TIDMJPR

RNS Number : 8337W

Johnston Press PLC

12 November 2014

12 November 2014

Johnston Press PLC

RESULT OF GENERAL MEETING

A General Meeting of Johnston Press PLC (the "Company") was held at 9.00 a.m. on 12 November 2014 at the offices of Ashurst LLP, Broadwalk House, 5 Appold Street, London EC2A 2HA. The special resolution providing the requisite approvals and authorities from the shareholders of the Company in relation to the share capital reorganisation (the "Resolution"), as set out in the notice of general meeting contained in the circular sent to shareholders on 24 October 2014 (the "Circular"), was duly passed on a poll.

The table below illustrates the votes received for and against the Resolution, representing a total of 68.04 per cent. of the 5,294,994,450 voting shares in issue as at the date of the meeting (being Existing Ordinary Shares, Preference Shares and A Preference Shares):

 
                             FOR                     AGAINST                     TOTAL                 Votes 
                                                                                                     withheld(4) 
---------------  ---------------------------  ---------------------  ----------------------------  ------------- 
                  No. of          % of votes   No. of    % of votes   No. of          % of issued 
                   votes           cast         votes     cast         votes           share 
                   cast(2)                      cast                   cast            capital(3) 
---------------  --------------  -----------  --------  -----------  --------------  ------------  ------------- 
 Resolution(1)    3,601,979,600   99.98%       540,464   0.02%        3,602,520,064   68.04%        92,526 
---------------  --------------  -----------  --------  -----------  --------------  ------------  -------------

(1) The Resolution was a special resolution comprising the Sub-Division, Consolidation, Articles Amendment and Share Scheme Amendment.

(2) Any proxy appointments which gave discretion to the Chairman have been included in the "For" total.

3 The total number of voting shares in issue is 5,294,994,450 (which consists of 5,293,888,850 Existing Ordinary Shares, 756,000 Preference Shares and 349,600 A Preference Shares).

(4) A "vote withheld" is not a vote in law and is therefore not counted towards the proportion of votes "For" and "Against" the Resolution.

The voting figures will be displayed shortly on the Company's website at www.johnstonpress.co.uk. Also, the Company's new Articles of Association, adopted pursuant to the special resolution passed at the General Meeting, will shortly be published on the Company's website outlined above.

A copy of the Resolution has been submitted to the National Storage Mechanism in accordance with rule 9.6.2 of the Listing Rules and will be available for inspection at http://www.morningstar.co.uk/uk/nsm.

The Circular published by the Company on 24 October 2014 is also available for inspection at the offices of Ashurst LLP, Broadwalk House, 5 Appold Street, London EC2A 2HA.

As a result of approval of the Share Capital Reorganisation, a request for an amendment to the Official List has been made to the UK Listing Authority for the New Ordinary Shares (created as a result of the Sub-Division and Consolidation) to be admitted to the premium listing segment of the Official List and to be admitted to trading on the main market for listed securities on the London Stock Exchange. It is expected that admission of the 105,877,777 New Ordinary Shares will occur and dealings will commence at or around 8.00 a.m. on 13 November 2014.

The Company also made a request for an amendment to the Official List in relation to its two existing block listing programmes. Before the Share Capital Reorganisation the Company had two existing block listing facilities. The Executive Share Option Scheme with 503,441 shares block listed and the Sharesave Scheme which had 368,483 block listed. The Company has requested that all of the block listed shares under the Executive Share Option Scheme be cancelled but in respect of its Sharesave Scheme has requested that they be consolidated in the same ratio as all the existing shares so that they will maintain a block listing facility over 7,369 New Ordinary Shares for the Sharesave Scheme. Therefore, the total number of New Ordinary Shares, listed and block listed, that the Company has made applications to the UK Listing Authority and to the London Stock Exchange for (as applicable) is 105,885,146 New Ordinary Shares which will trade under the new ISIN of GB00BRK8Y334.

END

Enquiries

For further information contact:

   Ashley Highfield, Chief Executive Officer            +44 (0) 20 7612 2610 
   David King, Chief Financial Officer                          +44 (0) 20 7612 2602

Media enquiries:

   Jane Muirhead, Group Head of PR                           +44 (0) 20 7612 2616

Buchanan

Richard Oldworth/Sophie McNulty/Jason Day

+44 (0) 20 7466 5000

IMPORTANT NOTICE

Defined terms used but not defined in this announcement have the meanings set out in the Circular.

This announcement is for information purposes only.

This information is provided by RNS

The company news service from the London Stock Exchange

END

ROMFFWFFEFLSESF

Johnston Press (LSE:JPR)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Johnston Press Charts.
Johnston Press (LSE:JPR)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Johnston Press Charts.