Unitech Corporate Parks Plc Result of AGM (3247F)

TIDMUCP

RNS Number : 3247F

Unitech Corporate Parks Plc

11 November 2015

UNITECH CORPORATE PARKS PLC

(the "Company")

Result of AGM

The Board of Unitech Corporate Parks Plc is pleased to announce that at the Annual General Meeting held earlier today, all resolutions were duly passed. A summary of the votes cast in respect of each of the resolutions proposed is as follows:

 
                             Votes in          Votes Against        Votes          % of 
                              favour*                             Withheld**      issued 
                                                                                  shares 
                                                                                 voting*** 
--------------------  ---------------------  ----------------  --------------  ----------- 
                           No.         %       No.       %        No.      %        % 
--------------------  ------------  -------  -------  -------  --------  ----  ----------- 
 Ordinary Resolutions 
------------------------------------------------------------------------------------------ 
 1. To receive 
  and adopt 
  the Company's 
  annual accounts 
  for the 
  financial 
  year ended 
  31 March 
  2015 together 
  with the 
  Directors' 
  report and 
  Auditors' 
  report on 
  those accounts.      182,044,291   99.997   5,000    0.003       0       0      50.57 
--------------------  ------------  -------  -------  -------  --------  ----  ----------- 
 2. To re-appoint 
  KPMG Audit 
  LLC as auditors 
  and to authorised 
  the Directors 
  to determine 
  the auditors' 
  remuneration.        182,044,291   99.997   5,000    0.003       0       0      50.57 
--------------------  ------------  -------  -------  -------  --------  ----  ----------- 
 3. To re-elect 
  Donald Lake 
  as a Director.       182,044,291   99.997   5,000    0.003       0       0      50.57 
--------------------  ------------  -------  -------  -------  --------  ----  ----------- 
 4. To re-elect 
  Nicholas 
  Sallnow-Smith 
  as a Director.       182,044,291   99.997   5,000    0.003       0       0      50.57 
--------------------  ------------  -------  -------  -------  --------  ----  ----------- 
 5. To re-elect 
  John Sleeman 
  as a Director.       182,044,291   99.997   5,000    0.003       0       0      50.57 
--------------------  ------------  -------  -------  -------  --------  ----  ----------- 
 6. To re-elect 
  Mohammad 
  Khan as 
  a Director.          182,044,291   99.997   5,000    0.003       0       0      50.57 
--------------------  ------------  -------  -------  -------  --------  ----  ----------- 
 Special Resolution 
------------------------------------------------------------------------------------------ 
 7. That 
  the name 
  of the Company 
  be changed 
  to UCP plc.          182,044,291   99.997   5,000    0.003       0       0      50.57 
--------------------  ------------  -------  -------  -------  --------  ----  ----------- 
 

* The 'in favour' and 'abstaining' votes, where appropriate, include those votes giving the Chairman discretion.

** The 'withheld' votes are not counted towards the votes cast.

*** Total number of shares in issue amounted to 360,000,000.

Change of Name

Today shareholders have approved the change of name to UCP plc. This is expected to take effect from 16 November 2015 following registration with the Isle of Man Registry. The ticker for the ordinary shares will remain as UCP.

Share Suspension

As previously announced, since it has been 12 months from the date of completion of the sale of Candor, the Company's shares were suspended from trading on AIM on 5 November 2015. The Company's administrator, FIM Capital Limited ('FIM'), has agreed to provide a service to assist in providing liquidity for shareholders through matched bargains. FIM Capital is regulated by the Isle of Man Financial Services Authority and the UK Financial Conduct Authority. Any shareholder interested in trading in the Company's shares should contact FIM at the number below and lodge an expression of interest. FIM will thereafter introduce buyers and sellers to each other as appropriate, with trades to be effected off-market.

For further information please contact:

 
 Westhouse Securities Limited   Tel: [phone] 
                                 6118 
 Alastair Moreton 
 Rose Ramsden 
 
 FIM Capital Limited            Tel: [phone] 
                                 681250 
 Philip Scales 
 Graham Smith 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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November 11, 2015 05:07 ET (10:07 GMT)