Result of EGM

API Group PLC
09 January 2008


9 January 2008
 

                                 API Group plc 
                           Result of General Meeting  

 
Further to the announcement, distribution of the prospectus and notice of the
General Meeting by the Company on 17  December 2007 in connection with the Open
Offer of new shares to raise £8 million, the Board of API is pleased to 
announce that all resolutions required to effect the Open offer were duly passed
at today's General Meeting.   

It is anticipated that 35,557,213 new ordinary shares of 1 pence each will be
admitted to trading on 18 January 2008.  The new ordinary shares will rank pari
passu with the ordinary shares of 1 pence each to be created immediately before 
Admission in accordance with the share sub- division (as defined and described
in the prospectus dated 17 December  2007).  

In addition, the Company received shareholder approval for a possible move to
the Alternative Investment Market and  expects to announce its intentions in
this regard on 11 January 2008.
 

Ends


Enquiries


Andrew Turner, Group Chief Executive Officer,      01625 858700
API Group plc

Tim Spratt / Nicola Biles                          020 7831 3113
Financial Dynamics  

Nick Westlake / Bruce Garrow                       020 7260 1000
Numis Securities Ltd

 

 



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