TVC HOLDINGS PLC 27 June 2014
TVC HOLDINGS PLC
RESULTS OF ANNUAL GENERAL MEETING
AND EXTRAORDINARY GENERAL MEETING
At the Annual General Meeting and the Extraordinary General Meeting of TVC Holdings plc ("TVC" or the "Company") both held on Friday, 27 June 2014 all of the resolutions considered and voted upon by the shareholders were approved. The full text of each resolution was included in the notices of the meetings circulated to shareholders.
Resolution 5 of the Extraordinary General Meeting was passed on a poll. The votes cast in respect of the resolution on such poll (whether by proxy received prior to the meeting or in person at the meeting) are set out below.
Resolution | Votes For | Votes Against | Votes Withheld |
5. To approve the increase in the aggregate percentage of the Share Capital held by the Concert Party up to 30.7 per cent. for the purpose of Rule 9 of the Takeover Rules. | 42,507,592 | 1,041,903 | - |
The EGM was convened for the purposes of seeking Shareholder approval for a package of proposals relating to the reorganisation of the Company's business, including a significant liquidity event for Qualifying Shareholders and other proposals intended to facilitate the orderly realisation of the Company's remaining assets, including, in particular, the cancellation of the admission to trading of the Ordinary Shares on AIM and ESM.
The Board has also resolved to cancel all of the 9,583,652 Ordinary Shares held by the Company as treasury shares.
It is anticipated that trading in the Ordinary Shares on AIM and ESM will cease at the close of business on 25 July 2014 with the AIM and ESM Cancellation taking effect from 7.00 a.m. on 28 July 2014.
Contact Information:
TVC Holdings plc
Shane Reihill, Executive Chairman
John Tracey, Chief Executive Officer
Tel: +353-1-2057700
Davy
John Frain
Tel: +353-1-6796363
Murray Consultants
Pauline McAlester
Tel: +353-1-4980300
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