22nd Mar 2013 15:28
22 March 2013
Elephant Capital Plc
("Elephant Capital" or "the Company")
Result of Annual General Meeting, Directorate Change
and Tender Offer Update
Elephant Capital announces that the Annual General Meeting ("AGM") of the Company announced on 27 February 2013 was held earlier today at the registered office of the Company, at which all of the proposed resolutions were duly passed.
As announced by the Company on 27 February 2013 James Norman Hauslein has decided to step down from the Board with immediate effect following the conclusion of this year's AGM.
The Company would like to thank James for the very valuable contribution he has made to the Company as a board member.
Tender Offer update
As noted above all resolutions proposed to the AGM, including the resolution to allow purchases by the Company of its own shares under the Tender Offer, were duly passed. Therefore, and as announced on 11 March 2013, the expected timetable of events in connection with the Tender Offer are as follows:
Latest time and date for receipt of Tender Forms and TTE instructions in relation to the Tender Offer
| 1.00pm on 28 March 2013 |
Tender Offer Closing Date
| 28 March 2013 |
Announcement of the results of the Tender Offer | By 10 a.m. on 2 April 2013
|
Completion of the Tender Offer and purchase of Shares under the Tender Offer
| 3 April 2013 |
Cheques issued/CREST accounts credited for Tender Offer proceeds in respect of Shares sold under the Tender Offer
| 10 April 2013 |
CREST accounts credited/share certificates issued for revised holdings of Shares following the sale of Shares under the Tender Offer
| 10 April 2013 |
All times stated in this expected timetable of events and in the circular are London times, unless otherwise stated. The times and dates above are indicative only. If any of the above times and/or dates change materially, the revised times and/or dates will be notified to Shareholders by announcement through a Regulatory Information Service.
For further enquiries please contact:
Elephant Capital
Vikram Lall Tel: +44 (0)162 082 5130
Gaurav Burman Tel: +44 (0)207 389 1770
Cantor Fitzgerald Europe (Nominated Adviser) Tel: +44 (0)20 7107 8000
Rick Thompson / Tom Sheldon (Corporate Finance)
Richard Redmayne (Corporate Broking)
Related Shares:
ECAP.L