Result of EGM

RNS Number : 6200N

UK Coal PLC

01 October 2012

 



1 October 2012

UK COAL PLC

Result of General Meeting

On 22 June 2012, UK Coal plc ("UK Coal") announced the Disposal of Harworth Power (Generation) Limited subject to Shareholder approval. Accordingly, a circular was sent to Shareholders on 14 September 2012 giving notice of a General Meeting to consider and approve the Disposal (the "Circular").

The Company is pleased to announce that the Resolution was duly passed at the General Meeting held earlier this afternoon and the Disposal is therefore expected to complete today. A summary of the proxy voting is set out below.

	Number of Shares	% of Vote	% of Issued Share Capital
For:	133,131,116	99.75	44.48
Against:	179,666	0.13	0.06
Discretionary:	154,827	0.12	0.05
Total Votes Cast:	133,465,609	100	44.59
Withheld:	432,308		0.14

Terms defined in this announcement shall have the meaning ascribed to them in the Circular unless otherwise stated.

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Enquiries

Analysts and investors

Jonson Cox                                                         Chairman, UK Coal                                          Tel: [phone]

David Brocksom                                               Group Finance Director, UK Coal               Tel: [phone]

Owen Michaelson                                           Managing Director, Harworth Estates     Tel: [phone]

Media

Anthony Cardew / Emma Crawshaw       Cardew Group                                                  Tel: [phone]

Andrew Mackintosh                                       Director of Communications, UK Coal     Tel: [phone]

Notes to Editors

UK Coal is a mining, property and power company employing c2,500 people with its headquarters at Harworth Park, Harworth, near Doncaster, South Yorkshire.

Britain's biggest producer of coal, UK Coal operates three deep mines in the Midlands and Yorkshire, and surface mines in the North East, the North West and the Midlands.  Over 90% of the total annual output is sold to generate around 5% of Britain's electricity requirements.

Harworth Estates, the property division of UK Coal, is one of the largest landowners in the UK.  With access to over 30,000 acres of land, Harworth Estates create and develop new opportunities across all sectors of the UK property market.

Harworth Estates is committed to environmental best practice, creating new sustainable communities, thousands of new homes and new business space across Yorkshire, the Midlands and the North.

For more information, please go to:  www.ukcoal.com

 

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