Result of EGM

RNS Number : 0655C

FBD Holdings PLC

26 August 2008

 



FBD Holdings plc ('FBD')

Result of EGM

FBD announces that the two resolutions, proposed at today's EGM, seeking approvals in relation to changes in the percentage shareholdings of Farmer Business Development plc and other parties arising from share buybacks by FBD were duly passed by the Independent Shareholders. 

The results of each of the two poll votes were as follows: 

Resolution 1:  

'That having regard to the provisions of the Irish Takeover Panel Act, 1997, Takeover Rules, 2007 (`Takeover Rules') and to the conditions attached by the Irish Takeover Panel to the grant of a waiver under Rule 37 of the Takeover Rules as described on pages 7 and 8 of the Company's circular (`Circular') to shareholders dated 1 August 2008, the increase in the percentage of the Voting Shares of the Company held by Farmer Business Developments plc and persons deemed under the Takeover Rules to be acting in concert with it, to 30.04% without Farmer Business Developments plc and/or any person acting or deemed to be acting in concert with it being obliged to make an offer to the Company's shareholders pursuant to Rule 37, be and is hereby approved'.

Result of Poll Vote on Resolution 1

In favour 5,472,493 (99.8%), against 12,581 (0.2%).

Resolution 2:  

'That having regard to the provisions of the Irish Takeover Panel Act, 1997, Takeover Rules, 2007 (`Takeover Rules') and to the conditions attached by the Irish Takeover Panel to the grant of a waiver under Rule 37 of the Takeover Rules as described on pages 7 and 8 of the Company's circular (`Circular') to shareholders dated 1 August 2008, the increase in the percentage of the Voting Shares of the Company held by Farmer Business Developments plc and persons deemed under the Takeover Rules to be acting in concert with it, of up to 33.60% in the circumstances described in the Circular without Farmer Business Developments plc and/or any person acting or deemed to be acting in concert with it being obliged to make an offer to the Company's shareholders pursuant to Rule 37, be and is hereby approved'.

Result of Poll Vote on Resolution 2

In favour 5,472,969 (99.8%), against 12,593 (0.2%).

For Reference                                          Telephone

FBD

Conor Gouldson, Company Secretary            [phone]

FBD Holdings plc FBD House Bluebell Dublin 12 Ireland

Registered in Dublin, Ireland  Registered Number 135882

 

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