Results of Court Meeting and General Meeting (5628N)

TIDMHBR

RNS Number : 5628N

Holidaybreak PLC

02 September 2011

2 September 2011

Holidaybreak plc ("the Company")

Results of Court Meeting and General Meeting

Holidaybreak plc is pleased to announce that all resolutions put to today's court meeting and general meeting were duly passed, with proxies representing more than 60% of all shares having been received. The resolution put to the court meeting was passed following a poll, the results of which are set out below:

 
 Resolution            Votes for    Votes against 
 1. Approving Scheme   42,211,645   17,743 
  of arrangement        99.96%       0.04% 
 

The resolution put to the general meeting was passed on a show of hands. The results of the proxy votes received in advance of the general meeting were as shown below:

 
                             Votes        Votes 
 Resolution                   for          against   Discretion   Withheld 
 1. Authorising 
  directors to take 
  actions necessary 
  to carry Scheme 
  into effect, approving 
  reduction of capital 
  and changes to             42,192,927   17,617     27,106 
  Articles of Association     99.9%        0.04%      0.06%       657,417 
 Total issued share 
  capital at 2 September 
  2011                       70,612,093 
--------------------------  -----------  ---------  -----------  --------- 
 

Following the passing of these resolutions, it is expected that the Court hearing to sanction the Scheme will be held on 22 September 2011 and the Court hearing to approve the reduction in capital will be held on 26 September 2011.

Copies of the Resolutions passed at the court meeting and the general meeting are being submitted to the National Storage Mechanism and will shortly be available for inspection at www.hemscott.com/nsm.do.

This information is provided by RNS

The company news service from the London Stock Exchange

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