14th May 2015 14:00
Real Good Food plc (AIM: RGD)
Result of Extraordinary General Meeting
Real Good Food plc ("Real Good Food" or "the Company") is a diversified food business, serving a number of market sectors including retail, manufacturing, wholesale, foodservice and export. The Company is a major distributor of sugar in the UK through its Napier Brown subsidiary, and manufactures a wide range of baking ingredients, jams and sweet bakery products. Its brands include Whitworths Sugar, Renshaw and R&W Scott.
At an Extraordinary General Meeting ("EGM") of the Company, held today, shareholders approved a resolution authorising the Board to proceed with the proposed sale of Napier Brown Sugar Limited ("Napier Brown") to Tereos for £34m plus net working capital at Completion, as announced on 29 April 2015.
A summary of the votes cast at the EGM is provided below:
Resolution | For | % | Against | % | Votes withheld |
To approve the disposal of Napier Brown Sugar Limited | 50,299,485 | 99.99 | 324 | 0.01 | 0 |
Completion of the sale is expected on 19th May 2015.
14 May 2015
ENQUIRIES:
Real Good Food plc | |
Pieter Totté, Chairman | Tel: 020 3056 1516 |
Andrew Brown, Marketing Director | Tel: 020 3056 1516 |
Mike McDonough, Finance Director | Tel: 0151 706 8200 |
Shore Capital & Corporate (Nomad and Joint Broker) | Tel: 020 7408 4090 |
Stephane Auton Patrick Castle | |
Daniel Stewart and Company Plc (Joint Broker) | Tel: 020 7776 6550 |
Martin Lampshire | |
Cubitt Consulting | Tel: 020 7367 5100 |
Gareth David |
Related Shares:
RGD.L