9th Oct 2008 11:20
For Immediate Release BODYCOTE PLC Disposal of Testing Business Result of General Meeting
Bodycote PLC ("the Company") announces that, at the General Meeting held earlier today, the Shareholders approved the resolution required for the sale of the Testing Business of the Company ("Sale") to proceed as set out in the circular sent to shareholders dated 23 September 2008 (the "Circular").
Bodycote recently received clearance from the relevant competition authorities for the transaction to proceed, and therefore completion of the sale process is expected to occur by the end of October.
The proxy figures for the resolution passed at the General Meeting were 204,069,653 in favour (with 361,688 to be voted in favour at the discretion of the Chairman), 6,794 against and 299,966 withheld their vote. These results will also be displayed shortly on the Company's website: www.bodycote.com
Two copies of the resolutions passed at the General Meeting have been submitted to the Financial Services Authority and will be available shortly for inspection at the Financial Services Authority's Document Viewing Facility which is situated at:
The Financial Services Authority
25 The North ColonnadeCanary WharfLondonE14 5HSTel: +44(0)20 7676 1000
Definitions used in the Circular shall have the same meanings when used in this announcement, unless the context otherwise requires.
Contacts:
Bodycote plc - Telephone - 01625 505 300
John Hubbard, Chief Executive Officer
David Landless, Group Finance Director
Financial Dynamics - Telephone - 020 7269 7278
Jon Simmons
vendorRelated Shares:
Bodycote