Results of Court Meeting and EGM

    RNS Number : 2339C
  Global Health Partner PLC
  28 August 2008
   

    Global Health Partner plc
    ('GHP' or the 'Company')
    Global Health Partner plc Shareholders approve Scheme of Arrangement
    On 7 July 2008, the board of GHP announced that it had reached a decision to recommend a proposal for the acquisition of the entire
issued and to be issued share capital of GHP by a newly incorporated Swedish company ("Global Health Partner AB" or "GHP AB"), on the basis
of one GHP AB Share for each GHP Share (the "Offer"). The acquisition is to be effected by means of a scheme of arrangement under part 26 of
the Companies Act 2006 which requires the approval of GHP Scheme Shareholders and the sanction of the Court (the "Scheme"). The proposed
scheme of arrangement involves a reduction of capital which requires the approval of GHP's Scheme Shareholders by special resolution and the
subsequent confirmation of the Court. 

    A circular to GHP Shareholders in connection with the Scheme was published on 4 August 2008 (the 'Scheme Document'). Any capitalised
term used but not defined in this announcement is as defined in the Scheme Document.
    The GHP Independent Director is now pleased to announce that at yesterday's meeting of GHP shareholders convened by the Court, the
required majority of GHP shareholders approved the Scheme without modification. At the subsequent Extraordinary General Meeting, also held
yesterday, GHP shareholders passed the Special Resolutions which were proposed, as set out in the notice of Extraordinary General Meeting
dated 4 August 2008.
    The number of votes for and against the Scheme at the Court Meeting were as follows:
          Number of Scheme      % of Scheme           % of total issued     Number of Scheme      % of Scheme
          Shareholders present  Shareholders present  Scheme Shares         Shareholders voted    Shareholders present
          voted                 who voted                                   in favour             who voted in favour 
 For      22                    100                   60                    100                   100
 Against  Nil                   Nil                   Nil                   Nil                   Nil
    At the Extraordinary General Meeting, the Special Resolution was passed unanimously on a show of hands.
    The Scheme and the associated Reduction of Capital will also require the subsequent sanction and (as the case may be) confirmation of
the Court.
    Expected Timetable of Principal Events
    The following times and dates are indicative only and will depend, amongst other things, on the dates upon which the Court sanctions the
Scheme and confirms the Reduction of Capital and whether the Conditions are either satisfied or, if capable of waiver, waived.
    Last day of dealings in GHP  Shares:                          16 September 2008

    Scheme Record Time:                                             16 September 2008 (6.00pm)

    Scheme Court Hearing Date:                                    15 September 2008

    Effective Date of the Scheme:                                 18 September 2008

    Cancellation of GHP Shares:                                      18 September 2008

    Latest date for despatch of Consideration Shares:        within 14 days from Effective Date
    This announcement is not intended to, and does not constitute or form part of any offer to sell or an invitation to purchase or
subscribe for any securities pursuant to the Proposal or otherwise or the solicitation of any vote or approval in any jurisdiction. GHP
Shareholders are advised to read carefully the formal documentation in relation to the Scheme.
    Any persons who are subject to the laws of any jurisdiction other than the UK should inform themselves about and observe any applicable
requirements. 
    Copies of this announcement are not being, and must not be, directly or indirectly mailed or otherwise forwarded, distributed or sent in
or into any jurisdiction where to do so would violate the laws of that jurisdiction and persons receiving this announcement (including
custodians, nominees and trustees) must not mail or otherwise forward, distribute or otherwise send it in, or into or from any such
jurisdiction. Further details in relation to overseas shareholders are contained in the Scheme Document.
    This announcement has been prepared in accordance with English Law and the AIM Rules and information disclosed may not be the same as
that which would have been prepared in accordance with jurisdictions outside England. The Proposal is subject to the applicable rules and
regulations of the Financial Services Authority and the London Stock Exchange.
    Cenkos Securities, which is authorised and regulated in the United Kingdom by the Financial Services Authority, is acting exclusively
for GHP and no one else in connection with the Proposal and will not be responsible to anyone other than GHP for providing the protections
afforded to clients of Cenkos Securities or for providing advice in relation to the Proposal or any other matters referred to in this
announcement.

    For further information contact:


    Global Health Partner plc Tel: [phone] 
    James Thornton Tel: [phone] 
    Per Batelson 


    Cenkos (Financial Adviser to Global Health Partner plc) 
    Ivonne CantElizabeth Bowman  Tel: [phone]

This information is provided by RNS
The company news service from the London Stock Exchange
 
  END 
 
MSCUWRSRWKRWUAR