Result of General Meeting

RNS Number : 8007V

Xaar PLC

08 November 2010

 



Xaar plc ("Xaar" or "the Company")

Result of General Meeting

Xaar plc (the "Company" or "Xaar"), the inkjet printing technology group headquartered in Cambridge, is pleased to announce that at a General Meeting of the Company held earlier today, the resolutions set out in the notice of general meeting annexed to the prospectus of the Company dated 21 October 2010, were duly passed without amendment.

The resolutions were passed on a show of hands. A breakdown of the proxies lodged prior to the General Meeting in respect of the resolutions is summarised below:

	For	Discretion	Against	Withheld
Resolution 1	45,900,979	33,809	1,500	318,103
Resolution 2	45,884,985	37,803	13,500	318,103

The results of the proxy votes lodged in advance of the General Meeting will be available on Xaar's website www.xaar.com shortly. 

In accordance with Xaar's obligations under Listing Rule 9.6.2, copies of the resolutions passed have been submitted to the National Storage Mechanism and will shortly be available for viewing at www.hemscott.com/nsm.do.

It is expected that Admission of 8,827,345 New Ordinary Shares of 10 pence each will become effective on 11 November 2010 and that dealings in the New Ordinary Shares will commence at 8 a.m. on 11 November 2010.

For further information please contact:

Xaar plc:	[phone]
Ian Dinwoodie, Chief Executive	www.xaar.com
Andrew Taylor, Finance Director
Singer Capital Markets Limited:	[phone]
Shaun Dobson
Claes Spång
Bankside Consultants:
Simon Bloomfield	[phone] / [phone]

"Safe Harbor" Statement under the US Private Securities Litigation Reform Act of 1995: Some or all of the statements in this document that relate to future plans, expectations, events, performances and the like are forward-looking statements, as defined in the US Private Securities Litigation Reform Act of 1995. Actual results of events could differ materially from those described in the forward-looking statements due to a variety of factors.

 

END

 

 

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