4th Jun 2010 10:48
4 June 2010
DDD GROUP PLC (the "Company")
RESULT OF ANNUAL GENERAL MEETING ("AGM") AND ADMISSION OF SHARES
The Company announces that all resolutions proposed at the AGM held today were duly passed.
Further to the announcement of 14 May 2010, applications have been made for 14,000,000 and 5,100,000 new ordinary shares of 1p each (collectively, the "New Shares") to be admitted to trading on 7 June 2010 as a result of (i) the placing and subscription; and (ii) the loan note conversion, respectively. Wistron Corporation has agreed to subscribe for 1,927,800 New Shares, resulting in an increased holding of 17,364,831 ordinary shares, or 13.23% of the enlarged share capital. Arisawa Manufacturing Co, Ltd has subscribed for 2,653,000 New Shares and will receive 4,250,000 New Shares as a result of the loan note conversion, resulting in an increased holding of 29,856,123 ordinary shares, or 22.74% of the enlarged share capital. A further 9,419,200 New Shares have been placed by Brewin Dolphin Corporate Advisory and Broking with a number of institutional investors and certain existing shareholders.
Following admission, the Company's issued share capital will consist of 131,283,074 ordinary shares with a nominal value of 1p each, each ordinary share conveying the right to one vote. Therefore, the total number of voting rights in the Company will be 131,283,074. This figure should be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, DDD under the Financial Service Authority's Disclosure and Transparency Rules.
Enquiries:
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DDD Group Chris Yewdall, President & CEO e-mail: [email protected]
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+1 310 566-3340 |
Brewin Dolphin Corporate Advisory and Broking Sandy Fraser, Managing Director - Corporate Finance Paul Mason, Assistant Director - Corporate Finance
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+44 (0)131 529 0272 +44 (0)141 314 8208
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END
Related Shares:
DDD.L