26th Jun 2009 15:39
26 June 2009
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN.
STYLES & WOOD GROUP PLC
RESULTS OF EXTRAORDINARY GENERAL MEETING
Styles & Wood Group Plc announces that at its General Meeting held on 26 June 2009 all resolutions in relation to the Refinancing, as outlined in the circular to shareholders dated 10 June 2009, were duly passed.
Ivan McKeever, Chief Executive of Styles & Wood, commented:
"I am delighted that the refinancing has received shareholder approval as this will provide us with the funds we need to secure our position as one of the leading players in the property services market.
"On 25 June we announced that our Open Offer was significantly oversubscribed and this is a further vote of confidence in the new management team, our prudent financial management to deal with the current economic cycle and our future strategy for the business.
"With the refinancing now complete we very much look forward to getting on with driving the business forward from such a solid base."
- Ends -
For further information, please contact:
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Styles & Wood Group plc |
Tel: 0161 926 6000 |
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Ivan McKeever, CEO |
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Graham Clark, Group Finance Director |
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Financial Dynamics |
Tel: 020 7831 3113 |
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Billy Clegg / Georgina Bonham / Alex Beagley |
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Shore Capital and Corporate Limited |
Tel: 020 7408 4090 |
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Guy Peters / Edward Mansfield |
Related Shares:
Styles & Wood Group