EVC Christows PLC
26 March 2001
The Evolution Group Plc ('the Company') (formerly EVC Christows Plc)
Results of EGM and further listing
At the EGM held today all Resolutions set out in the circular dated 2 March
2001 ('the Circular') were duly passed, in addition to which the 2.5p
Warrantholders' Resolution was also duly passed.
Accordingly the 1 for 10 Share Consolidation and the 1 for 10 2.5p Warrant
Consolidation will take place following the close of dealings today, and
dealings will commence in the New Ordinary Shares and the Adjusted 2.5p
Warrants with effect from the start of business on 27 March 2001.
Holders of Adjusted 2.5p Warrants now have until 6 April 2001 to exercise such
warrants. A notice to this effect, including a notice of exercise, will be
posted today to holders of Adjusted 2.5p Warrants on the register at today's
date. Anyone who acquires Adjusted 2.5p Warrants after today's date and who
wishes to exercise such warrants and needs further assistance should contact
Melton Registrars on 01582 405333 as soon as possible.
The Company has also today allotted a further 2,682,730 New Ordinary Shares to
Westbury Investments SA ('Westbury') pursuant to the exercise of outstanding
options over ordinary shares held by Westbury in Christows Group Limited ('
Christows'), now a wholly owned subsidiary of the Company. At the time of its
acquisition of Christows the Company agreed to acquire any new shares in
Christows acquired by Westbury pursuant to such option on the same basis as
the offer made for the rest of the issued share capital of Christows.
Application has been made for the 2,682,730 New Ordinary Shares to be admitted
to AIM. Admission is expected to take place on 29 March 2001.
Definitions set out in the Company's circular dated 2 March 2001 apply
throughout this announcement unless the context otherwise requires.
Further enquiries: Alex Snow - Chief executive 020 7444 1730
Adrian Graham - Finance director 020 7937 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.