Replacement: Result of General Meeting

 

TIDMFDI TIDMKDD 
 
RNS Number : 1595S 
Firestone Diamonds PLC 
03 September 2010 
 

                             Firestone Diamonds plc 
3 September 2010 
 
                            Result of General Meeting 
Voting figures have been added to the 'Result of General Meeting' announcement 
released on 3 September at 13.05 under RNS No 1345S. 
All other details remain unchanged. 
The full amended text is shown below. 
Firestone Diamonds plc, ("Firestone"), the AIM-quoted diamond mining and 
exploration company (ticker: AIM:FDI), is pleased to announce that all 
resolutions set out in the notice dated 13 August 2010 relating to the 
recommended all share offer for the entire issued and to be issued share capital 
of Kopane Diamond Developments plc ("Kopane") to be effected by means of a 
Scheme of Arrangement under Part 26 of the Companies Act 2006 were duly passed 
at the Firestone General Meeting which was held at 12.00 noon today. 
The voting on each Resolution was taken on a show of hands and the Resolutions 
were passed unanimously. For the information of shareholders the proxy votes 
cast before the meeting were as follows: 
+--------------+--------------------+--------------+--------------+ 
| Resolution   | For                | Against      | Withheld     | 
+--------------+--------------------+--------------+--------------+ 
| Resolution 1 | 52,338,432         | 5,151,132    | 20,000       | 
|              | (91.04%)           | (8.96%)      |              | 
+--------------+--------------------+--------------+--------------+ 
| Resolution 2 | 52,334,621(91.03%) | 5,154,943    | 20,000       | 
|              |                    | (8.97%)      |              | 
+--------------+--------------------+--------------+--------------+ 
| Resolution 3 | 52,342,649         | 5,144,342    | 22,573       | 
|              | (91.05%)           | (8.95%)      |              | 
+--------------+--------------------+--------------+--------------+ 
| Resolution 4 | 52,323,305         | 5,160,335    | 25,924       | 
|              | (91.02%)           | (8.98%)      |              | 
+--------------+--------------------+--------------+--------------+ 
 
 
Next Steps 
 
Completion of the Scheme remains subject to approval by Kopane Shareholders at 
the Court Meeting and the Kopane General Meeting, to be held on 6 September at 
11.00am and 11.15am respectively, and the sanction of the Scheme by the Court at 
the Scheme Court Hearing and the subsequent confirmation of the Reduction of 
Capital. The Court hearings to sanction the Scheme and confirm the Reduction of 
Capital are scheduled to take place on 27 September 2010 and 29 September 2010 
respectively. 
 
It is anticipated that the last day for dealings in Kopane Shares will be 29 
September 2010 and that the Scheme will become effective on 30 September 2010. 
If the Scheme becomes effective, it is expected that the admission to trading on 
AIM of Kopane Shares and the Existing Firestone Shares will be cancelled at 7.00 
a.m. on 30 September 2010 and that the admission to trading and dealings in 
shares of the Enlarged Group shall commence at 8.00 am on 30 September 2010. 
 
Capitalised terms used in this announcement shall have the same meaning as 
ascribed in the announcement dated 21 July 2010 unless the context otherwise 
requires. 
 
In accordance with Rule 19.11 of the City Code, a copy of this announcement will 
be published on Firestone's website being www.firestonediamonds.com. 
 
Investor Contacts: Firestone 
 
Philip Kenny, Chief Executive 
+ 44 20 8834 1028/ + 44 7831 324 645 
Tim Wilkes, Chief Operating Officer 
[phone] 
 
Evolution Securities, Financial Adviser, Rule 3 Adviser and Corporate Broker to 
Firestone 
 
Simon Edwards / Tim Redfern 
[phone] / 4312 
 
Brewin Dolphin, Nominated Adviser to Firestone 
 
Alexander Dewar / Derrick Lee 
[phone] 
 
Conduit PR 
 
Jos Simson / Emily Fenton 
[phone] / [phone] 
 
 
This announcement is not intended to, and does not, constitute or form any part 
of an offer to sell or an invitation to purchase or subscribe for any securities 
or the solicitation of any vote for approval in any jurisdiction, nor shall 
there be any sale, issuance or transfer of the securities referred to in this 
announcement in the United States or any jurisdiction in contravention of 
applicable law. The Offer has been made solely on the basis of the Scheme 
Document, which contains the full terms and conditions of the Offer. The Scheme 
Document has been posted to those shareholders able to receive it. Any response 
in relation to the Offer should be made only on the basis of the information in 
the Scheme Document. 
 
