Alexander David Securities Grp PLC Result of EGM (8165I)
July 08 2013 - 7:12AM
UK Regulatory
TIDMADS
RNS Number : 8165I
Alexander David Securities Grp PLC
08 July 2013
Alexander David Securities Group plc
('ADS' or the 'Company')
Result of General Meeting
The board of ADS announces that, at the General Meeting of the
Company held today, all resolutions were passed.
However, as set out in the announcement of 21 June and circular
to shareholders of the same date, the Proposals are conditional on
approval from the Financial Conduct Authority ("FCA") for the ADHL
Share Transfer. This has not yet been forthcoming, and, until such
time as it is granted, the Proposals will not be able to come into
force.
The delay in the Proposals coming into force in no way affects
the existing operations of Alexander David Securities Limited which
continue to operate normally.
The Directors will make a further announcement as soon as
notification is received from the FCA.
All terms in this announcement have the same meaning as in the
circular published by the Company on 21 June 2013.
For further information please see www.ad-securities.com or
contact:
Michael Hicks, Chairman
David Scott, Chief Executive Alexander David Securities Group plc 020 7448 9800
Nominated Adviser
James Caithie/Avi Robinson Cairn Financial Advisers LLP 020 7148 7900
Broker to the Placing
Eran Zucker/Heena Karani Peterhouse Corporate Finance Limited 020 7469 0932
This information is provided by RNS
The company news service from the London Stock Exchange
END
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