Result of General Meeting

RNS Number : 4816D
Sportech PLC
29 June 2021
 

Sportech PLC

("Sportech" or the "Company")

 

Result of General Meeting

 

Sportech, an international betting technology business, is pleased to announce that, at a general meeting (the "General Meeting") held earlier today, the special resolution put to shareholders to approve the cancellation of the listing of the Company's ordinary shares of 20 pence each ("Ordinary Shares") on the Official List and from trading on the London Stock Exchange's main market for listed securities (the "Delisting") and the admission of the Ordinary Shares to trading on AIM (the "AIM Admission") was duly passed.

 

The results of the proxy voting position received in advance of the meeting is reported below:

 

Resolution

For

Against

Withheld

Total votes cast

 

No. of votes

%

No. of votes

%

 

 

To authorise the Delisting and AIM Admission

120,394,313

99.99%

14,770

0.01%

529,334

120,409,083

 

Following the passing of the above resolution, the Company expects to make the requisite applications in respect of the Delisting and the AIM Admission.  The Delisting is expected to become effective at 8.00 a.m. on 28 July 2021 and the AIM Admission is expected to become effective at 8.00 a.m. on the same date, 28 July 2021.  The Company's EPIC code (TIDM or ticker) will continue to be SPO.

 

Unless otherwise defined herein, capitalised terms in this announcement have the same meaning as in the shareholder circular published on 4 June 2021 available on the Company's website at www.sportechplc.com.

 

Notes:

A vote withheld is not a vote in law and is not counted in the calculation of the percentage of the votes validly cast for or against the resolution.

 

As at the time of the meeting, the Company had 188,751,257 Ordinary Shares in issue and as such this has been used to calculate the percentage of votes in favour or against the resolution. Each of these shares carry one vote. The Company held no shares in treasury.

 

A copy of the resolution will shortly be available for inspection at the National Storage Mechanism, which is located at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

 

- Ends -

 

Contacts:

 

Sportech PLC

Tel: +44 (0) 117 902 9000

Giles Vardey, Chairman

Richard McGuire, Chief Executive Officer

 

 

 

 

Peel Hunt

Tel: +44 (0) 20 7418 8900

(Corporate Broker to Sportech)

George Sellar / Andrew Clark / Will Bell

 

 

 

 

Buchanan

Tel: +44 (0) 20 7466 5000

(Financial PR adviser to Sportech)

Henry Harrison-Topham / Jamie Hooper

sportech@buchanan.uk.com

 

Notes to Editors:

 

About Sportech

Sportech PLC, an international betting technology business, delivers solutions and services for gaming companies, casinos and lottery clients in highly regulated markets. Sportech also owns and operates gaming venues and digital betting platforms in Connecticut under exclusive licences.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
ROMFZGZVLLZGMZG

Companies

Sportech (SPO)
UK 100

Latest directors dealings