Result of EGM

RNS Number : 2196N

Real Good Food PLC

14 May 2015

 



Real Good Food plc (AIM: RGD)

Result of Extraordinary General Meeting

Real Good Food plc ("Real Good Food" or "the Company") is a diversified food business, serving a number of market sectors including retail, manufacturing, wholesale, foodservice and export. The Company is a major distributor of sugar in the UK through its Napier Brown subsidiary, and manufactures a wide range of baking ingredients, jams and sweet bakery products. Its brands include Whitworths Sugar, Renshaw and R&W Scott.

At an Extraordinary General Meeting ("EGM") of the Company, held today, shareholders approved a resolution authorising the Board to proceed with the proposed sale of Napier Brown Sugar Limited ("Napier Brown") to Tereos for £34m plus net working capital at Completion, as announced on 29 April 2015.

A summary of the votes cast at the EGM is provided below:

Resolution	For	%	Against	%	Votes withheld
To approve the disposal of Napier Brown Sugar Limited	50,299,485	99.99	324	0.01	0

Completion of the sale is expected on 19^th May 2015.

14 May 2015

ENQUIRIES:

Real Good Food plc
Pieter Totté, Chairman	Tel: [phone]
Andrew Brown, Marketing Director	Tel: [phone]
Mike McDonough, Finance Director	Tel: [phone]
Shore Capital & Corporate (Nomad and Joint Broker)	Tel: [phone]
Stephane Auton Patrick Castle
Daniel Stewart and Company Plc (Joint Broker)	Tel: [phone]
Martin Lampshire
Cubitt Consulting	Tel: [phone]
Gareth David

 

 

 

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