Ten Entertainment Group PLC Results of a General Meeting (4476H)
June 07 2017 - 8:45AM
UK Regulatory
TIDMTEG
RNS Number : 4476H
Ten Entertainment Group PLC
07 June 2017
7 June 2017
Ten Entertainment Group Plc
('Company')
Results of a General Meeting
At a General Meeting of the Company today, the Board's
recommendation for a capital reduction was approved by
shareholders. Subject to the High Court and other necessary
approvals, this result will enable the Company to increase its
distributable reserves by approximately GBP38.2m and support future
dividend payments.
The resolutions were passed on a poll and the results are shown
below.
Resolution Nature For Against Withheld
Number of Resolution
----------- ------------------ -------------------- --------------- ----------- --------- -------
Votes %age Votes %age Total Votes %age
of of votes of
votes votes cast ISC
cast cast voted
----------- ------------------ ----------- ------- ------ ------- ----------- --------- -------
To:
(a) grant
the directors
of the
Company
authority
to capitalise
the Company's
merger
reserve
and to
allot
B ordinary
shares
in the
capital
of the
Company;
and
(b) set
out the
rights
and restrictions
which
shall
apply
to the
B ordinary
1 shares. 57,902,776 100.00 0 0.00 57,902,776 0 89.08
----------- ------------------ ----------- ------- ------ ------- ----------- --------- -------
Approval
of a capital
reduction
by way
of the
cancellation
of all
of the
B ordinary
shares
2 in issue. 57,902,776 100.00 0 0.00 57,902,776 0 89.08
----------- ------------------ ----------- ------- ------ ------- ----------- --------- -------
Notes:
1. Any proxy votes which were at the discretion of the Chairman
have been included in the "for" total.
2. The issued share capital as at 10.30 a.m. on 5 June 2017 was
65,000,000 ordinary shares of 1p each and the number of votes per
share is one. This figure has been used to calculate the percentage
of issued share capital voted.
Both of the resolutions were passed as special resolutions. As
required by the Listing Rules, a copy of all the resolutions
passed, other than those concerning ordinary business, will be
submitted to the National Storage Mechanism and will shortly be
available for inspection at
http://www.morningstar.co.uk/uk/nsm.do.
The form of each of the above resolutions as passed accords with
the corresponding item on the Notice of General Meeting which is
available for viewing or downloading from the Company's website
www.tegplc.co.uk. A copy of any or all of the resolutions may be
obtained by writing to the Company Secretary at the Registered
Office: Ten Entertainment Group Plc, Aragon House, University Way,
Cranfield Technology Park, Cranfield, Bedford MK43 0EQ.
Mark Willis
Company Secretary
For further information please contact:
Ten Entertainment Group via Instinctif
plc Partners
Alan Hand, Chief Executive
Officer
Mark Willis, Chief Financial
Officer
Instinctif Partners
Matthew Smallwood
Guy Scarborough 020 7457 2020
This information is provided by RNS
The company news service from the London Stock Exchange
END
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