FirstGroup PLC Update re General Meeting

 
TIDMFGP 
 
FIRSTGROUP PLC 
 
UPDATE RE GENERAL MEETING 
 
On 11 May 2019 FirstGroup plc ("FirstGroup" or the "Company") announced that it 
had received a requisition notice dated 10 May 2019 from Coast Capital to call 
a general meeting of the Company. The Company received a further, replacement 
requisition notice from Coast Capital on 17 May 2019 as the original 
requisition notice dated 10 May 2019 was invalid (as a result of it not being 
signed by the correct holder of Coast Capital's shareholding in the Company). 
 
Accordingly, on 4 June 2019 the Company published a circular to shareholders 
(the "Circular") including notice of the requisitioned general meeting to be 
held at 2.00 p.m. on 25 June 2019 (the "General Meeting"). 
 
The purpose of the General Meeting is to consider the resolutions proposed by 
Coast Capital to remove six of the current directors of the Company and replace 
them with seven of Coast Capital's own nominees (the "Coast Nominees"). 
 
As stated in the Circular, and acknowledged in Coast Capital's requisition 
notice, in order for a person nominated by a shareholder to be eligible to be 
appointed as a director, the Company must receive confirmation in writing of 
that person's willingness to be appointed by not less than seven days before 
the date of the general meeting to consider that person's appointment. 
 
Under the articles of association of the Company, the deadline for receipt of 
such written confirmations was 18 June 2019. 
 
The Company has not received any such confirmation from one of the Coast 
Nominees, Mr David Martin, of his willingness to be appointed as a director of 
the Company. 
 
Accordingly, that Coast Nominee, Mr Martin, is not eligible to be appointed as 
a director of the Company at the General Meeting. As stated in the Circular, 
the resolution proposing to appoint Mr Martin (resolution (j)) is therefore not 
valid and will not be put to the General Meeting. 
 
Contacts at FirstGroup: 
 
Faisal Tabbah, Head of Investor Relations 
 
Stuart Butchers, Group Head of Communications 
 
Tel: [phone] 
 
Contacts at Brunswick PR: 
 
Andrew Porter / Alison Lea, Tel: [phone] 
 
Classification as per DTR 6 Annex 1R: 3.1. Legal Entity Identifier (LEI): 
549300DEJZCPWA4HKM93. 
 
About FirstGroup 
 
FirstGroup plc (LSE: FGP.L) is a leading provider of transport services in the 
UK and North America. With GBP7.1 billion in revenue and around 100,000 
employees, we transported 2.2 billion passengers last year. Whether for 
business, education, health, social or recreation - we get our customers where 
they want to be, when they want to be there. We create solutions that reduce 
complexity, making travel smoother and life easier. 
 
We provide easy and convenient mobility, improving quality of life by 
connecting people and communities. 
 
Each of our five divisions is a leader in its field: In North America, First 
Student is the largest provider of home-to-school student transportation with a 
fleet of 42,500 yellow school buses, First Transit is one of the largest 
providers of outsourced transit management and contracting services, while 
Greyhound is the only nationwide operator of scheduled intercity coaches. In 
the UK, First Bus is one of Britain's largest bus companies with 1.6 million 
passengers a day, and First Rail is one of the country's largest and most 
experienced rail operators, carrying 345 million passengers last year. 
 
Visit our website at www.firstgroupplc.com and follow us @firstgroupplc on 
Twitter. 
 
 
 
END 
 

(END) Dow Jones Newswires

June 19, 2019 05:11 ET (09:11 GMT)