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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Oct Sec.Aim | LSE:OSA | London | Ordinary Share | GB0030196272 | ORD 5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 27.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMOSA OCTOPUS SECOND AIM VCT PLC (RENAMED OCTOPUS THIRD AIM VCT PLC) General Meeting Results and Merger Update 12 August 2010 This announcement is made by Octopus Second AIM VCT plc ("the Company") in connection with the proposed merger of the Company with Octopus IHT AIM VCT plc ("IHT AIM VCT") ("Scheme") details of which were contained in the Company's circular to shareholders ("the Circular") dated 9 July 2010. The board of directors of the Company ("the Board") is pleased to announce that the resolution, to approve the Company being placed in liquidation, appoint the liquidators and cancel the listing of the Company's shares, proposed at the general meeting of the Company held today was duly passed. Details of the proxy votes received in respect of the resolution passed at the general meeting are set out below: Votes Percentage of Votes Cast (%) For 3,943,675 94.18% Against 122,172 2.92% Discretion 121,616 2.90% Withheld 75,126 - A copy of the resolution passed at the general meeting will be submitted to the UK Listing Authority and will shortly be available for inspection at the UK Listing Authority's Document Viewing Facility, whose address is as set out at the bottom of this announcement. Accordingly, by way of implementation of the Scheme, the Company has been placed into members' voluntary liquidation and the assets and liabilities of the Company transferred to IHT AIM VCT in consideration for the issue of new ordinary shares of 0.01 pence each in the capital of IHT AIM VCT ("IHT AIM VCT Shares"). The total number of IHT AIM VCT Shares issued to the Company's shareholders was 20,489,637, at a deemed issue price of 63.20209575p per share. Application will shortly be made for all the IHT AIM VCT Shares issued pursuant to the Scheme to be admitted to the Official List and to trading on the main market of the London Stock Exchange. It is expected that admission will become effective and that trading will commence on 13 August 2010. As part of the Scheme, the suspension of the listing of the Company's shares took place at 7.30 am today and the cancellation of the Company's shares will take place from the commencement of trading on 13 August 2010. As a result of the passing of the resolution at the general meeting of the Company today and the Scheme becoming unconditional, the name of the Company has been changed to Third AIM VCT plc. The UK Listing Authority's Document Viewing Facility, is situated at: Financial Services Authority 25 The North Colonnade Canary Wharf London E14 5HS Telephone: 020 7066 1000 For further enquiries please contact: Celia Whitten FCIS Company Secretary 8 Angel Court London EC2R 7HP Telephone: 0207 710 2849 [HUG#1437670] This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. All reproduction for further distribution is prohibited. Source: Octopus Second AIM VCT PLC via Thomson Reuters ONE
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