Result of General Meetings

RNS Number : 0876X

HSS Hire Group PLC

07 August 2018

 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN, INTO OR FROM THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.

7 August 2018

HSS Hire Group plc ("HSS" or the "Company") 

Result of General Meetings

The Company is pleased to announce that at the General Meeting held today at 11:00 a.m. the ordinary resolution to approve the conditional agreement with Nationwide Platforms Limited, a wholly-owned subsidiary of the Loxam Group, with respect to the sale of UK Platforms Limited for a total Enterprise Value of £60.5 million, was duly passed on a poll. The results of the poll are as follows:

Ordinary resolution	Votes for	% Votes for 1	Votes against	% Votes against 1	Total votes validly cast	% of Issued share capital voted 1,2,3	Votes withheld 2
Resolution: The Disposal be and is hereby approved	132,561,676	100.00	4,249	0.00	132,565,925	77.89	1,998

In addition, at the separate General Meeting held today at 11:30 a.m. the ordinary resolution to approve the proposed amendments to the Company's Long Term Incentive Plan and consequential amendments to the Company's other share plans, was also duly passed on a poll. The results of the poll are as follows:

Ordinary resolution	Votes for	% Votes for 1	Votes against	% Votes against 1	Total votes validly cast	% of Issued share capital voted 1,2,3	Votes withheld 2
Resolution: The Share Plans and related awards be and are hereby approved	132,513,743	99.98	24,951	0.02	132,538,694	77.87	5,736

Notes:

1.     The percentages above are rounded to two decimal places.

2.     A "vote withheld" is not a vote in law and is not counted in the calculation of the proportion of votes "for" or "against" a resolution.

3.     The number of ordinary shares in issue on 7 August 2018 was 170,207,142. Shareholders are entitled to one vote per share.

For further information please contact:

HSS Hire Group plc	Tel: [phone]
Steve Ashmore, CEO	Email: [e-mail]
Paul Quested, Chief Financial Officer
Jonathan Edwards, Investor Relations Manager
Numis Securities (Sponsor and Financial Adviser)	Tel: [phone]
Stuart Skinner
Stuart Ord
Freddie Naylor-Leyland
Teneo Blue Rubicon (Public Relations Adviser)	Tel: [phone]
Robert Morgan
Shona Buchanan

 

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