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Result of AGM

24th Jun 2020 13:30

RNS Number : 9676Q
Watchstone Group PLC
24 June 2020
 

 

Watchstone Group plc

 

("Watchstone" or the "Company")

 

 

RESULT OF ANNUAL GENERAL MEETING

Watchstone Group plc (LON:WTG) announces that all the resolutions proposed at the Annual General Meeting, held earlier today were duly passed.

 

Resolution

Votes for

%

Votes against

%

Votes total

% of ISC voted

Votes withheld

 

1

11,213,641

98.57

160,135

1.41

11,376,310

24.7

2,534

2

11,371,295

99.96

2,422

0.02

11,376,310

24.7

2,593

3

11,345,212

99.73

28,555

0.25

11,376,309

24.7

2,542

4

11,045,527

99.72

28,241

0.25

11,076,310

24.1

2,542

5

11,177,070

98.25

196,698

1.73

11,376,310

24.7

2,542

6

11,176,970

98.25

196,798

1.73

11,376,310

24.7

2,542

7

11,183,532

98.31

190,136

1.67

11,376,310

24.7

2,642

8

11,373,049

99.97

859

0.01

11,376,310

24.7

2,402

 

The proposed reduction of the Company's share premium account ("Share Premium Reduction") and a proposed second return of cash to Shareholders ("Second Return of Cash") as approved by resolution 8 remain subject to Court approval.

 

Expected Timetable of Events RELATING TO THE SECOND CASH RETURN OF CASH

 

Court Hearing to confirm the Second Share Premium Reduction

21 July 2020

Record Date relating to the Second Return of Cash

22 July 2020

Ordinary Shares commence trading ex-entitlement to the Second Return of Cash

8.00 a.m. on 23 July 2020

Registration of Court Order and Effective Date of the Second Return of Cash

23 July 2020

Dispatch of cheques to shareholders or shareholders' CREST accounts credited (as appropriate) in respect of the Second Return of Cash entitlements

On or around 31 July 2020

Notes

These dates are estimates only, being subject to agreement of hearing dates with the Court. Any changes will be notified to shareholders by an announcement on the Regulatory News Service of the London Stock Exchange.

 

All references to time in this announcement are to London time.

 

 

 

 

Watchstone Group plc

Tel: 03333 44804

 

 

WH Ireland Limited, Nominated Adviser and broker

 

Tel: 020 7220 1666

Chris Hardie

Lydia Zychowska

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
END
 
 
RAGSEAFELESSEFM

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