Result of Meeting

RNS Number : 3033N

Shanks Group PLC

24 October 2016

 

Shanks Group plc

Results of the 24 October 2016 General Meeting

Shanks Group plc held a general meeting for shareholders at 10am today.  All 4 resolutions set out in the Company's Notice of General Meeting dated 29 September 2016 were voted on by poll and were approved by shareholders. The results of the poll for each resolution are as follows;

Resolution	Votes  For		Votes Against		Votes Withheld	Total votes cast (ex Votes Withheld)
	No. of shares	% of shares voted	No. of shares	% of shares voted	No. of shares	No. of shares	% of Issued Share Capital
1. To (i) approve the proposed merger of Shanks Group plc with Van Gansewinkel Groep B.V.; and (ii) authorise the directors to take all necessary, expedient or desirable steps to complete the Merger	313,054,157	99.94%	186,280	0.06%	507,916	313,240,437	78.66%
2. To grant authority to the directors to allot shares up to an aggregate nominal amount of £19,018,750 as part consideration for the Merger	313,024,089	99.93%	211,851	0.07%	512,413	313,235,940	78.66%
3. To grant authority to the directors to allot shares up to an aggregate nominal amount of (i) £4,500,000 in connection with the Firm Placing; and (ii) £16,620,196 in connection with the Rights Issue	313,002,394	99.93%	221,937	0.07%	524,022	313,224,331	78.66%
4*. To disapply statutory pre-emption rights relating to ordinary shares allotted under the authorities granted under each of Resolution 2 and Resolution 3.	312,990,587	99.93%	206,455	0.07%	551,311	313,197,042	78.65%

*Special resolution

The poll results will be available shortly on the Company's website www.shanksplc.com

In accordance with Listing Rule 9.6.2 copies of the resolutions passed will be submitted to the National Storage Mechanism and will shortly be available for inspection at http://www.morningstar.co.uk/uk/NSM 

About Shanks Group plc ("Shanks")

Shanks is a leading international waste-to-product business.

The Group uses a range of cost-effective sustainable technologies to make valuable products from what is thrown away. We produce green energy, recovered fuel, recycled commodities and organic fertiliser.

Shanks meets the growing need from public and private sectors to manage waste sustainably without damaging the environment. Our solutions reduce greenhouse gas emissions, recycle natural resources and limit fossil fuel dependency.

Shanks operates in three divisions that reflect our markets: Hazardous, Commercial and Municipal. It has operations in the Netherlands, Belgium, UK and Canada and employs approximately 3,500 people.

For more information, visit: www.shanksplc.com

 

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