TIDMDODS

RNS Number : 7517V

Dods Group PLC

16 April 2021

16 April 2021

Dods Group plc

("Dods", the "Company" or "the Group")

Result of General Meeting

Change of Name, Consolidation and Sub division and Result of Class Meeting

Result of General Meeting

Dods Group Plc (AIM:DODS) announces that, at the Company's General Meeting held at 11.00am today, all resolutions put to the meeting were duly passed.

Resolutions 1, 2, 3 and 4 were passed as special resolutions and resolutions 5 and 6 were passed as ordinary resolutions. The results of the vote incorporated proxy votes lodged in advance of the meeting, which are set out below.

The Company's proposed Capital Reorganisation, details of which were set out in, and as defined in, the notice of General Meeting mailed to all shareholders on 1 April 2021, will therefore become effective at close of business today, and dealings in the Company's existing ordinary shares of one pence each will also cease at this time.

Following the Capital Reorganisation, the Company will have 20,788,375 new ordinary shares of 28 pence each admitted to trading on AIM. Dealings in the Company's new ordinary shares are expected to commence at 8.00 a.m. on 19 April 2021. The ISIN code for the new ordinary shares is GB00BNYKJJ86 and the SEDOL number is BNYKJJ8.

A separate announcement will follow to confirm when the Group's name change is effective.

 
                            Votes for      %      Votes against     %     Total votes     Votes 
                                                                              cast       withheld 
      Capitalise the 
       amount standing 
       to the credit 
       of the merger 
       reserve of the 
 1.    Company             443,906,138   99.999       6,000       0.001   443,912,138       0 
     -------------------  ------------  -------  --------------  ------  ------------  ---------- 
      Cancel Company's 
 2.    deferred shares     443,906,138   99.999       6,000       0.001   443,912,138       0 
     -------------------  ------------  -------  --------------  ------  ------------  ---------- 
      Company name 
       change to "Merit 
 3.    Group plc"          443,906,138   99.999       6,000       0.001   443,912,138       0 
     -------------------  ------------  -------  --------------  ------  ------------  ---------- 
      Adopt new Articles 
 4.    of Association      443,906,138   99.999       6,000       0.001   443,912,138       0 
     -------------------  ------------  -------  --------------  ------  ------------  ---------- 
      Consolidate 
       existing ordinary 
 5.    shares              443,906,138   99.999       6,000       0.001   443,912,138       0 
     -------------------  ------------  -------  --------------  ------  ------------  ---------- 
      Sub-divide all 
       consolidated 
 6.    ordinary shares     443,581,138   99.93       331,000      0.07    443,912,138       0 
     -------------------  ------------  -------  --------------  ------  ------------  ---------- 
 

Notes:

1. Any proxy appointments which gave discretion to the chairman of the meeting have been included in the 'For' total.

2. A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes "for" and "against" a resolution, nor in the calculation of "total votes cast" for any resolution.

3. The issued share capital of the Company as at the date of the General Meeting was 582,071,380ordinary shares.

Result of Class Meeting

Dods Group also announces that in the Class Meeting at 11.10am today by deferred shareholders, the resolution to cancel the deferred shares created in 2012 was passed. Subject to Court approval, the Company's 151,998,453 deferred shares of GBP0.09 will be cancelled.

 
                             Votes for     %    Votes against   %   Total votes     Votes 
                                                                        cast       withheld 
      Cancel the Company's 
 1.    deferred shares       39,427,043   100         0         0   39,429,770        0 
     ---------------------  -----------  ----  --------------      ------------  ---------- 
 

For further information, please contact:

Dods Group plc

   Mark Smith - Non-Executive Chairman                                        020 7593 5500 

www.dodsgroup.com

Canaccord Genuity Limited (Nomad and Broker)

Bobbie Hilliam 020 7523 8150

Georgina McCooke

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April 16, 2021 06:30 ET (10:30 GMT)