The availability of the Offer to Kopane Shareholders who are not resident in and 
citizens of the United Kingdom may be affected by the laws of the relevant 
jurisdictions in which they are located or of which they are citizens. Such 
persons should inform themselves of, and observe, any applicable legal or 
regulatory requirements of their jurisdictions. Further details in relation to 
overseas shareholders are contained in the Scheme Document. 
 
To the extent that the Acquisition is effected by way of the Scheme, the New 
Firestone Shares to be issued to Kopane Shareholders under the Scheme have not 
been, and will not be, registered under the US Securities Act, or under the 
securities laws of any state, district or other jurisdiction of the United 
States, the Republic of South Africa, Singapore, Canada or Japan. 
 
If the Acquisition is carried out by way of a Takeover Offer, it will not be 
made, directly or indirectly, in or into the United States, Republic of South 
Africa, Singapore, Canada or Japan and will not be capable of acceptance from or 
within the United States, Republic of South Africa, Singapore, Canada or Japan. 
Accordingly, copies of this Announcement and all documents relating to the 
Takeover Offer will not be, and must not be, mailed or otherwise forwarded, 
distributed or sent in, into or from the United States, Republic of South 
Africa, Singapore, Canada or Japan.  If the Acquisition is carried out by way of 
a Takeover Offer, the New Firestone Shares to be issued in connection with such 
Takeover Offer have not been and will not be registered under the Securities Act 
or under the securities laws of any state, of the United States and subject to 
certain exceptions, the Takeover Offer will not be made in or into the United 
States.  There will be no public offering of the New Firestone Shares in the 
United States and the New Firestone Shares may not be offered, sold or 
delivered, directly or indirectly, in or into the United States, other than 
pursuant to an exemption from the registration requirements of the US Securities 
Act. 
 
These written materials are not an offer of securities for sale in the United 
States.  Securities may not be offered or sold in the United States absent 
registration under the US Securities Act or an exemption therefrom.  Firestone 
has not registered and does not intend to register any of the New Firestone 
Shares under the US Securities Act. 
 
To the extent that the Acquisition is effected by way of the Scheme, it is 
expected that the New Firestone Shares will be issued in reliance upon the 
exemption from the registration requirements of the US Securities Act provided 
by Section 3(a)(10) thereof.  Any offer of New Firestone Shares made by way of 
the Scheme has been made by means of the Scheme Document that may be obtained 
from Kopane which contains detailed information about the Acquisition, Kopane, 
Firestone and their management, as well as financial and other important 
information.  Any Kopane Shareholder in the United States that is an "affiliate" 
of Firestone under applicable US securities laws either within the 90 days prior 
to the implementation of the Scheme or following implementation of the Scheme 
will be subject to certain restrictions on the sale of New Firestone Shares 
received pursuant to the Scheme. 
 
Evolution Securities and Brewin Dolphin, which are authorised and regulated in 
the United Kingdom by the Financial Services Authority, are acting exclusively 
for Firestone and no-one else in connection with the matters described in this 
document and will not be responsible to anyone other than Firestone for 
providing the protections afforded to clients of Evolution Securities or Brewin 
Dolphin or for providing advice in relation to the Acquisition or any other 
matter described in this announcement. 
 
finnCap, which is authorised and regulated in the United Kingdom by the 
Financial Services Authority, is acting exclusively for Kopane and no-one else 
in connection with the matters described in this Announcement and will not be 
responsible to anyone other than Kopane for providing the protections afforded 
to clients of finnCap nor for providing advice in relation to the Acquisition or 
any other matter described in this announcement. 
 
Forward-Looking Statements 
 
This announcement contains certain forward looking statements with respect to 
the financial condition, results of operations and business of Firestone and 
Kopane and certain plans and objectives of the Firestone Directors and the 
Kopane Directors with respect thereto. These forward looking statements can be 
identified by the fact that they do not relate only to historical or current 
facts. Forward looking statements often use words such as "anticipate", 
"target", "expect", "estimate", "intend", "plan", "goal", "believe", "will", 
"may", "should", "would", "could" or other words of similar meaning. These 
statements are based on assumptions and assessments made by the Firestone 
Directors and/or the Kopane Directors in light of their experience and their 
perception of historical trends, current conditions, expected future 
developments and other factors they believe appropriate. By their nature, 
forward looking statements involve risk and uncertainty, because they relate to 
events and depend on circumstances that will occur in the future and the factors 
described in the context of such forward looking statements in this announcement 
could cause actual results and developments to differ materially from those 
expressed in or implied by such forward looking statements. Although the 
Firestone Directors and/or the Kopane Directors believe that the expectations 
reflected in such forward looking statements are reasonable, they can give no 
assurance that such expectations will prove to have been correct and assume no 
obligation to update or correct the information contained in this document and 
Firestone and Kopane therefore caution investors not to place undue reliance on 
these forward looking statements which speak only as at the date of this 
announcement. 
 
