For immediate release on 4 October 2011
Utilico Emerging Markets Limited
Result of SGM
Utilico Emerging Markets Limited (the "Company") is pleased to announce that at the Special General Meeting held earlier today, the Resolutions relating to the continuation of the Company, the adoption of new Bye-laws and the dis-application of pre-emption rights for up to 10 per cent. of the Company's issued share capital, were approved by Shareholders on a show of hands.
For information, the following proxy votes on each of the Resolutions were received prior to the Special General Meeting:
|
IN FAVOUR* |
AGAINST |
||
|
No. |
% |
No. |
% |
Continuation vote |
124,245,536 |
99.99 |
15,071 |
0.01 |
Adoption of new bye-laws |
124,137,772 |
99.97 |
32,276 |
0.03 |
Dis-apply pre-emption rights |
122,628,280 |
98.75 |
1,546,768 |
1.25 |
* The "in favour" votes include those votes giving the Chairman discretion
Applications will be made to the UK Listing Authority for all of the Company's issued ordinary shares to be admitted to a premium listing on the Official List of the UK Listing Authority and to the London Stock Exchange plc for all of the ordinary shares to be admitted to trading on the London Stock Exchange's main market for listed securities.
It is expected that admission will become effective on 14 October 2011.
For further information please contact:
ICM Analysis & Research Ltd
Charles Jillings
01372 271486
Westhouse Securities Limited
Alastair Moreton
Hannah Young
0207 601 6118