Result of EGM
Paddy Power plc
22 February 2011
Recommended acquisition of Sportsbet Pty Limited
- Result of Extraordinary General Meeting
Paddy Power plc ("Paddy Power") announces that the resolution proposed at the Paddy Power Extraordinary General Meeting held earlier today to approve the recommended acquisition of the remaining minority interest in Sportsbet Pty Limited was duly passed.
The resolution was passed unanimously on a show of hands. Details of votes lodged by proxy, as disclosed to the meeting under the provisions of the Combined Code on Corporate Governance were as follows:
Number of votes: For: 32,410,889 Against: 106 Withheld: 40,075.
Completion of the acquisition is expected on 1 March 2011.
A copy of the resolution passed at the EGM has been submitted to the UK National Storage Mechanism and will shortly be available for inspection at http://www.hemscott.com/nsm.do. A copy of the resolution is also being forwarded to the Irish Stock Exchange and will shortly be available for inspection at the following address:
Company Announcements Office,
Irish Stock Exchange,
28 Anglesea Street,
Dublin 2,
Ireland.
Tel: +353 1 61774200
ENDS
For reference:
David Johnston
Company Secretary
Paddy Power plc
Tel: + 353 1 404 5900
This information is provided by RNS