15th Nov 2005 18:09
CLS Holdings PLC15 November 2005 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO THEUNITED STATES, CANADA, AUSTRALIA, SOUTH AFRICA, THE REPUBLIC OF IRELAND OR JAPAN CLS Holdings plc ("CLS" or "the Company") Proposed purchase of 1 in every 60 Ordinary Shares at 510 pence per share by way of a tender offer ("the Tender Offer") and Proposed adoption of the CLS Holding plc 2005 Company Share Option Plan Result of EGM and Tender Offer At the Extraordinary General Meeting of the Company held at 2.00 p.m. today, allthe resolutions set out in the Tender Offer document and notice of EGM dated 19October 2005 were duly passed. The board of CLS is also pleased to confirm that the Company's recent TenderOffer, as described in the Tender Offer document dated 19 October 2005, is nowclosed, having received acceptance for the Tender Offer in full by itsshareholders. Tenders for up to and including the pro rata entitlement will bemet in full. Tenders received for excess Ordinary Shares will be subject toscale back at the rate of 0.003893674 Ordinary Shares for each excess OrdinaryShare tendered over and above the pro rata entitlement, rounded down to thenearest whole share. The Ordinary Shares purchased by the Company pursuant tothe Tender Offer will be held by the Company as treasury shares. A copy of the resolutions passed under special business at the ExtraordinaryGeneral Meeting will be submitted to the UK Listing Authority and will shortlybe available for inspection at: Document Viewing FacilityFinancial Services Authority25 The North ColonnadeCanary WharfLondon E14 5HSTelephone: +44 (0) 20 7066 1000 Enquiries: CLS Holdings plcSten Mortstedt Executive Chairman 020 7582 7766Tom Thomson Chief Executive and Vice Chairman 020 7582 7766 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
CLS Holdings