Brulines (Holdings) PLC
22 November 2007
Brulines (Holdings) PLC
Result of EGM
The Company announces that the resolution which was put to yesterday's
Extraordinary General Meeting, reproduced below, was duly passed.
'That the Company be generally and unconditionally authorised for the purposes
of section 166 of the Companies Act 1985 ('Act') to make market purchases
(within the meaning of section 163 of the Act) of ordinary shares of 10 pence
each in the capital of the Company ('ordinary shares') provided that:
(a) the maximum aggregate number of ordinary shares hereby authorised to be
purchased is 2,411,610 representing 10% of the Company's issued ordinary share
capital at the date of this notice;
(b) the minimum price, exclusive of any expenses, which may be paid for an
ordinary share is 10 pence;
(c) the maximum price, exclusive of any expenses, which may be paid for any such
share is an amount equal of 105% of the average of the middle market quotations
for an ordinary share taken from the AIM appendix to the London Stock Exchange
Daily Official List for the five business days immediately preceding the date on
which such share is contracted to be purchased;
(d) the authority hereby conferred shall expire on the earlier of 21 November
2008 or the close of the next Annual General Meeting of the Company; and
(e) the Company may make a contract for the purchase of ordinary shares under
this authority before the expiry of this authority, which would or might be
executed wholly or partly after the expiry of such authority, and may make
purchases of ordinary shares in pursuance of such a contract as if such
authority had not expired.'
For further information, please contact:
James Dickson (Chief Executive) / Mark Foster (Finance Director)
T: +44 (0) 1642 358 800
Gerry Beaney / Fiona Kindness, Grant Thornton UK LLP (Nominated Adviser)
T: +44 (0) 720 383 5100
This information is provided by RNS
The company news service from the London Stock Exchange
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