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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Base Grp. | LSE:BS. | London | Ordinary Share | GB0000566389 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.04 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS No 1688t BRITISH STEEL PLC 8 September 1999 British Steel plc PROPOSED MERGER OF BRITISH STEEL AND HOOGOVENS Results of Court Meeting and Extraordinary General Meeting British Steel announces that at the Court Meeting, convened by order of the High Court, and the subsequent Extraordinary General Meeting of British Steel Ordinary Shareholders, both of which were held earlier today, the resolutions to approve the Merger with Hoogovens via the Scheme and the Hoogovens Offer were duly passed. The results of the poll on the resolution to approve the Merger held at the Court Meeting were as follows: For Against 1,120,102,944 shares 7,162,484 shares (99.36% of the shares voted) (0.64% of the shares voted) The votes "for" were cast by 61,803 shareholders representing 98.52% in number of those voting. All the resolutions proposed at the Extraordinary General Meeting were passed by the requisite majority. The Court hearing of the petition to sanction the Scheme is expected to take place on 4 October 1999 at the Royal Court of Justice, Strand, London WC2. All British Steel Shareholders entitled to attend and vote at the Court meeting held today may be present and be heard in person or through counsel to support or oppose the sanctioning of the Scheme. The Merger will become effective upon the delivery to the Registrar of Companies in England and Wales of a copy of the Order and registration of the Order. This is expected to occur on 6 October 1999, whereupon admission of BSKH shares will become effective and dealings will commence in BSKH shares. Enquiries: British Steel Investor Relations Tel:0171 314 5500 END MSCBUGBCXDGCCCI
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