Result of AGM

    RNS Number : 7626B
  Business Direct Group Plc
  20 August 2008
   



    Wednesday 20 August 2008

    BUSINESS DIRECT GROUP PLC

    Result of AGM 


    The Company announces that the resolutions put to this morning's Annual General Meeting were duly passed, with the exception of
resolution 3, to re-elect Mr Richard Martin as a Director, which was rejected. 

    Enquiries: 

    Arden Partners (NOMAD and Broker)                     0121 423 8900 
    Steve Douglas 

    Bankside Consultants Limited                                020 7367 8851
    Charles Ponsonby  


    Dealing disclosure requirements

    Under the provisions of Rule 8.3 of the City Code on Takeovers and Mergers, if any person is, or becomes, "interested" (directly or
indirectly) in 1 per cent. or more of any class of "relevant securities" of Business Direct, all "dealings" in any "relevant securities" of
Business Direct (including by means of an option in respect of, or a derivative referenced to, any such "relevant securities") must be
publicly disclosed by no later than 3.30 pm (London time) on the London business day following the date of the relevant transaction. If two
or more persons act together pursuant to an agreement or understanding, whether formal or informal, to acquire an "interest" in "relevant
securities" of Business Direct, they will be deemed to be a single person for the purpose of Rule 8.3.

    Under the provisions of Rule 8.1 of the City Code, all "dealings" in "relevant securities" of Business Direct must be disclosed by no
later than 12.00 noon (London time) on the London business day following the date of the relevant transaction.

    A disclosure table, giving details of the companies in whose "relevant securities" "dealings" should be disclosed, and the number of
such securities in issue, can be found on the Takeover Panel's website at www.thetakeoverpanel.org.uk. If you are in any doubt as to the
application of Rule 8, please consult an independent financial adviser authorised under the Financial Services and Markets Act 2000 and/or
consult the Takeover Panel on telephone number [phone]; fax [phone].

    "Interests in securities" arise, in summary, when a person has a long economic exposure, whether conditional or absolute, to changes in
the price of securities. In particular, a person will be treated as having an "interest" by virtue of the ownership or control of
securities, or by virtue of any option in respect of, or derivative referenced to, securities.

    Terms in quotation marks are defined in the City Code, which can also be found on the Panel's website. If you are in any doubt as to
whether or not you are required to disclose a "dealing" under Rule 8, you should consult the Panel.



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