14th Jul 2006 16:10
Weatherly International PLC14 July 2006 14 July 2006 Acquisition of Ongopolo Mining and Processing Limited ("Ongopolo") - Result of the Weatherly International plc Extraordinary General Meeting Subsequent to the announcements made by Weatherly International plc (the "Company") on 26 April 2006, 23 June 2006 and 10 July 2006, regarding itsintention to acquire a controlling interest in Ongopolo (the "Proposals"), theCompany today announced, all resolutions proposed to implement the Proposals atthe extraordinary general meeting held in London on 14 July 2006 were passed.As a result of the passing of the resolutions shareholders have approved theProposals which constitute a reverse takeover in accordance with the AIM Rules. It is expected that the ordinary shares of the enlarged group will be admittedto trading on the AIM market of the London Stock Exchange on or around 19 July2006. For further information contact: Weatherly International plc John Norris +44 (0) 20 7917 2989 Libertas Capital Jonathan Flory/Stephen Pickup +44 (0) 20 7569 9650 First City Financial Public Relations Ian Foster +44 (0) 207 436 7486 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Weatherly International Plc