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Patisserie Hldgs PLC (CAKE)

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Thursday 01 November, 2018

Patisserie Hldgs PLC

Result of Meeting

RNS Number : 0571G
Patisserie Holdings PLC
01 November 2018
 

For immediate release

 

1 November 2018

Patisserie Holdings plc

 

Result of General Meeting

Patisserie Holdings plc (AIM: CAKE) ("PH" or the "Company") announces that following the General Meeting held earlier today, the Resolutions required to implement the Conditional Placing, which were each held on a poll, were duly passed by the requisite majorities.  The number of proxies received in respect of the Resolutions were as follows:


Resolution

Total votes for

%

Total votes against

%

Total votes cast


Votes withheld

1.    

To authorise the directors' to allot the Conditional Placing Shares in connection with the Conditional Placing

 

92,067,956

99.68

296,487

0.32

92,364,443


194

2.    

To disapply statutory pre-emption rights in relation to the issue of the Conditional Placing Shares for cash in connection with the Conditional Placing

 

91,952,439

99.56

409,612

0.44

92,362,051


2,586

 

Notes

1.     Any proxy appointments which gave discretion to the Chairman have been included in the "Total votes for" total.

 

2.     A "Vote Withheld" is not a valid vote in law and was not counted in the calculation of the proportion of the votes "For" or "Against" a resolution.


The Conditional Placing remains conditional upon Conditional Admission which is expected to become effective at 8.00 a.m. on 2 November 2018.

Following Conditional Admission, the total number of Ordinary Shares in issue with voting rights will be 135,322,432 Ordinary Shares and Shareholders may use this figure as the denominator for the calculations by which they will determine if they are required to notify their interest in, or change to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

While the Directors of the Company did not participate in the Placings their revised percentage holdings are as follows:

Director

Shareholding

% of issued share capital

 

Luke Johnson

 

 

38,621,181

 

28.54%

 

Paul May

 

 

4,554,000

 

3.37%

 

Lee Ginsberg

 

 

18,823 

 

0.01%

 

James Horler

 

 

100,000

 

 

0.17%

 

Capitalised terms used but not otherwise defined in this announcement shall have the same meanings given to them in the Company's circular to Shareholders published on 16 October 2018.

Enquiries:

Patisserie Holdings plc                        +44 (0)121 777 7000

Luke Johnson, Executive Chairman

Paul May, Chief Executive Officer

 

Nomad and Broker

Canaccord Genuity Limited                  +44 (0)20 7523 8000

Chris Connors

Henry Fitzgerald-O'Connor

 

Financial Public Relations

Maitland                                               +44 (0) 20 7379 5151

Sam Cartwright

Jonathan Cook


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 [email protected] or visit www.rns.com.
 
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