Results of Court Meeting and General Meeting

Summary by AI BETAClose X

Cordel Group PLC announces that at both the Court Meeting and General Meeting held today, the necessary majority of shareholders voted in favour of the recommended cash acquisition by Vossloh AG. This signifies a crucial step towards the acquisition's completion, which is expected to become effective in the third quarter of 2026, following court sanction and regulatory approvals. The acquisition will result in the cancellation of Cordel Shares' admission to trading on AIM.

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