eVestment Company PLC
11 January 2000
Results of EGM
The eVestment Company plc ('the Company')
At an EGM of the Company held today the resolutions set out in the prospectus
dated 9 December 1999 were duly passed and accordingly a total of 126,000,022
New Ordinary Shares have been allotted to shareholders of the Company taking
up their pro rata entitlements under the terms of the open offer made by the
Company on 9 December 1999, and to certain institutional and other investors
procured by the Company and Peel, Hunt & Company Limited.
Dealings in the New Ordinary Shares are expected to commence on 12 January,
2000.
8,125,000 of the New Ordinary Shares have been allotted to directors of the
Company (or to persons connected with them for the purposes of Section 346 of
the Companies Act 1985) as follows:
Number of New
Ordinary Shares
John Drinkwater 3,750,000
Tom Vaughan 2,500,000
Jackie Donnelly 1,875,000
The Directors of the Company, excluding John Drinkwater, Tom Vaughan and
Jackie Donnelly, consider (having consulted with Peel, Hunt & Company Limited,
the Company's nominated adviser) that the placing of such New Ordinary Shares
with these Directors is fair and reasonable so far as the shareholders of the
Company are concerned.
Following the allotment of the New Ordinary Shares, the Directors' interests
in the Ordinary Shares of the Company are as follows:
Number of Percentage of
Ordinary issued share
Shares capital
Oliver Vaughan 2,777,777 1.1
Chris Roberts 800,100 0.3
Adrian Graham 800,100 0.3
John Drinkwater 3,750,000 1.4
Tom Vaughan 4,833,333 1.8
Jackie Donnelly 1,875,000 0.7
The Directors' holdings of Warrants remain unchanged.
For further information contact Chris Roberts (Chief executive) on 0171 937
4445.
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.