12th Apr 2007 14:09
Laird Group PLC12 April 2007 THE LAIRD GROUP PUBLIC LIMITED COMPANY RESULT OF EXTRAORDINARY GENERAL MEETING 12 APRIL 2007 The Laird Group announces today that its Shareholders have approved the sale ofits Security Systems Division to Lupus Capital plc (as announced on 19 March2007). The Shareholders also approved the consolidation of every nine existingordinary shares of 25 pence each into eight new ordinary shares of 28.125 penceeach. The Company also confirms that the waiting period under the Hart-Scott-RodinoAntitrust Improvements Act of 1976 has expired. The Extraordinary General Meeting of Lupus Capital plc to seek approval for thetransaction will be held on 19 April 2007. Subject to this approval beingobtained, it is anticipated that completion of the sale will occur on 27 April2007. Proxy votes, expressed as number of votes and as a percentage of shares voted,were received in respect of a total number of 132,432,790 shares and in respectof the following Resolutions: Ordinary Resolutions For or at Against "Vote Discretion Withheld"* To approve the disposal by the 131,753,432 24,452 654,906 Company of the Laird Security 99.98% 0.02% 0.33%Systems Division To approve the consolidation of every nine issued and unissued 131,731,687 44,192 656,911 ordinary shares of 25 pence 99.97% 0.03% 0.33% each into eight new ordinary shares of 28.125 pence each * A "vote withheld" is not a vote in law and is not counted in the calculationof the proportion of the votes "for" and "against" a resolution and thereforethe figures shown for "vote withheld" are a percentage of issued share capital. For enquiries: The Laird Group PLC Maitland Peter Hill, Chief Executive Brian Hudspith Jonathan Silver, Finance Director Charlotte Barker Tel: 020 7468 4040 Tel: 020 7379 5151 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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