17th Apr 2015 10:50
17 April 2015
Quindell Plc
("Quindell" or the "Company" or the "Group")
Result of General Meeting
and
Disposal Update
On 30 March 2015, the Company announced that it had entered into a conditional sale and purchase agreement to dispose of its Professional Services Division to Slater and Gordon Limited ("Disposal") subject to certain conditions including, inter alia, the approval of the Company's Shareholders of the Disposal at the General Meeting. Words and expressions defined in the Circular to Shareholders dated 30 March 2015 shall, unless the context provides otherwise, have the same meaning in this announcement.
The Board is pleased to announce that at the General Meeting held earlier today, the Resolution to approve the Disposal was duly passed.
Following the passing of the Resolution, the Disposal remains conditional, inter alia, upon:
(a) the approval of the Solicitors Regulation Authority; and(b) the approval of the Financial Conduct Authority.
Further announcements will be made by the Company in due course.
Quindell Plc | Tel: 01489 864 200 | |
David Currie, Non-executive Interim Chairman |
| |
Robert Fielding, Group Chief Executive | ||
Stephen Joseph, Head of Investor Relations | ||
Tulchan Communications | Tel: 020 7353 4200 | |
Susanna Voyle |
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Victoria Huxster |
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Cenkos Securities plc, Nominated Adviser and broker | Tel: 020 7397 8900 | |
Stephen Keys | ||
Mark Connelly | ||
Rothschild, Financial Adviser | Tel: 020 7280 5000 | |
Majid Ishaq | ||
John Byrne | ||
A copy of this announcement will be available on the Company's website www.quindell.com later today
Related Shares:
WTG.L