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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Fusionex | LSE:FXI | London | Ordinary Share | JE00B8BL8C53 | ORD NPV |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 63.50 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMFXI
RNS Number : 2148I
Fusionex International PLC
15 June 2017
(Fusionex International PLC
("Fusionex" or the "Company")
Result of EGM
Fusionex, a multi-award-winning, leading software solutions provider specializing in Big Data Analytics ("BDA") and Internet of Things ("IoT"), announces that at its extraordinary general meeting held earlier today, the special resolution to approve the proposed cancellation of the admission of the Company's ordinary shares to trading on AIM was passed. The voting was carried out by way of poll.
The votes in favour of the special resolution were in excess of 85% of the total votes cast, with 43,974,048 votes in favour, 5,429,496 votes against and 0 absentions.
The Company also confirms that computation of votes from the shares of the employee benefit trust (EBT) were not needed to achieve the 75% threshold requirement for the resolution to be passed.
Accordingly, as detailed in the Company's circular and announcement of 26 May 2017, the last day of dealings in the Company's Ordinary Shares will be 26 June 2017, and at 7.00 a.m. on 27 June 2017, the Company's Ordinary Shares will be cancelled from trading on AIM.
Ivan Teh, Fusionex Chief Executive Officer says:
"I am very grateful for the overwhelming support we received from our shareholders, both UK-based as well as international, who voted in favour of the proposed delisting.
I would also like to extend our gratitude to all shareholders that have reached out in support to us, many of whom have indicated their intention to remain invested with Fusionex for the mid to long term.
I appreciate that the directors' proposal to delist may not sit favourably with every single shareholder, but I am confident that the future will demonstrate this to be a move that will unlock the true value and success of Fusionex. To all shareholders that have kept faith in us, I thank all of you for giving the Company the opportunity to embark on a new journey to deliver the shareholder value that all of you deserve."
Enquiries:
Fusionex comms@adv-fusionex.com Ivan Teh, Chief Executive Officer Yuen Choong Lai, Chief Financial Officer Darren Hopkins, Director of Investor Relations & Corporate Development -------------------------------------- ------------------------ Walbrook PR Ltd (Media and Investor fusionex@walbrookpr.com Enquiries) 020 7933 8780 Paul Cornelius, Nick Rome, Helen Cresswell -------------------------------------- ------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
June 15, 2017 07:35 ET (11:35 GMT)
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