Business
Result of AGM and GM-(Replacement)
Result of AGM and GM-(Replacement).
About this update from Time Finance Plc
[{"type":"text","content":"\n \nRNS Number : 9201L 1PM PLC 16 August 2013 \n \n\nThe following amendment has been made to the 'Result of AGM and GM and Approval of Capital Reorganisation' announcement released on 16 August 2013 at 11.13 a.m. under RNS No 8912L.\n \nThe original announcement incorrectly stated that the Company's new ISIN was GB00BCDBXK4 when it should have been GB00BCDBXK43. \n \nAll other details remain unchanged.\n \nThe full amended text is shown below.\n \n \n16 August 2013\n1PM PLC\n(AIM: OPM)\n \nResult of AGM and GM\nand\nApproval of Capital Reorganisation\n \n1pm plc (\"1pm\" or \"the Company\"), the AIM traded specialist provider of asset finance facilities to the SME sector, announces that all the resolutions proposed at its AGM held today were duly passed. In addition at the General Meeting which followed the AGM, all the resolutions proposed, including one in relation to the Capital Reorganisation details of which were set out in a Circular to shareholders dated 19 July 2013, were passed. \n \nUnder the Capital Reorganisation, every Existing Ordinary Share is being consolidated into New Ordinary Shares on the basis of 0.006818 New Ordinary Shares for each 1 Existing Ordinary Share. The Capital Reorganisation will become effective immediately following close of business on 16 August 2013.\n \nApplication has been made for the 29,969,329 New Ordinary Shares to be admitted to trading on AIM. Dealings are expected to commence on 19 August 2013. The New Ordinary Shares will trade under the ISIN: GB00BCDBXK43 and SEDOL: BCDBXK4.\n \nExisting share certificates will cease to be valid following the Capital Reorganisation. New share certificates in respect of the New Ordinary Shares are expected to be issued on or around 26 August 2013. A CREST Shareholder will have their CREST account credited with their New Ordinary Shares following Admission.\n \nIn accordance with the provisions of the Disclosure and Transparency Rules of the Financial Conduct Authority, the Company confirms that, following this issue, its issued share capital will comprise 29,969,329 Ordinary Shares of 10p each. All of the Ordinary Shares have equal voting rights and none of the Ordinary Shares are held in Treasury. The total number of voting rights in the Company is ...