,250
fully paid ordinary shares of �1 each in Contis Group Limited, together with
repayment of the intercompany balances of approximately �0.8 million in cash,
was duly passed with over 99% of the votes cast in favour of the resolution.
For further information, please contact:
ID Data Group plc
Peter Cox, Chief Executive Tel: +44 (0)1730 235700
peter.cox@iddata.com
Smith & Williamson Corporate Finance Limited
Azhic Basirov / David Jones Tel: +44 (0)20 7131 4000
Media Enquiries
Abchurch
Chris Lane / Georgina Bonham Tel: +44 (0)20 7398 7700
georgina.bonham@abchurch-group.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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