Results of General Meeting

RNS Number : 1108U

Dignity PLC

08 October 2010

 



For Immediate Release                                                                       8 October 2010

Dignity plc (the "Company")

Result of General Meeting

The Company is pleased to announce that all of the resolutions proposed at the General Meeting held earlier today, were duly passed on a show of hands.

Shareholders have accordingly approved the Return of Cash to Shareholders of £1 per Existing Ordinary Share by way of one B Share or C Share for each Existing Ordinary Share and a 6 for 7 Share Capital Consolidation, as set out in the Circular to Shareholders dated 22 September 2010.

Application has been made to the London Stock Exchange and the UK Listing Authority for the admission to the Official List, and to trading on the London Stock Exchange's market for listed securities, of 54,755,680 New Ordinary Shares of 10.5 pence each.  It is expected that these shares will be admitted to the Official List and that dealings in the New Ordinary Shares will commence on London Stock Exchange's market for listed securities at 8.00am on 11 October 2010.

Application has also been made to the London Stock Exchange and the UK Listing Authority for a block listing of 10,000 New Ordinary Shares of 10.5 pence each.  These shares will be allotted and issued in due course pursuant to the Company's Save As You Earn Scheme.

For information, the proxy votes cast in respect of the resolutions were as follows:

Resolution (no. as noted on the Form of Proxy form)		Votes For	Votes Against	Votes marked as Votes Withheld/ Abstentions	Poll Yes/No
1.	To approve and adopt new articles of association (containing the rights to be attached to the B Shares, C Shares and Deferred Shares) and approve the proposed purchase of the Deferred Shares and the proposed purchase of the C Shares.	41,974,503	12,791	850	No
2.	To approve the Return of Cash and related matters (including authorising the directors to allot B Shares and C Shares)	41,975,033	13,086	350	No
3.	To approve the consolidation and sub-division of the Existing Ordinary Shares into New Ordinary Shares.	41,973,482	13,463	1,199	No
4.	To approve the Put Option Agreement	41,968,202	14,998	4,644	No
5.	To approve and adopt new articles of association to take effect 1 August 2011.	41,971,429	14,132	2,583	No
6.	To approve the redesignation of the deferred share.	41,972,372	13,632	2,140	No

Notes

(i)            The "Votes for" figures include those votes giving the Chairman discretion on casting the votes

(ii)           A "Vote Withheld" is not a vote in law and is not counted in the total number of votes cast on a resolution.

Copies of the document setting out the resolutions passed by the Company at the General Meeting have been submitted to the National Storage Mechanism and will shortly be available for inspection at www.Hemscott.com/nsm.do

All defined terms used in this announcement shall have the same meaning as in the Circular issued to Shareholders dated 22 September 2010.

For more information

Mike McCollum, Chief Executive

Steve Whittern, Finance Director

Dignity plc                                                             [phone]

Richard Oldworth

Suzanne Brocks

Christian Goodbody

Buchanan Communications                            [phone]

 

END

 

 

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