Circular re. EGM Requisition (6644N)

TIDMPTH

RNS Number : 6644N

Promethean PLC

05 September 2011

Promethean Plc

5 September 2011

EGM Requisition and publication of Circular

Promethean Plc (the "Company") announces that it is today posting a circular to its shareholders to convene an extraordinary general meeting of the Company. The requisitioned extraordinary general meeting will be held on 30 September 2011 at the Company's registered office.

As highlighted in the Company's announcement of 18 August 2011, the Board has received a requisition from Knox D'Arcy (Investments) Limited and Laminvest N.V.. The requisition required the Company to call an extraordinary general meeting for the purpose of voting on resolutions which will propose the removal of Elizabeth Tansell and Martin Negre as directors of the Company and the appointment of Andrew Ashworth and Robin James as directors of the Company (the "Resolutions").

The Board has received confirmations of support from shareholders holding ordinary shares comprising 60.182 per cent. of the total number of ordinary shares in the capital of the Company in issue, including irrevocable undertakings in respect of 46.351 per cent. of the total number of ordinary shares in the capital of the Company in issue. This shareholder support would be sufficient to reject the Resolutions.

The circular can be viewed by clicking on the following link:

http://www.rns-pdf.londonstockexchange.com/rns/6644N_-2011-9-5.pdf

The circular will also be available to view on the Company's website shortly.

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Enquiries

Sir Peter Burt / Mike Burt

Promethean Investments LLP +44 (0) 207 479 7660

James King / Tom Durie +44 (0) 207 598 5368

Fairfax I.S. PLC

This information is provided by RNS

The company news service from the London Stock Exchange

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