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Newmark Technology (NWT)


Tuesday 10 September, 2002

Newmark Technology

Result of AGM

Newmark Technology Group PLC
10 September 2002



Newmark Technology Group Plc ('Newmark') announces that at its Annual General
Meeting held today, all resolutions proposed to the meeting were duly passed.
These included the ordinary and special resolutions proposed as special
business, which are summarised below:

(4)   The approval of the offer made by Williams de Broe Plc ('Williams de Broe') on behalf of Newmark to
      acquire the global depository receipts representing the Vema N.V ('Vema') shares not already owned by
      Newmark (the 'Offer').

(5)   The approval of the acquisition of Grosvenor Technology Limited ('Grosvenor').

(6)   The capital reorganisation of Newmark (and related alterations to the Articles of Association) pursuant
      to which the existing issued ordinary shares of 5p each are sub-divided into 1 ordinary share of 1p each
      and 1 deferred share of 4p each and existing unissued ordinary shares are sub-divided into 5 ordinary
      shares of 1p each.

(7)   The approval of the change of name of Newmark to 'Newmark Security PLC', subject to the consent of the
      Registrar of Companies.

Although shareholder approval has today been given for the acquisition of
Grosvenor and the Offer for Vema (together a reverse takeover), trading in
Newmark's shares on the Alternative Investment Market of London Stock Exchange
plc ('AIM') will not be cancelled until the completion of the Grosvenor
acquisition, a condition precedent to which is the Offer becoming or being
declared unconditional, which is expected to be in the week commencing Monday 16
September 2002.   Application will be made for the admission of the enlarged
share capital of Newmark to AIM upon the Offer becoming or being declared

As at 12.00 noon on 10 September 2002, valid acceptances had been received in
respect of the Offer for 45,940,646  Vema GDRs, representing, in aggregate,
approximately 63.8 per cent. of the Vema shares not already owned by Newmark.
At the current level of acceptances and assuming the Offer becomes
unconditional, Newmark effectively controls approximately 82.3 per cent. of
Vema's shares.

The Offer is not being made, directly or indirectly, in or into, and may not be
accepted in or from, the United States, Canada, Australia or Japan.
Accordingly, copies of this announcement are not being, and must not be, mailed,
forwarded, transmitted or otherwise distributed or sent in, into or from the
United States, Canada, Australia or Japan.

This announcement, which has been prepared by and is the sole responsibility of
Newmark, has been approved by Williams de Broe solely for the purposes of
section 21 of the Financial Services and Markets Act 2000.

Williams de Broe, which is regulated in the United Kingdom by the Financial
Services Authority, is acting for Newmark and no-one else in connection with the
Offer and will not be responsible to anyone other than Newmark for providing the
protections afforded to customers of Williams de Broe nor for providing advice
in relation to the Offer or any matter referred to in the Offer Document.

                      This information is provided by RNS
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