Result of Meeting

RNS Number : 9750V

Caffyns PLC

21 April 2016

 

Caffyns Plc

(Caffyns" or the "Company")

Proposed disposal of the Company's Land Rover Dealership in Lewes, East Sussex (the "Disposal")

Result of General Meeting

Caffyns, the listed motor dealership operator, is pleased to announce that the resolution set out in the Notice of General Meeting contained within the circular to shareholders dated 17 March 2016 to approve the Disposal was duly passed by Ordinary Shareholders at the General Meeting of the Company held at 2.30 p.m. today, 21 April 2016.

Details of the votes cast on the Resolution are set out below:

Resolution	Total Votes For	Total Votes Against	Total Votes Withheld
THAT the disposal of the Company's Land Rover business (the "Disposal") on the terms and subject to the conditions described in the circular to shareholders of the Company dated 17 March 2016 be approved and that the board of directors of the Company (or any duly authorised committee thereof) be authorised to take such actions in order to effect the Disposal as the board or any such committee thinks fit and to make any non-material alterations to the terms and conditions of the Disposal.	1,171,979	10	105,000

Completion of the Disposal is expected to occur on 29 April 2016.

In accordance with the Company's obligations under Listing Rule 9.6.2, a copy of the resolution passed will shortly be submitted to the National Storage Mechanism and, once submitted, will be available for inspection at www.morningstar.co.uk/NSM.

Enquiries

Caffyns Plc	Simon Caffyn, Chief Executive	Tel:	01323 730201
	Mark Harrison, Finance Director

 

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