Result of General Meeting and Total Voting Rights

RNS Number : 8462Y

Barkby Group PLC (The)

06 January 2020

 

6 January 2020

The Barkby Group Plc

Result of General Meeting and Total Voting Rights

The Barkby Group PLC, the consumer-focused hospitality group, is pleased to announce that all the Resolutions put to Shareholders at the General Meeting of the Company, held earlier today, were duly passed.

The Resolutions were required to approve, inter alia, the acquisition ("Acquisition") of the entire issued share capital of each of Tarncourt Ambit Properties Limited, Tarncourt Ambit Limited and Workshop Trading Holdings Limited (together the "Dickson Controlled Entities"), the Proposed Waiver of Rule 9 of the Takeover Code, the Share Consolidation, the issue and allotment of New Ordinary Shares pursuant to, inter alia, the Placing and Subscription, the Capital Reduction and delisting from NEX Exchange.

Following the passing of the Resolutions at the General Meeting, the Share Consolidation of every 193 Existing Ordinary Shares into 74 New Ordinary Shares will become effective at 8.00 a.m. on 7 January 2020.

Application has been made by the Company for the Enlarged Share Capital to be admitted to trading on AIM ("Admission") when the Acquisition, Placing and Subscription will complete ("Completion"). It is expected that the admission of the Company's Existing Ordinary Shares to trading on NEX will be cancelled immediately prior to Admission and that Admission of the Enlarged Share Capital will occur and dealings in the New Ordinary Shares will commence at 8.00 a.m. on 7 January 2020.

Following Admission and Completion, the total number of Shares in issue will be 135,235,066. There are no Shares held in treasury. Accordingly, the total number of voting rights in the Company on Admission will be 135,235,066. This figure may be used by Shareholders as the denominator for the calculations to determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules. 

Defined terms used in this announcement have the meaning (unless the context otherwise requires) as set out in the Admission Document which is available on the Company's website www.barkbygroup.com. This announcement should be read in conjunction with the Admission Document published by the Company on 19 December 2019.

Enquiries: 

finnCap Ltd (Corporate Adviser and Broker) Carl Holmes/Simon Hicks (corporate finance) Tim Redfern/Richard Chambers (ECM)	[phone]
Camarco (Financial PR) Jennifer Renwick/Jane Glover	[phone]

 

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