20th Dec 2007 18:07
Tawa PLC20 December 2007 Tawa plc20 December 2007 Tawa plc (the "Company" or "Tawa") Result of Extraordinary General Meeting Tawa announces that at the Extraordinary General Meeting ("EGM") held today thespecial resolution proposed was duly passed. The special resolution approved atthe EGM was to disapply pre-emption rights in relation to a proposed issue ofnew ordinary shares to part finance the Company's conditional acquisition,announced on 6 November 2007, of PXRE Reinsurance Company, Connecticut. Detailsof the acquisition and the resolution are contained in the circular sent toshareholders on 27 November 2007 which is available on the Company's website:www.tawaplc.com. Details of the proxy votes received prior to the EGM are as follows: +-------------------+--------------------+------------------+------------------+| For | Chairman's/CEO | Against | Withheld || | Discretion | | |+----------+--------+----------+---------+-------+----------+-------+----------+| Number | % | Number | % |Number | % |Number | % |+----------+--------+----------+---------+-------+----------+-------+----------+|10,615,483| 11.54|81,378,907| 88.46| 0| 0| 0| 0|+----------+--------+----------+---------+-------+----------+-------+----------+ In total 91,994,390 proxy votes were received, representing 90.29% of theCompany's issued share capital. Enquiries:+-----------------------------------------+-----------------------------+|Gilles Erulin, Chief Executive |020 7204 8000 |+-----------------------------------------+-----------------------------+|Tawa plc | |+-----------------------------------------+-----------------------------+|James Britton or Guy Wiehahn |020 7418 8900 |+-----------------------------------------+-----------------------------+|KBC Peel Hunt (nominated adviser and | ||broker) | |+-----------------------------------------+-----------------------------+ This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
ACH.L