Avon Rubber PLC
13 June 2006
13 June 2006
AVON RUBBER PLC
('Avon Rubber')
Result of EGM
On 22 May 2006, Avon Rubber announced that the Company had entered into a
conditional agreement to sell Avon Automotive to Petrol Automotive Holdings Inc.
a company established and controlled by Red Diamond Capital Partners, L.P. and a
management team led by Leland Richards.
The ordinary resolution to approve the disposal was duly passed at the
Extraordinary General Meeting held earlier today.
Subject to all conditions having been satisfied, completion of the disposal is
expected to take place no later than 31 July 2006.
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For further enquiries, please contact:
Avon Rubber p.l.c 01225 896831
Terry Stead, Chief Executive
Peter Slabbert, Group Finance Director
(Local/Trade Press) 01225 896300
Fiona Stewart
Weber Shandwick Square Mile 020 7067 0700
Richard Hews
Rachel Taylor
Stephanie Badjonat
NOTES TO EDITORS:
Avon Rubber p.l.c. is an international polymer engineering group adding value
through material, manufacturing and industry sector expertise. The Group is
currently capitalised at approximately £50 million.
This information is provided by RNS
The company news service from the London Stock Exchange