Result of General Meeting

RNS Number : 5754K

TLA Worldwide PLC

29 August 2019

 

29 August 2019

TLA Worldwide plc

("TLA" or the "Company", together with its subsidiaries, the "Group")

Result of General Meeting

TLA Worldwide plc (AIM: TLA) announces that the resolutions proposed at its General Meeting held earlier today to approve the proposed sale of TLA Worldwide (Aust) Pty Ltd, TLA Merchandise Pty Ltd and TLA-ESP Limited (the "Australian Businesses"), to QMS Sport Holdings Limited and change the Company's name to Hawkwing plc (the "Resolutions") were duly passed.

The Group is pleased to confirm that following the passing of the Resolutions, the sale of the Australian Businesses is expected to complete on or before 5 September 2019 and the Group will update the market accordingly. The Company will also update investors once the name change becomes effective.

Further details of the Disposal are set out in the circular to shareholders dated 13 August 2019.

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.

Enquiries:

TLA Worldwide plc
Keith Sadler, Interim Non-Executive Chairman	[phone]
Beaumont Cornish Limited (Nomad and Broker)
Roland Cornish, James Biddle	[phone]
Luther Pendragon
Harry Chathli, Alexis Gore	[phone]

 

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