Result of General Meeting

Hornby PLC

27 November 2024

 

Hornby PLC

27 November 2024

Hornby plc

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

Result of General Meeting and Update on Disposal of LCD

Hornby, the international hobby products Group, announces that at the General Meeting held at 09:00 a.m. on Wednesday 27 November 2024, the special resolution proposed to approve the Buy Back and the ordinary resolution proposed to approve the Disposal and the Buy Back as a substantial property transaction under sections 190 and 191 of the Act, were both approved by shareholders.

The result of the proxy voting will be available on the Company's website in due course: https://www.hornby.plc.uk/.

Further to the passing of the Resolutions, completion of the Disposal will take place within the next 3 business days.

Capitalised terms used are as defined in the Company's announcement of 5 November 2024.

Enquiries:

Hornby PLC

Oliver Raeburn, CEO                  01843 233 500

Kirstie Gould, CFO 

Holly Barnett, PR

Panmure Liberum Limited, Nominated Advisor and Broker

Andrew Godber                         020 3100 2222

Edward Thomas

Ailsa Macmaster

 

END