Sportsworld Media - Resolution Passed at EGM
May 04 1999 - 9:21AM
UK Regulatory
RNS No 6285k SPORTSWORLD MEDIA GROUP PLC 4 May 1999 Sportsworld Media Group plc
("Sportsworld" or "the Company") Sportsworld is pleased to announce that, at the
extraordinary general meeting of the Company held earlier today, shareholders
passed the resolution put to them. Accordingly, it is expected that the
acquisition of a 51 per cent. interest in Stuart Sawyer (Marketing) Limited and
a cash placing of approximately 5 per cent. of the Company's issued share
capital, both announced on 16 April 1999, will be completed tomorrow. It is
expected that the shares to be issued in connection with the acquisition and the
cash placing will be admitted to the Official List of the London Stock Exchange
on 5 May 1999. END RSEASAOKKOKVRAR
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