Business
Result of General Meeting
Result of General Meeting.
About this update from Ig Design Group Plc
[{"type":"text","content":"\n \nRNS Number : 6611C IG Design Group PLC 11 February 2020 \n\nTHIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, THE REPUBLIC OF IRELAND, SWITZERLAND, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.\n11 February 2020\nIG Design Group plc\n(\"Design Group\", the \"Company\" or the \"Group\")\nResult of General Meeting\n \nIG Design Group plc, one of the world's leading designers, innovators and manufacturers of celebrations, gifting, stationery and creative play products, announces that, at the General Meeting held at 1.00 p.m. today, all resolutions were duly passed. Accordingly, it is expected that Admission will become effective and dealings in the Second Tranche Placing Shares will commence at 8.00 a.m. on 12 February 2020.\n \nIssue of Equity, Admissions and Total Voting Rights \n \nA total of 17,291,067 New Ordinary Shares are being issued and allotted pursuant to the Placing, comprising of 7,887,347 First Tranche Placing Shares that were admitted to trading at 8.00 a.m. on 24 January 2020 and 9,403,720 Second Tranche Placing Shares that are expected to be admitted to trading at 8.00 a.m. on 12 February 2020. The Placing Shares are being credited as fully paid and will be identical to and rank pari passu in all respects with the existing Ordinary Shares.\n \nFollowing Admission of the Second Tranche Placing Shares, the issued share capital of the Company will consist of 96,366,796 Ordinary Shares, with one voting right each. The Company does not hold any Ordinary Shares in treasury.\n \nThe above figures may be used by Shareholders in the Company 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 share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.\n \nFurther details of the Second Tranche Placing can be found in the announcement published by the Company at 4.35 p.m. (UK) on 20 January 2020 regarding the proposed Bookbuild and the circular posted to shareholders on 21 Janu...