Business
Adjournment of EGM
Adjournment of EGM.
About this update from Impax Asset Management Group Plc
[{"type":"text","content":"\n Impax Group PLC\n07 February 2007\n\nImpax Group plc - Adjournment of EGM\n\n\n\nA special resolution to authorise Impax Group plc (the 'Company') to increase\nthe number of Ordinary Shares in respect of which awards may be made under the\nImpax Group Employee Benefit Trust 2005 to 24,250,000 Ordinary Shares, was to be\nproposed at an Extraordinary General Meeting on 9 February 2007 (the 'EGM').\nHowever, following further discussions with shareholders of the Company, the\nBoard has concluded that it should design and put forward new long-term\nincentive arrangements rather than seek approval for a variation of the existing\narrangements.\n\n\nAccordingly, the directors intend to seek an adjournment of the EGM to a date to\nbe fixed in due course.\n\n\nFor further information, please contact:\n\nKeith Falconer, Chairman. Tel 07747 066637\n\nIan Simm, Chief Executive. Tel 020 7434 1122\n\n\n\n\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange WSWSESE \n ","length":1293,"tagName":"div"}]