Business
Satisfaction of Shareholders' Votes Conditions
Satisfaction of Shareholders' Votes Conditions.
About this update from Future Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 7546L\n Future PLC\n 14 January 2021\n \n \n \n \n 14 January 2021 \n \n \n \n \n \n NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF THAT JURISDICTION \n \n \n \n \n \n RECOMMENDED CASH AND SHARE ACQUISITION \n \n \n of GoCo Group plc \n \n \n by Future plc \n \n \n to be effected by means of a Scheme of Arrangement \n \n \n under Part 26 of the Companies Act 2006 \n \n \n \n \n \n Satisfaction of Shareholders' Votes Conditions\n \n \n \n \n \n On 25 November 2020, the Boards of Future plc (\"Future\") and GoCo Group plc (\"GoCo Group\") announced that they had reached an agreement on the terms of a recommended acquisition of the entire issued and to be issued share capital of GoCo Group (the \"Combination\"). The Combination is to be effected by means of a scheme of arrangement of GoCo Group under Part 26 of the Companies Act 2006 (the \"Scheme\"). \n \n \n \n \n \n Future announced on 4 January 2021 that the FCA has given written notice in accordance with Part XII of FSMA of its approval of the acquisition of control of the FCA regulated subsidiary of GoCo Group by Future, thereby satisfying the FCA approval condition to the Combination.\n \n \n \n \n \n Approval by shareholders \n \n \n \n \n \n As announced by Future and GoCo Group earlier today, Future Shareholders have voted to approve the Combination at the Future General Meeting, GoCo Group Shareholders have voted to approve the implementation of Scheme at the GoCo Group General Meeting, and Scheme Shareholders have voted to approve the resolution proposed at the GoCo Group Court Meeting, thereby satisfying the shareholders' votes Conditions.\n \n \n \n \n \n Next steps\n \n \n \n \n \n Completion of the Scheme remains subject to the satisfaction or (if capable of waiver) waiver of certain remaining Conditions, \n including sanction of the Scheme by the Court at the Scheme Hearing which is anticipated to take place on 16 February 2021, and the delivery of a certified copy of the Court Order to the Registrar of Companies for registration, expected on the following day.\n \n \n \n \n \n \n \n \n \n Richard Huntingford, Chair of F...