Result of Special General Meeting

RNS Number : 6082K

Oakley Capital Investments Limited

17 April 2015

 

17 April 2015

Oakley Capital Investments Limited ("OCIL" or the "Company")

Result of Special General Meeting

Further to the announcement made on 26 March 2015 in respect of the placing of 78,787,879 new ordinary shares in the capital of the Company (the "Placing Shares") at a placing price of 165 pence per share (the "Placing"), the Company is pleased to announce that at the Special General Meeting held earlier today the special resolution put to the meeting in connection with the Placing was duly passed by the requisite majority.

An application has been made to the London Stock Exchange plc for the Placing Shares to be admitted to trading on the AIM market of the London Stock Exchange plc ("AIM") and it is expected that the admission will become effective in respect of, and that dealings on AIM will commence in, the Placing Shares at 8:00 a.m. on 20 April 2015.  The Placing Shares will rank pari passu with the existing ordinary shares in the capital of the Company ("Ordinary Shares").

Following the issue of the Placing Shares, the number of Ordinary Shares in issue less Ordinary Shares held in treasury will be 196,278,691 and the total number of voting rights in the Company will be 196,278,691. The Company will continue to hold a total of 10,634,188 Ordinary Shares in treasury.

The issue of the Placing Shares remains conditional upon (i) the Placing Agreement becoming unconditional and (ii) Admission becoming effective on 20 April 2015 (or such later date as Liberum and the Company may agree being no later than 08 May 2015).

For further information please contact:

Oakley Capital Investments Limited	[phone]
Peter Dubens (Director)
Liberum Capital Limited (Broker & Nominated Adviser)	[phone]
Steven Tredget / Steve Pearce / Jill Li
FTI Consulting	[phone]
Edward Bridges / Emily Desmier

 

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