Business
Results of General Meeting
Results of General Meeting.
About this update from Alumasc Group Plc
[{"type":"text","content":"\n \n \n RNS Number : 6726K\n Alumasc Group PLC\n 23 April 2020\n \n \n \n The Alumasc Group plc\n23 April 2020\n \n The Alumasc Group plc\n(\"Alumasc\" or the \"Company\")\n Proposed Capital Reorganisation\n Results of General Meeting\n Alumasc, the sustainable building products, systems and solutions group, announces that the resolutions seeking approval from shareholders of the proposed reorganisation of the capital of the Company (the \"Capital Reorganisation\") were passed at the General Meeting held earlier today.\n The Capital Reduction, as described in the circular sent to shareholders on 31 March 2020 (the \"Circular\") and which is available at the Company's website (www.alumasc.co.uk), remains subject to the Court's approval and an application will be made to the Court in this regard.\n A further announcement will be issued in due course.\n Following the proposed Capital Reorganisation, increased distributable reserves will be available to the Company for, among other things, future dividend payments.\n Capitalised terms used in this announcement but not otherwise defined have the same meanings as set out in the Circular.\n Enquiries:\n \n \n \n The Alumasc Group plc\n \n Paul Hooper (Chief Executive)\n Helen Ashton (Company Secretary)\n \n \n \n +44 (0)1536 383 844\n \n \n \n \n finnCap Ltd (Nomad)\n \n Julian Blunt\n \n \n \n +44 (0)20 7220 0500\n \n \n \n \n Peel Hunt (Broker)\n \n Mike Bell\n \n \n \n +44 (0)207 7418 8831\n \n \n \n \n Camarco:\n \n Ginny Pulbrook\nTom Huddart\n \n \n \n \n \n 020 3757 4992\n020 3757 4991\n Email: [email protected]\n \n \n \n \n Notes to Editors:\n Alumasc is a UK-based supplier of premium building products, systems and solutions. Almost 80% of group sales are driven by building regulations and specifications (architects and structural engineers) because of the performance characteristics offered.\n The Group has three business segments with strong positions and brands in their individual markets. The three segments are: Building Envelope; Water Management; and Housebuilding Products.\n \n \n \n \n \n This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United ...