General Meeting voting results

RNS Number : 6411T

Quintain Estates & Development PLC

21 November 2013

 



NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN OR INTO ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF THAT JURISDICTION

21 November 2013

Quintain Estates and Development plc ("Quintain" or the "Company")

Proposed Disposal of the Company's Interests in GPRL Joint Venture

Result of General Meeting

Further to the announcements on 4 and 6 November 2013, Quintain announces that, at the general meeting held today, the resolution to approve the disposal of its remaining interests in Greenwich Peninsula Regeneration Limited to Knight Dragon Limited, an investment vehicle ultimately owned by Dr. Henry Cheng Kar-Shun, was passed by shareholders. Completion of the transaction is scheduled to take place on Friday 22 November 2013.

The results of the vote (conducted by way of a poll) are shown below.

Votes For 420,490,899 (99.99%)

Votes Against 29,689  (0.01%)

Total votes 420,520,588

Votes Withheld 6,394,095

ENQUIRIES:

Quintain Estates and Development plc

Maxwell James, Chief Executive                                                            Tel: [phone]

Richard Stearn, Finance Director

HSBC Bank Plc, Sole Financial Adviser to Quintain and Sole Sponsor

John Herbert                                                                                          Tel: [phone]

Richard Choi

Oliver Smith

RLM Finsbury

James Bradley                                                                                       Tel: [phone]

Jenny Davey

Barclays Bank PLC, Joint Corporate Broker to Quintain

Tom Boardman                                                                                      Tel: [phone]

J.P. Morgan Cazenove, Joint Corporate Broker to Quintain

Robert Fowlds                                                                                       Tel: [phone]

Bronson Albery

Important Notices

The release, publication or distribution of this announcement in jurisdictions other than the United Kingdom may be restricted by law and therefore any persons who are subject to the laws of any jurisdiction other than the United Kingdom should inform themselves about, and observe, any applicable requirements. This announcement has been prepared for the purposes of complying with the Listing Rules and the information disclosed may not be the same as that which would have been disclosed if this announcement had been prepared in accordance with the laws and regulations of any jurisdiction outside of England.

HSBC Bank plc is authorised by the Prudential Regulation Authority ("PRA") and regulated by the PRA and the Financial Conduct Authority, is acting as sole financial adviser and sole sponsor to Quintain and no-one else in connection with the Transaction and the contents of this announcement and will not be responsible to anyone other than Quintain for providing the protections afforded to clients of HSBC Bank Plc, or for providing advice in relation to any of the Transaction, the contents of this announcement or any matters referred to herein.

Barclays Bank PLC is authorised by the PRA and regulated by the PRA and the Financial Conduct Authority, is acting as joint corporate broker to Quintain and no-one else in connection with the Transaction and the contents of this announcement and will not be responsible to anyone other than Quintain for providing the protections afforded to clients of Barclays Bank PLC, or for providing advice in relation to any of the Transaction, the contents of this announcement or any matters referred to herein.

J.P. Morgan Securities plc, which uses the marketing name of J.P. Morgan Cazenove in the UK, is authorised by the PRA and regulated by the PRA and the Financial Conduct Authority, is acting as joint corporate broker to Quintain and no-one else in connection with the Transaction and the contents of this announcement and will not be responsible to anyone other than Quintain for providing the protections afforded to clients of J.P. Morgan Cazenove, or for providing advice in relation to any of the Transaction, the contents of this announcement or any matters referred to herein.

 

END

 

 

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