Result of EGM

RNS Number : 0841H

Sportech PLC

12 February 2010

 



NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, JAPAN OR SOUTH AFRICA, OR ANY JURISDICTION WHERE IT IS UNLAWFUL TO DO SO

ALL DEFINED TERMS USED IN THIS ANNOUNCEMENT HAVE THE MEANING GIVEN TO THEM IN THE ANNOUNCEMENT MADE BY THE COMPANY ON 27 JANUARY 2010 AT 7.00 A.M., UNLESS OTHERWISE DEFINED HEREIN.

For immediate release

12 February 2010

Sportech PLC

("Sportech" or the "Company")

Result of Extraordinary General Meeting

Further to the announcement on 11 February 2010 of the results of the Firm Placing and Placing and Open Offer, the Board of Sportech is pleased to announce that each of the Resolutions proposed at the Extraordinary General Meeting held today at 11.00a.m. to approve the proposed Acquisition and Capital Raising and other related matters were duly passed without amendment.

Proxy votes (including votes withheld) were cast for a total of 82,387,922 existing Ordinary Shares of the Company, representing 81.85 per cent. of the total number of votes (100,652,603 existing Ordinary Shares) capable of being cast at the meeting.

The results are set out in the table below:

Resolution	For		Against		Withheld
	Number	%	Number	%	Number
1   To Approve Acquisition	82,289,869	99.99%	5,238	0.01%	92,815
2   To Approve Capital Raising	82,195,766	99.88%	102,041	0.12%	90,115
3   To Approve Share Scheme Award	65,784,884	79.87%	16,581,338	20.13%	21,700

Enquiries

Sportech	Tel: [phone]
Ian Penrose (Chief Executive Officer)
Steven Cunliffe (Finance Director)
Close Brothers (joint sponsor and financial adviser to Sportech)	Tel: [phone]
Richard Madden
Henry Wells
Guy Gillett
Investec (joint sponsor and broker to Sportech)	Tel: [phone]
Patrick Robb
Martin Smith
All PR enquiries to Pelham Bell Pottinger:	Tel: [phone]
David Rydell/Rosanne Perry/Emma Kent

 

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