Delyn Group PLC
22 May 2000
Delyn Group PLC - Result of EGM
Delyn Group PLC ('Delyn') which on 27 April 2000 announced the
proposed reverse acquisition of ingenta Limited ('ingenta'),
is pleased to announce that at its extraordinary general
meeting earlier today, the following were approved:
- the acquisition, by way of public offer, of ingenta;
- the change of name from Delyn to ingenta plc; and
- the placing of 1,071,429 new ordinary shares in Delyn at
280p per share to raise approximately £3m.
ingenta is one of the UK's top 20 web services, providing
services to the global community of information and research
professionals and a world leader in creating on line knowledge
communities for specialist professional, technical and
academic sectors.
The offer for ingenta is expected to be declared unconditional
in all respects on 25 May. A further announcement will be
made shortly.
Dealings in the new ordinary shares, to be issued through the
placing and for the acquisition of ingenta, are expected to
commence on 26 May.
For further information please contact:
ingenta ltd www.ingenta.com
Martyn Rose, Chairman 0207 408 0792
Mark Rowse, Chief Executive 01225 826267
Delyn Group plc 0207 834 8060
Guy Naggar, Chairman 0498 755444
Albert E Sharp Securities 0207 489 4608
Guy Peters
Ludgate Communications 0207 253 2252
Edward Macquisten
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