Nothing in this announcement is intended to be a profit forecast and the 
statements in this announcement should not be interpreted to mean that the 
earnings per Firestone Share or Kopane Share for the current or future financial 
periods will necessarily be greater than those for the relevant preceding 
financial period. 
 
The statements contained herein are made as at the date of this announcement, 
unless some other time is specified in relation to them, and the issue of this 
announcement shall not give rise to any implication that there has been no 
change in the facts set forth herein since that date. Nothing contained herein 
shall be deemed to be a forecast, projection or estimate of the future financial 
performance of Firestone or Kopane except where otherwise stated. 
 
Dealing disclosure requirements 
 
Under Rule 8.3(a) of the Code, any person who is interested in 1% or more of any 
class of relevant securities of an offeree company or of any paper offeror 
(being any offeror other than an offeror in respect of which it has been 
announced that its offer is, or likely to be, solely in cash) must make an 
Opening Position Disclosure following the commencement of the offer period and, 
if later, following the announcement in which any paper offeror is first 
identified. 
 
An Opening Position Disclosure must contain details of the person's interests 
and short positions in, and rights to subscribe for, any relevant securities of 
each of (i) the offeree company and (ii) any paper offeror(s).  An Opening 
Position Disclosure by a person to whom Rule 8.3(a) applies must be made by no 
later than 3.30 p.m. (London time) on the 10th business day following the 
commencement date of the offer period and, if appropriate, by no later than 3.30 
p.m. (London time) on the 10th business day following the announcement in which 
any paper offeror is first identified.  Relevant persons who deal in the 
relevant securities of the offeree company or of a paper offeror prior to the 
deadline for making an Opening Position Disclosure must instead make a Dealing 
Disclosure. 
 
Under Rule 8.3(b) of the Code, any person who is, or becomes, interested in 1% 
or more of any class of relevant securities of the offeree company or of any 
paper offeror must make a Dealing Disclosure if the person deals in any relevant 
securities of the offeree company or of any paper offeror.  A Dealing Disclosure 
must contain details of the dealing concerned and of the person's interests and 
short positions in, and rights to subscribe for, any relevant securities of each 
of (i) the offeree company; and (ii)any paper offeror, save to the extent that 
these details have previously been disclosed under Rule 8.  A Dealing Disclosure 
by a person to whom Rule 8.3(b) applies must be made by no later than 3.30 p.m. 
(London time) on the business day following the date of the relevant dealing. 
 
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 an 
offeree company or a paper offeror, they will be deemed to be a single person 
for the purposes of Rule 8.3. 
 
Opening Position Disclosures must also be made by the offeree company and by any 
offeror and Dealing Disclosures must also be made by the offeree company, by any 
offeror and by any persons acting in concert with any of them (see Rules 8.1, 
8.2 and 8.4). 
 
Details of the offeree and the offeror companies in respect of whose relevant 
securities Opening Position Disclosures and Dealing Disclosures must be made can 
be found in the Disclosure Table on the Takeover Panel's website at 
www.thetakeoverpanel.org.uk, including details of the number of relevant 
securities in issue, when the offer period commenced and when any offeror was 
first identified.  If you are in any doubt as to whether you are required to 
make an Opening Position Disclosure or a Dealing Disclosure, you should contact 
the Panel's Market Surveillance Unit on [phone]. 
 
Firestone is a paper offeror for the purposes of the above disclosure 
requirements. 
 
Publication on websites 
 
A copy of this announcement and certain information published or otherwise made 
available by Firestone in connection with the Acquisition is available at: 
http://www.firestonediamonds.com. 
 
A copy of this announcement and certain information published or otherwise made 
available by Kopane in connection with the Acquisition is available at: 
http://www.kopanediamonds.com/s/Home.asp. 
 
Rule 2.10 Disclosure 
 
In accordance with Rule 2.10 of the Code, Firestone has 127,891,637 ordinary 
shares of 20p each in issue with ISIN GB0003915336.  Kopane has 301,511,651 
ordinary shares of 1p each in issue with ISIN GB0002998978. 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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