Result of EGM

RNS Number : 7210X

Braime (T.F.& J.H.) (Hldgs) PLC

21 November 2014

T.F. & J.H. BRAIME (HOLDINGS) P.L.C.

("Braime" or the "Company")

Result of Shareholders General Meeting

The Company confirms today that it at the general meeting of shareholders held earlier today, the resolution was duly approved. Accordingly, the Company will be seeking court approval to reduce the issued share capital of the Company from £540,000 to £360,000 by cancelling and extinguishing 180,000 Cumulative Preference shares of £1 each in the capital of the Company and returning all the capital paid up on those shares to the holders of them together with a premium of 12.5 pence per share and any accruals or arrears of dividends due on those shares. It is also proposed that, following such cancellation, the admission of the Preference Shares to trading on the AIM be cancelled.

As set out in the announcement of 29 October 2014, the proposed timetable of events is set out below. A further announcement will be made to confirm the result of the Court hearing.

Proposed Timetable

Expected date of Court hearing to confirm the Capital Reduction	17 December 2014
Proposed date for cancellation of Preference Shares from trading on AIM	Before 31 December 2014