31st May 2006 14:25
Datacash Group PLC31 May 2006 31 May 2006 DataCash Group plc ("DataCash" or the "Company") Result of AGM and EGM AGM DataCash today held its AGM at which all resolutions were passed unanimously. EGM On 6 May 2006, DataCash announced the proposed acquisition of the entire issuedshare capital of Proc Cyber Services (UK) Limited ("Proc Cyber") through theissue of 44,913,111 Ordinary Shares valuing Proc Cyber at £61.3 million based onDataCash's closing share price on 5 May 2006 of 136.5 pence per Ordinary Share. The Company is pleased to announce that all Resolutions proposed to Shareholderswere passed at the EGM which took place earlier today. The Acquisition remainsconditional on, inter alia, Admission, which is expected to become effective at8.00 a.m. on 1 June 2006. Terms defined in the AIM Admission Document dated 6 May 2006 have the samemeaning in this announcement, save where the context otherwise requires. Enquiries DataCashDavid Bailey, Chairman 0870 727 4761Andrew Dark, Chief Executive Investec Investment BankingKeith Anderson 020 7597 5970Daniel Adams St Brides Media & FinanceIsabel Crossley 020 7242 4477 Investec Investment Banking, a division of Investec Bank (UK) Limited, which isauthorised and regulated by the Financial Services Authority and is a member ofthe London Stock Exchange plc, is acting as Nominated Adviser and Broker for theCompany in relation to the Proposals, and will not be responsible to any otherperson for providing the protections afforded to its customers or for providingadvice in relation to the Proposals. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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