Business
Result of General Meeting
Result of General Meeting.
About this update from Warpaint London Plc
[{"type":"text","content":"\n \nRNS Number : 8543X Warpaint London PLC 29 November 2017 \n\n29 November 2017\n \nWarpaint London PLC\n(\"Warpaint\", the \"Company\" or the \"Group\")\n \nResult of General Meeting\n \nWarpaint London PLC (AIM: W7L), the specialist supplier of colour cosmetics and owner of the W7 brand, announces that, further to the Company's announcements of 13 November 2017 in connection with the proposed acquisition of Retra Holdings Limited (the \"Acquisition\") and a placing of 11,157,894 new ordinary shares in the Company at a price of 190p per share, all resolutions put to shareholders at the general meeting held by the Company earlier today were duly passed unanimously.\n \nApplication has been made for admission of 12,210,525 new ordinary shares in the Company, including 1,052,631 Consideration Shares, to trading on AIM, which is expected on 30 November 2017. Consequently, the Acquisition is expected to complete on 30 November 2017.\n \nEnquiries:\n \n\n\n\n\nWarpaint London PLC \nSam Bazini - Joint Chief Executive Officer\nEoin Macleod - Joint Chief Executive Officer\nNeil Rodol - Chief Financial Officer \n \n\n\n020 3053 8671\n \n\n\n\n\nStockdale Securities Limited (Nominated Adviser and Broker)\nMark Brown, Antonio Bossi, Ed Thomas - Corporate Finance\nFiona Conroy - Corporate Broking\n \n\n\n020 7601 6100\n \n\n\n\n\nIFC Advisory Limited (Financial PR & IR)\nTim Metcalfe\nGraham Herring\nHeather Armstrong\nMiles Nolan\n\n\n020 3053 8671\n \n\n\n\n\n \nCapitalised terms used but not defined in this announcement are as defined in the Company's announcements of 13 November 2017.\n \n \nAbout Warpaint London PLC\n \nWarpaint London is a colour cosmetics business, based in Iver, Buckinghamshire. It is made up of two divisions: close-out and own-brand. The second and larger own-brand division consists primarily of the Group's flagship brand, W7 - an extremely creative, design-focused cosmetic brand proposition with a focus on the 16-30 age range, delivering high-quality cosmetics at affordable prices. The W7 brand has grown organically since its inception in 2002 and now contains over 500 items which are sold into high street retailers and independent beauty shops across the UK, ...