Result of AGM

RNS Number : 6933T

Datacash Group PLC

10 June 2009

 



10 June 2009 

DataCash Group plc: DATA/ Index AIM/ Sector: Support Services

DataCash Group Plc ('the Company')

The Board of DataCash Group plc, the AIM-listed payment service provider, are pleased to announce that at the AGM held at 1pm today, 10th June 2009, all resolutions were carried. 

The Board wishes to bring to the attention of its shareholders that in two of the resolutions passed today there was an error.

In resolution 7, which relates to the authority of the directors of DataCash to allot equity securities under Section 95 of the Companies Act 1985 wholly for cash, the resolution stated this authority was up to an aggregate nominal value of £500,000. The intention was the aggregate nominal value to be £50,000.

In resolution 8, which relates to the authority for the Company to make market purchases in its own shares, the maximum aggregate number of ordinary shares authorised to be purchased was stated as 46.15m shares. The intention was for the maximum to be 4.615m shares.

Despite these resolutions having been passed in their original form, the Directors will only use the authority granted up to the level they had originally intended to seek authority for.

END

For further information please contact: 

DataCash Group PLC 

Paul Burton        Tel: [phone] 

Finance Director  E-mail: [e-mail] 

Website: www.datacash.com 

 

END

 

 

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