Business
AGM and EGM Results
AGM and EGM Results.
About this update from James Cropper Plc
[{"type":"text","content":"\n Cropper(James) PLC\n01 August 2007\n\n\nIssued on behalf of James Cropper PLC by Citigate Dewe Rogerson, Birmingham\nDate: Wednesday, 1 August 2007\n\nIMMEDIATE RELEASE\n James Cropper PLC\n ('Group' or 'Company')\n Annual General Meeting ('AGM') and\n Extraordinary General Meeting ('EGM')\n Voting and Proxy Results\n\nAt today's Annual General Meeting all resolutions put to the Meeting were duly\npassed by shareholders of James Cropper PLC. Proxy voting results relating to\nResolutions are shown below in Table A.\n\nShareholders also approved at an Extraordinary General Meeting held after the\nAGM a special resolution to approve the cancellation of the listing of the\nCompany's ordinary shares on the Official List of the UK Listing Authority and\ntrading of such shares on the London Stock Exchange's market for listed\nsecurities and to request the Directors of the Company to apply for admission of\nthe Group's ordinary shares of 25 pence each to be traded on the AIM market of\nthe London Stock Exchange. Proxy voting results are shown on Table B below.\n\nIt is expected that the issued Ordinary Shares in the Group will be admitted to\ntrading on AIM and that dealings will commence at or shortly after 8am on Friday\n31 August 2007. The listing of the issued Ordinary Shares on the Official List\nwill be cancelled, and dealings on the London Stock Exchange's market for listed\nsecurities will cease, at the same time.\n\nJames Cropper, Chairman, James Cropper PLC said:\n'The Board believes that AIM, which has proved to be a successful and robust\ntrading platform, is a more appropriate market for the Company's shares.\n\n'AIM also provides, in our opinion, a more flexible and cost-effective\nenvironment for a Company of our size and stage of development which will enable\nthe business to agree and execute transactions more quickly should any\nacquisition or other development opportunities arise in the future.\n\n'We see ourselves as continuing to be attractive to specialist institutional\ninvestors while the AIM tax regime will, we believe, also make us more\nattractive to AIM specific funds as well as to retail investors.'\n\n\nTable A\n\nAnnual General Meeting and Extraordinary General Meeting 1 August 2007 Voting\nand Proxy Results\n\nResolution For Against Total\n\n1 1,678,803 0 1,678,803\n2 1,678,803 0 1,678,803\n3 1,677,303...