6th Nov 2006 12:12
Stanelco PLC06 November 2006 NOT FOR DISTRIBUTION OR TRANSMISSION, DIRECTLY OR INDIRECTLY, IN OR INTO THEUNITED STATES OF AMERICA, AUSTRALIA, CANADA, THE REPUBLIC OF SOUTH AFRICA ORJAPAN. Stanelco plc RESULTS OF EGM ("Stanelco" or the "Company") The Board of Stanelco announces that, at the Extraordinary General Meeting heldearlier today, the Resolutions which were set out in the Notice of ExtraordinaryGeneral Meeting included in the prospectus of Stanelco relating to the FirmPlacing, Placing and Open Offer dated 12 October 2006 were passed withoutamendment. The New Ordinary Shares to be issued pursuant to the Firm Placing, Placing andOpen Offer will be credited as fully paid and will rank pari passu in allrespects with the Company's Existing Ordinary Shares. The Firm Placing, Placing and Open Offer remain conditional upon Admissionoccurring by no later than 8.00 a.m. on 7 November 2006 or such later date asTeather & Greenwood Limited and Stanelco may agree. For further information please contact: Stanelco plcMartin Wagner, Chief ExecutiveSylvia Leavey, Investor RelationsTel: 44 (0) 2380 867 100 Press: Financial DynamicsJonathon Brill/Billy CleggTel: 44 (0) 20 7831 3113 This announcement is for information only and does not constitute an offer orinvitation to acquire or dispose of any securities or investment advice in anyjurisdiction. Past performance is no guide to future performance and persons needing adviceshould consult an independent financial advisor. The information contained in this announcement is not for release, publicationor distribution, directly or indirectly, to persons in the United States,Canada, Australia, Japan or the Republic of South Africa. This announcement isnot an offer of securities for sale into the United States. The New OrdinaryShares have not and will not be registered under the US Securities Act of 1933,as amended and may not be offered or sold directly or indirectly, in the UnitedStates absent registration or an exemption from registration. There will be nopublic offering of securities in the United States. The New Ordinary Shares havenot and will not be registered with any regulatory authority of any state withinthe United States. Teather & Greenwood Limited, which is authorised and regulated in the UnitedKingdom by the Financial Services Authority, is acting exclusively for theCompany as sponsor, financial adviser and stockbroker in relation to the Issueand no-one else in connection with the arrangements described in thisannouncement and will not be responsible to anyone other than the Company forproviding the protections afforded to customers of Teather & Greenwood or for advising any other person in connection with the arrangements described in thisannouncement. This announcement has been issued by Stanelco and is the sole responsibility ofStanelco. Defined terms used in this announcement are as used in the prospectus ofStanelco dated 12 October 2006, which may be inspected at the UKLA's documentviewing facility situated at the Financial Services Authority, 25 The NorthColonnade, Canary Wharf, London E14 5HS. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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