Result of AGM

RNS Number : 1159Q

Dart Group PLC

07 September 2017

 

7 September 2017

Dart Group PLC ("the Company")

Result of AGM

The Company is pleased to announce that all of the resolutions proposed at today's Annual General Meeting were duly passed.

Limitation on Ownership by Non-UK Nationals

Following the adoption of new Articles of Association at its AGM today, the Directors of the Company may limit the aggregate percentage of the issued share capital of the Company that may be owned by non-UK nationals at a level to protect Jet2.com's operating and flying rights as a UK airline.

The Directors have agreed to set this limit, known as the Permitted Maximum, at 35 per cent.

The Company's registrars will carry out a review of the Company's shareholder register to establish the number of shares in which non-UK nationals have an interest. As part of this exercise, shareholders will be asked to complete and return a declaration together with such evidence as the Directors may require, stating (a) the name and nationality of any person who has an interest in any such share and, if the Directors require, the nature and extent of such interest; and (b) such other information as the Directors may from time to time determine.  Transferees of shares will also be required to complete such a declaration and the Directors may refuse to register transfers if they fail to do so.

For further information contact:

Dart Group PLC Philip Meeson, Executive Chairman	Tel:              0113 238 7444
Gary Brown, Group Chief Financial Officer
Smith & Williamson Corporate Finance Limited Nominated Adviser David Jones/Katy Birkin	Tel:              020 7131 4000
Canaccord Genuity - Joint Broker Bruce Garrow / Ben Griffiths	Tel:              020 7523 8000
Arden Partners - Joint Broker Christopher Hardie	Tel:              020 7614 5900
Buchanan - Financial PR Richard Oldworth	Tel:              020 7466 5000

 

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