Business
Result of Meeting
Result of Meeting.
About this update from Currys Plc
[{"type":"text","content":"\n\nFOR IMMEDIATE RELEASE\nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION.\n\n \nCurrys plc (\"Company\", \"Group\" or \"Currys\") Results of the General Meeting\n\nOn 3 November 2023, Currys plc announced that it had entered into an agreement for the sale of Dixons South East Europe A.E.V.E., the holding company of Currys' entire Greece and Cyprus retail business, trading as Kotsovolos (\"Kotsovolos\"), to Public Power Corporation S.A. (\"PPC\" or the \"Purchaser\") (the \"Disposal\").\nCurrys is pleased to announce that at the General Meeting held earlier today, the resolution seeking approval of the Disposal was duly approved by the requisite majorities on a poll, with 904,170,946 votes submitted in favour.\nFull details of the vote are set out below\n\n\n\n\nRESOLUTION\n\n\nVOTES FOR\n\n\n% FOR\n\n\nVOTES AGAINST\n\n\n% AGAINST\n\n\n% ISC VOTED\n\n\nVOTES WITHHELD\n\n\n\n\nTo approve the Disposal and to authorise the Currys directors to do everything to give effect to the Resolution\n\n\n904,170,946\n\n\n99.99%\n\n\n48,460\n\n\n0.01%\n\n\n79.77%\n\n\n47,774\n\n\n\n\n \nCompletion of the Disposal is expected take place in the first quarter of 2024, subject to merger control clearance from the European Commission or the Hellenic Competition Commission, and certain other conditions.\nNotes:\n1. The full text of the Resolution is set out in the notice of general meeting in the circular posted to Currys shareholders.\n2. The total number of ordinary shares of 0.1p each in issue on the share register as at the date of meeting was 1,133,494,651 and all of these have voting rights.\n3. Percentages above are rounded to 2 decimal places.\n4. A vote 'Withheld' is not a vote in law and is not counted in the calculation of the proportion of votes 'For' or 'Against' a resolution, the total votes validly cast or the calculation of the proportion of issued share capital voted.\nIn accordance with Listing Rule 9.6.2R, a copy of the resolution passed at the General Meeting has been submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalst...