28th Apr 2008 13:40
Johnson Service Group PLC28 April 2008 FOR IMMEDIATE RELEASE JOHNSON SERVICE GROUP PLC ("Johnson Service Group" or the "Group") 28 April 2008 RESULT OF EGM COMPLETION OF DISPOSAL OF JOHNSON CLOTHING LIMITED Further to the announcement made on 11 April 2008, the Board of Johnson ServiceGroup is pleased to announce that the resolution to approve the disposal ofJohnson Clothing Limited ("the Disposal Resolution"), as detailed in thecircular to shareholders dated 11 April 2008 ("the Circular") was duly passed atthe Extraordinary General Meeting held at 1.15 p.m. today. Following the passing of the Disposal Resolution, the disposal of JohnsonClothing Limited ("the Disposal") to Ensco 645 Limited, an entity establishedand controlled by Gresham LLP and divisional management, has been duly completedtoday. Approval for the transfer of the Group's shares to trading on AIM will be soughtat an Extraordinary General Meeting to be held at 11.00 a.m. on 8 May 2008. Enquiries: Johnson Service Group 020 7796 4133Simon Sherrard, ChairmanJohn Talbot, Chief Executive Close Brothers (Financial Adviser to Johnson Service Group) 020 7655 3100David BezemMatthew PrestGuy Ballantine Investec (Joint Financial Adviser and broker to Johnson Service Group) 020 7597 5000Erik AndersonMichael Lacey-Solymar Hudson Sandler 020 7796 4133Michael SandlerSandrine GallienFran Read Close Brothers Corporate Finance Limited, which is authorised and regulated inthe United Kingdom by the Financial Services Authority, is acting exclusivelyfor Johnson Service Group PLC and for no one else in relation to the Disposaland is not advising any other person and accordingly will not be responsible toanyone other than Johnson Service Group PLC for providing the protectionsafforded to the customers of Close Brothers Corporate Finance Limited or forproviding advice in relation to the Disposal. Investec, which is authorised and regulated in the UK by the Financial ServicesAuthority, is acting for Johnson Service Group PLC and for no one else inconnection with the Disposal and will not be responsible to anyone other thanJohnson Service Group PLC for providing the protections afforded to clients ofInvestec nor for providing advice to any other person in relation to theDisposal. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Johnson Service