Business
Result of EGM
Result of EGM.
About this update from Nwf Group Plc
[{"type":"text","content":"\n NWF Group PLC\n21 December 2005\n\n\n\nFor immediate release: 21 December 2005\n\n\n\n NWF GROUP PLC\n\n RESULT OF EGM AND PLACING\n\nNWF Group plc ('NWF' or 'the Company'), the diversified sales and distribution\nbusiness, announces that at an Extraordinary General Meeting held today, the\nresolution in connection with the placing of 1,071,843 new ordinary shares (the\n'Placing Shares') announced on 25 November 2005 was duly passed.\n\nThe Placing Shares will be issued credited as fully paid and will rank pari\npassu in all respects with NWF's existing Ordinary Shares, including the right\nto receive any dividend or other distributions thereafter declared, made or\npaid.\n\nApplication has been made to the London Stock Exchange for the Placing Shares to\nbe admitted to trading on AIM. It is expected that Admission will become\neffective and that trading will commence tomorrow, 22 December 2005.\n\nGraham Scott, Chief Executive of NWF commented: 'This successful placing,\nraising £5.7 million (net of expenses) for the Company, will assist with the\nfinancing of our plans for the Distribution division. We have broadened the\ninstitutional shareholder base of the Company and I would like to welcome new\nshareholders and thank existing shareholders for their support. We look forward\nto updating all shareholders on the Company's performance at the time of our\ninterim results, to be announced in early February 2006.'\n\n\n\nFor further information please visit www.nwf.co.uk or contact:\n\nGraham Scott, Chief Executive Mark Taylor John West / Claire Melly\nNWF Group plc Charles Stanley & Co. Tavistock Communications\nTel: 01829 260 260 Tel: 020 7739 8200 Tel: 020 7920 3150\n\n\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange\n \n ","length":2062,"tagName":"div"}]