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Result of EGM

3rd Jun 2008 15:17

RNS Number : 8729V
Hampson Industries PLC
03 June 2008
 



Hampson Industries PLC

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS IN THAT JURISDICTION

3 June 2008

Hampson Industries PLC ("Hampson" or the "Company")

Outcome of Extraordinary General Meeting

The Board of Hampson announces that, at the Extraordinary General Meeting, which took place earlier today, the Resolutions proposed to shareholders approving the acquisitions of Odyssey Industries, Inc. and Global Tooling Systems, Inc. and certain matters relating to the Placing and Open Offer of 48,148,148 new Ordinary Shares and issue of 14,874,312 Consideration Shares (as set out in the notice of EGM contained in the Prospectus published by the Company dated 2 May 2008) were duly passed.

Completion of the Placing and Open Offer remains conditional on Admission of the Placing and Open Offer Shares becoming effective and is expected to take place on 4 June 2008.

Completion of the Acquisitions and Admission of the Consideration Shares remain conditional on various matters and are expected to take place on Monday9 June 2008 and Tuesday10 June 2008

respectively.

Certain terms used in this announcement are defined and have the same meaning as in the Company's prospectus dated 2 May 2008, unless the context requires otherwise.

For further information please contact:

Hampson Industries PLC 01384 472941

Kim Ward, Chief Executive

Howard Kimberley, Finance Director

Arbuthnot 020 7012 2000

Mark Brown / James Steel

Investec 020 7597 5970

Keith Anderson / Michael Ansell

M: Communications 020 7153 1269

Marylene Guernier

This announcement does not constitute, or form any part of, an offer or an invitation to purchase any securities.

This announcement does not constitute an offer of, or the solicitation of any offer to buy, any Ordinary Shares to any person in any jurisdiction to whom or in which such offer or solicitation is unlawful. The distribution of this announcement in certain jurisdictions may be restricted by law and therefore persons into whose possession this announcement comes should inform themselves about and observe any such restrictions. Any failure to comply with these restrictions may constitute a violation of the securities laws of such jurisdiction.

Investec, which is authorised and regulated in the United Kingdom by the Financial Services Authority, is acting exclusively for the Company as joint sponsor, joint financial adviser, joint broker and joint underwriter and for no one else in relation to the matters described in this announcement and will not be responsible to anyone other than the Company for providing the protections afforded to customers of Investec or for providing advice in relation to the subject matter or contents of this announcement.

Arbuthnot which is regulated in the United Kingdom by the Financial Services Authority, is acting exclusively for the Company as joint sponsor, joint financial adviser, joint broker and joint underwriter and for no one else in relation to the matters described in this announcement and will not be responsible to anyone other than the Company for providing the protections afforded to customers of Arbuthnot or for providing advice in relation to the subject matter or contents of this announcement.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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