QUADRANT GROUP PLC
27 September 1999
Quadrant Group PLC
Result of Extraordinary General Meeting
The Board of Quadrant Group PLC ('the Company') is
pleased to announce that at the Extraordinary General
Meeting ('EGM') of the Company, held at 10.00 am on 27
September 1999, Resolutions were duly passed to approve:-
i) the disposal of the Company's Flight Training Assets
on the terms of the agreement dated 10 September
1999 ('the Disposal') as described in the circular
to shareholders of the Company dated 10 September
1999 ('the Circular'); and
ii) the redemption of the convertible loan stock and the
issue of warrants to subscribe for the Company's
ordinary 20p shares to a related party as described
in the Circular.
The Disposal was conditional upon gaining shareholder
approval at the EGM and the Company is pleased to
announce that following the EGM and as at 27 September
1999 the Disposal has been successfully completed.
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.