Rodime PLC
4 September 2000
Rodime plc
EGM
At an extraordinary general meeting of Rodime plc ('the
Company') held today the resolutions proposed in the circular
to the shareholders of the Company dated 11th August 2000 were
duly passed by Rodime shareholders. These resolutions
included the proposed acquisition of the gaming and betting
division of The Littlewoods Organisation plc, the proposed 2
for 3 Rights Issue of 169,516,590 New Ordinary Shares at 10p
per share and the proposed subscription by Newby Manor Limited
for 168,282,663 New Ordinary Shares at 7p per share. The
shareholders also passed a resolution changing the company
name to Sportech plc and approved a new share option scheme.
Provisional allotment letters will be dispatched today to
shareholders on the register at 25th August 2000. The
admission of New Ordinary Shares to the Official List and to
trading on the London Stock Exchange (in the case of the
Rights Issue Shares, nil paid) is expected to take place
tomorrow.
The latest time and date for splitting Provisional Allotment
Letters, nil paid, is 3.00 pm on 21st September 2000 and the
latest time and date for acceptance and payment in full is
3.00 pm on 25th September 2000. Commencement of dealings in
Rights Issue Shares, fully paid, is expected to take place on
26th September 2000.
Enquiries:
David Rydell, Jonathon Brill, Oliver Jones
Bell Pottinger Financial 020 7353 9203
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