Watchstone Group plc
("Watchstone" or the "Company")
RESULT OF ANNUAL GENERAL MEETING
Watchstone Group plc (LON:WTG) announces that all the resolutions proposed at the Annual General Meeting, held earlier today were duly passed.
|
Resolution |
Votes for |
% |
Votes against |
% |
Votes total |
% of ISC voted |
Votes withheld
|
|
1 |
11,213,641 |
98.57 |
160,135 |
1.41 |
11,376,310 |
24.7 |
2,534 |
|
2 |
11,371,295 |
99.96 |
2,422 |
0.02 |
11,376,310 |
24.7 |
2,593 |
|
3 |
11,345,212 |
99.73 |
28,555 |
0.25 |
11,376,309 |
24.7 |
2,542 |
|
4 |
11,045,527 |
99.72 |
28,241 |
0.25 |
11,076,310 |
24.1 |
2,542 |
|
5 |
11,177,070 |
98.25 |
196,698 |
1.73 |
11,376,310 |
24.7 |
2,542 |
|
6 |
11,176,970 |
98.25 |
196,798 |
1.73 |
11,376,310 |
24.7 |
2,542 |
|
7 |
11,183,532 |
98.31 |
190,136 |
1.67 |
11,376,310 |
24.7 |
2,642 |
|
8 |
11,373,049 |
99.97 |
859 |
0.01 |
11,376,310 |
24.7 |
2,402 |
The proposed reduction of the Company's share premium account ("Share Premium Reduction") and a proposed second return of cash to Shareholders ("Second Return of Cash") as approved by resolution 8 remain subject to Court approval.
Expected Timetable of Events RELATING TO THE SECOND CASH RETURN OF CASH
|
Court Hearing to confirm the Second Share Premium Reduction |
21 July 2020 |
|
Record Date relating to the Second Return of Cash |
22 July 2020 |
|
Ordinary Shares commence trading ex-entitlement to the Second Return of Cash |
8.00 a.m. on 23 July 2020 |
|
Registration of Court Order and Effective Date of the Second Return of Cash |
23 July 2020 |
|
Dispatch of cheques to shareholders or shareholders' CREST accounts credited (as appropriate) in respect of the Second Return of Cash entitlements |
On or around 31 July 2020 |
Notes
These dates are estimates only, being subject to agreement of hearing dates with the Court. Any changes will be notified to shareholders by an announcement on the Regulatory News Service of the London Stock Exchange.
All references to time in this announcement are to London time.
|
Watchstone Group plc |
Tel: 03333 44804 |
|
|
|
|
WH Ireland Limited, Nominated Adviser and broker |
Tel: 020 7220 1666 |
|
Chris Hardie Lydia Zychowska |
|
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