28th May 2010 18:00
Replacement
This announcement replaces the REH announcement "Result of Extraordinary General Meeting" RNS number 7349M released at 12:31pm today.
Further information regarding Utilico's potential interest is included.
The full amended text is shown below.
28 May 2010
Renewable Energy Holdings plc
("REH" or the "Company")
Result of Extraordinary General Meeting
The Company is pleased to announce that the resolution put to the shareholders of the Company at the Extraordinary General Meeting held today, details of which were set out in the Circular to shareholders dated 14 May 2010, was duly passed.
Following the passing of the resolution, should Utilico choose to convert the whole of the Utilico Loan into Ordinary Shares, it would result in Utilico being issued a maximum of 8,264,463 new Ordinary Shares, with a resultant holding of 36.3 per cent. of the enlarged issued voting share capital of REH, in absence of any further increases in voting share capital before such time.
The Utilico Loan is convertible in whole or in part into Ordinary Shares until 31 July 2011.
Capitalised terms in this announcement carry the same meaning as ascribed to them in the Circular.
- Ends -
For further information, please contact:
|
Renewable Energy Holdings plc Mike Proffitt, Chief Executive
|
Tel: +44 (0)16 2464 1199 |
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Ambrian Partners Limited (Financial Adviser to the Independent Directors) Andrew Craig / Ben Wright
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Tel: +44 (0 20 7634 4700 |
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Strand Hanson Limited Rory Murphy / James Spinney
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Tel: +44 (0)20 7409 3494 |
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Novus Capital Markets Ltd Charles Goodfellow / David Rae
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Tel: +44 (0)20 7107 1872 |
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Financial Dynamics Billy Clegg / Ed Westropp / Alex Beagley |
Tel: +44(0)20 7831 3113 |
Related Shares:
REH.L