21st Jan 2009 12:24
St Ives plc - Result of Extraordinary General Meeting
St Ives plc ("the Company") is pleased to announce that the ordinary resolution proposed at the Extraordinary General Meeting held earlier today to approve the disposal of the Company's US Division was passed on a show of hands.
In accordance with LR 9.6.2 R of the UK Listing Authority Listing Rules two copies of the resolution have been forwarded to the UK Listing Authority and will shortly be available for inspection at the UK Listing Authority's Document Viewing Facility, which is situated at:
Financial Services Authority25 The North ColonnadeCanary WharfLondon E14 5HSTelephone: 020 7066 1000
In total 365 valid proxy cards were received by the registrars voting on average 76.97 million ordinary shares. This represents 74.33% of the issued share capital of the Company as at today's date.
The issued share capital of St Ives plc as at 21 January 2009 is 103,551,005 ordinary shares of 10 pence each. Each share carries one vote.
Miles Emley, as Chairman of the Company and of the Extraordinary General Meeting, was appointed as proxy in respect of all votes cast. He was given instructions on how to vote on the resolution before the Meeting today in respect of 76,432,377 shares and was given discretion on how to vote in respect of 534,111. His appointment as proxy and accordingly his voting rights over these shares lapsed immediately following the Extraordinary General Meeting.
Votes `Withheld' have not been included in the proportion of votes cast `For' & `Discretionary' and `Against'.
A breakdown of proxy votes lodged 48 hours prior to the Extraordinary GeneralMeeting is set out below: Votes 'For' & Votes Ordinary Resolution 'Discretionary' Votes 'Withheld' 'Against' Number % Number % Number
To approve the disposal of the 76,952,694 99.98% 13,794 0.02% 240,032 US Division
A full summary of proxy votes can be obtained from the Company Secretary:
Company SecretarySt Ives plcSt Ives HouseLavington StreetLondon SE1 0NXTelephone: 020 7928 8844Enquiries:Philip HarrisCompany SecretaryTelephone: 020 7928 884421 January 2009
vendorRelated Shares:
KCT.L