Digital Globe Services Limited Result of AGM and SGM (6164P)

TIDMDGS

RNS Number : 6164P

Digital Globe Services Limited

18 November 2016

Digital Globe Services, Ltd.

(the "Company", the "Group" and together with its subsidiaries "DGS")

Result of AGM and SGM

The Board of Digital Globe Services, Ltd. (AIM: DGS), a leading provider of digital marketing solutions for large, consumer-facing organisations, is pleased to announce that all resolutions were duly passed at its Annual General Meeting ("AGM") held today.

Additionally, the Board of DGS is pleased to announce that the special resolution proposed at the Company's Special General Meeting ("SGM") held today, to approve the cancellation of the admission of the Company's ordinary shares to trading on the AIM market of the London Stock Exchange, was also duly passed by shareholders.

The special resolution is conditional on the cash offer by the Resource Group International Limited ("TRGI") to acquire the entire issued and to be issued share capital of the Company not already controlled by TRGI and persons acting in concert with it (the "Offer"), becoming or being declared wholly unconditional in all respects.

Following the acceptance and passing of the special resolution and assuming the Offer has become or been declared wholly unconditional in all respects and no earlier than 7.00 am on 25 November 2016, the last day of dealings in ordinary shares on AIM is expected to be 29 November 2016 and the date and time that the admission to trading on AIM is expected to be cancelled is 07:00 am on 30 November 2016.

 
 Resolution           Votes        %      Votes       %        Total       Votes 
                        for             against                Votes    withheld 
                                                                cast 
--------------  -----------  -------  ---------  ------  -----------  ---------- 
 Cancellation 
  of AIM 
  listing        21,316,133   99.99%      3,000   0.01%   21,319,133           - 
 

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

For further information please contact:

 
 Digital Globe Services,     www.dgsworld.com 
  Ltd. 
 Jeff Cox, CEO               [phone] 
 
 Panmure Gordon (UK) 
  Limited 
 Karri Vuori / Andrew 
  Godber/ James Greenwood 
  / William Wickham           [phone] 
 
 
 Alma PR                      [phone] 
  Josh Royston/               / 
  Hilary Buchanan             [phone] 
 
 
 

Overview of DGS

Founded in 2008 with offices in London, Bermuda, Netherlands, USA and Ireland, DGS is a specialist provider of outsourced online customer, lead, and inquiry acquisition and digital media solutions for large, consumer-facing corporations. DGS delivers customers to its clients through optimised paid search, search engine optimization, mobile, integrated websites, e-mail, social media and contact centre support, receiving a fee for each customer acquired for its clients.

DGS is seeking to establish itself as the leading international provider of outsourced online customer, lead and inquiry acquisition, services, through its focus on having the premier technology platform in the industry. By using its optimising technology platform, dgSMART, and its experience of website management and digital media customer acquisition, efficient contact centre operations and other process expertise, DGS is able to acquire customers and achieve conversion rates that deliver profitable, high quality customers and valuable leads and inquiries to its clients.

DGS employs over 700 staff in Europe, North America and Asia. The Company currently has over 100 direct and indirect client relationships globally, many of which are with companies in the US Fortune 500.

This information is provided by RNS

The company news service from the London Stock Exchange

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November 18, 2016 11:00 ET (16:00 GMT)