GREENER HOUSE INVESTMENTS PLC
RESULT OF ANNUAL GENERAL MEETING AND GENERAL MEETING
The Directors of the Company are pleased to announce that all resolutions proposed were duly
passed without amendment at the Company's Annual General Meeting held earlier today. In addition,
all resolutions were also duly passed at the Company's General Meeting ("GM") also held today,
inter alia, to approve the acquisition of the entire share capital of Fresh T Limited, pursuant
to the Company's previous announcement on 14 September 2010.
Following shareholder approval at the GM, 229,964,200 new ordinary shares of 0.1p each in the
capital of the Company ("New Ordinary Shares") will be admitted to trading on PLUS at 8:00am
tomorrow ("Admission"). James Grossman, a non-executive director of the Company, is subscribing
1,300,000 of the Placing Shares.
Following completion of the GM Directors of the Company will tomorrow issue a further 8,000,000
new Ordinary Shares ("Further New Ordinary Shares") in lieu of fees to certain advisers.
Following the issue of these new shares, the Company's total issued share capital will be
337,989,200 Ordinary Shares.
Upon Admission, John McGuire and Stephen Blank, Chief Executive and Finance Director respectively
of FreshTL, will join the board of the Company in those capacities. Derek Lewis and James Grossman
will join the board of the Company as Non-Executive Chairman and Non-Executive Director
respectively and the Existing Directors will resign.
Pursuant to the Company's previous announcement on 14 September 2010, the Company will also be
changing its name to FreshTL plc with effect from Admission.
Following Admission of the New Ordinary Shares and the Further New Ordinary Shares, the directors
and significant shareholders will hold the following amount of shares:
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Shareholder Number of Shares Percentage Holding
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John McGuire 89,760,000 26.56%
Angus Matheson 57,090,000 16.89%
Timothy Branton 40,164,200 11.88%
Daniel Stewart Securities 29,500,000 7.84%
Stephen Blank 22,950,000 6.79%
Nexus Group Holdings Limited* 22,000,000 6.51%
Bernard Kelly 13,750,000 4.07%
James Grossman 3,300,000 0.98%
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*including Nexus Corporate Finance LLP (a wholly owned subsidiary).
CONTACT
The directors of the Company take responsibility for this announcement.
Enquiries:
Greener House Investments plc +44 (0) 20 7468 2600
Jonathan Metliss, Chairman
Tony Brown +44 (0) 20 7451 7050
Nexus Corporate Finance LLP
FreshTL plc +44 (0) 161 408 0962
Stephen Blank, Finance Director
Daniel Stewart & Co Plc
Oliver Rigby +44 (0) 20 7776 6550
Greener House Investments Plc