Business
Result of Meeting
Result of Meeting.
About this update from Great Portland Estates Plc
[{"type":"text","content":"\n \nRNS Number : 4566F Great Portland Estates PLC 17 May 2017 \n\n17 May 2017\n \nGreat Portland Estates plc\n \n \nResults of General Meeting, Share Consolidation, amendment to Official List, and Total Voting Rights\n \nFurther to the circular posted to its shareholders on 19 April 2017 (the \"Circular\"), Great Portland Estates plc (\"GPE\" or the \"Company\") announces that at the General Meeting held today to approve the Share Consolidation, all resolutions proposed to shareholders set out in the notice of General Meeting dated 19 April 2017 were passed by the requisite majority on a poll. Accordingly, GPE announces that the Company's Share Consolidation will become effective tomorrow, Thursday, 18 May 2017.\n \nThe Share Consolidation will replace every 20 existing ordinary shares of 12.5 pence each with 19 new ordinary shares of 133/19 pence each (the \"New Ordinary Shares\"). An application has been made to the UK Listing Authority for the Official List to be amended for the New Ordinary Shares, which are expected to commence trading on the London Stock Exchange at 8.00 a.m. on Thursday, 18 May 2017. The New Ordinary Shares will have an ISIN of GB00BZ0XJR39 and a SEDOL of BZ0XJR3.\n \nVoting Rights\n \nPrior to the Share Consolidation becoming effective, the Company's issued share capital is 343,926,160 ordinary shares of 12.5 pence each. For the purposes of the Financial Conduct Authority's Disclosure Guidance and Transparency Rules, the Company's issued share capital as at 8.00 a.m. on Thursday 18 May 2017 (the effective time of the Share Consolidation) will consist of 326,729,852 New Ordinary Shares of 133/19 pence each. The Company currently holds no shares in treasury and as at the date and time at which the Share Consolidation becomes effective, the Company will hold no shares in treasury. \n \nThe decrease in the issued share capital and total voting rights results from the consolidation of shares. \n \nThe above figure of 326,729,852 total voting rights as at 8.00 a.m. on Thursday 18 May 2017 (the effective time of the Share Consolidation) may be used by shareholders as the denominator for the calculations by which they will determine (if they are required to notify) their interest in, or a change to their interest in, the Company under the Fina...