Hansteen Holdings plc Announcement of the General Meeting poll results (6128K)
April 11 2018 - 8:34AM
UK Regulatory
TIDMHSTN
RNS Number : 6128K
Hansteen Holdings plc
11 April 2018
11 April 2018
HANSTEEN HOLDINGS PLC
("Hansteen" or, the "Company")
Proposed Return of GBP145 million of Capital
(representing 35 Pence per Ordinary Share)
Announcement of the General Meeting poll results 11 April
2018
Hansteen, the industrial property investor, announces that at
its General Meeting held today, the sole resolution (a Special
Resolution) set out in the Notice of the Meeting in relation to the
proposed reduction of the Company's share premium account and
cancellation of the Company's capital redemption reserve by an
aggregate amount of c. GBP145 million, and payment of such amount
to the Shareholders as a Return of Capital, representing 35 pence
per Ordinary Share, was passed by Shareholders by way of poll. As
described in the Circular to Shareholders dated 20 March 2018, the
Reduction and Return of Capital remain subject to confirmation of
the Court.
The results of the poll for the sole resolution were as
follows:
Resolution Shares % Shares % Shares Marked
(No. as noted For Against As Votes
on proxy form) Withheld
/ Abstentions
----------------- ------------ ------- --------- ------- ---------------
1. To approve
the Return
of Capital 310,764,846 99.99% 40,438 0.01% 547,551
----------------- ------------ ------- --------- ------- ---------------
Notes:
1. Votes "For" and "Against" are expressed as a percentage of votes received.
2. A vote "withheld" is not a vote in law and is not counted in
the calculation of the % of shares voted "For" or "Against" a
resolution.
3. Total number of shares in issue at close of business on 9
April 2018 was 412,946,995 ordinary shares. Excluding votes
withheld, up to 75.27% of voting capital was instructed.
4. These proxy results will be available shortly on the
Company's website at www.hansteen.co.uk
EXPECTED TIMETABLE OF EVENTS
Court Hearing 1 May 2018
Record Date for Return of Capital 6.00 p.m. on
2 May 2018
Ordinary Shares commence trading 8.00 a.m. on
ex-entitlement to Return of 3 May 2018
Capital
Registration of Court Order 3 May 2018
and Effective Date of Return
of Capital
Despatch of cheques to Shareholders On or around
or Shareholders' CREST accounts 11 May 2018
credited (as appropriate) in
respect of Return of Capital
entitlements
Enquiries:
Hansteen Holdings PLC Tel: +44 (0)
Morgan Jones 20 7408 7000
Ian Watson
Peel Hunt (Financial Adviser, Sponsor Tel: +44 (0)
and Broker) 20 7418 8900
Capel Irwin
Tavistock Tel: +44 (0)
Jeremy Carey 20 7920 3150
Kirsty Allan
This information is provided by RNS
The company news service from the London Stock Exchange
END
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