7th Mar 2012 13:17
7 March 2012
Brady plc ("Brady" or the "Company")
Result of General Meeting
The Board of Brady is pleased to announce that at the Company's General Meeting held earlier today all of the resolutions were duly passed.
Application has been made for a total of 23,299,772 new ordinary shares issued pursuant to the Placing to be admitted to trading on AIM. Admission and dealing is expected to occur at 8.00 a.m. on 8 March 2012.
Following the issue and admission of the 23,299,772 new ordinary shares, the Company's total issued share capital will be 78,594,774 ordinary shares of 1p each. The Company holds 4,306 ordinary shares in Treasury. Therefore, the total number of voting rights in Brady is 78,590,468. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Services Authority's Disclosure and Transparency Rules.
For further information please contact:
Brady plc Gavin Lavelle, Chief Executive Officer Tony Ratcliffe, Finance Director | Telephone: +44(0)1223 479479 |
Cenkos Securities plc Ivonne Cantu / Camilla Hume
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Telephone: +44 (0)20 7397 8900 |
Redleaf Polhill Samantha Robbins / David Ison | Telephone: +44 (0)20 7566 6720
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About Brady
Brady plc (BRY.L) is a leading global provider of trading and risk management software to the worldwide commodity and energy markets. Brady combines fully integrated and complete solutions supporting the entire commodity trading operation, from capture of financial and physical trading, through risk management, handling of physical operations, back office financials and treasury settlement, for energy, refined and unrefined metals, softs and agriculturals.
Brady has 25 years' expertise in the commodity markets with over 150 customers worldwide, including some of the largest financial institutions, producers and mining corporations which depend on Brady's software solutions to deliver vital business transactions across their global operations. Brady clients include many of the world's largest miners, refiners and producers, trading companies, tier one banks and a large number of London Metal Exchange (LME) Category 1 and 2 clearing members and many leading European energy generators, traders and consumers. For further information visit: www.bradyplc.com
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