Result of EGM
FirstGroup PLC
20 April 2007
20 April 2007
FirstGroup plc
Proposed Acquisition of Laidlaw International, Inc. - Result of FirstGroup EGM
On 9 February 2007 FirstGroup announced the proposed acquisition of Laidlaw
International, Inc. The Acquisition is conditional upon, amongst other things,
the approval of the shareholders of both FirstGroup and Laidlaw.
The Board of FirstGroup announces that, at the Extraordinary General Meeting
held earlier today, the Resolutions to approve, amongst other things, the
acquisition of Laidlaw, details of which were set out in the notice of
Extraordinary General Meeting included in the circular to FirstGroup's
shareholders dated 26 March 2007, were duly passed by FirstGroup's shareholders
on a poll. The results of the poll are shown below.
Resolution Votes For % Votes Against % Votes Withheld
1. To approve the 258,086,437 99.68 841,131 0.32 650,172
proposed acquisition of
the entire issued share
capital of Laidlaw
International, Inc.
2. To increase the 258,019,931 99.65 907,286 0.35 650,523
authorised share capital
3. To authorise the 256,806,556 99.24 1,976,616 0.76 794,568
directors to allot
relevant securities
4. To authorise the 257,726,230 99.63 955,385 0.37 896,125
directors to incur
borrowings
5. To authorise the 254,038,966 98.28 4,443,893 1.72 1,094,881
directors to disapply
pre-emption rights
The current issued share capital of FirstGroup plc is 434,950,135 ordinary
shares of 5 pence per share (excluding treasury shares).
Two signed copies of the resolutions passed as special business have been
submitted to the UK Listing Authority and will shortly be available for
inspection at the UKLA Document Viewing Facility situated at Financial Services
Authority, 25 The North Colonnade, Canary Wharf, London E14 5HS.
The special meeting of shareholders of Laidlaw will be held later today, and an
appropriate announcement made.
The Acquisition remains conditional, amongst other things, on the receipt of
necessary antitrust approvals in the US and Canada. The Board has no further
update on the likely completion date.
Terms used in this Announcement shall have the same meanings as set out in the
Circular dated 26 March 2007.
FirstGroup
Moir Lockhead, Chief Executive Tel: +44 (0) 207 291 0505
Dean Finch, Finance Director Tel: +44 (0) 207 291 0512
Rachael Borthwick, Corporate Communications Director Tel: +44 (0) 207 291 0508
This information is provided by RNS
The company news service from the London Stock Exchange