![](/cdn/assets/images/search/clock.png)
We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Name | Symbol | Market | Type |
---|---|---|---|
Lv Bonds.43 | LSE:51II | London | Bond |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 113.50 | 0 | 01:00:00 |
TIDM51II
RNS Number : 3364V
LV=
10 December 2021
LV= announces result of the member vote at Members' Meeting
10 December 2021
LV= today announces the results of its Members' Meeting.
This follows the outcome of the vote on the acquisition of the LV= business by Bain Capital at the Special General Meeting earlier today, with the result that the transaction with Bain Capital will no longer proceed.
69% of members voted to approve a Scheme of Arrangement to make a change to Article 14.23 at the Members' Meeting. The required threshold was 75% which means the resolution did not pass and there will be no change to the company's Article 14.23. As a result, the Sanction Hearing booked for 20 December will not now go ahead.
175,460 of the LV='s 1.16 million members voted, with 119,011 members, representing 69% of valid votes cast, voting in support of the Resolution, and 52,251 members representing 31% of valid votes cast, voting against it.
These numbers are subject to final verification, which would not be expected to affect the result.
-Ends-
For further information, please contact:
Jon Sellors (LV=) 07711 701 806 jon.sellors@lv.com Ed Berry (FTI) 07703 330 199 edward.berry@fticonsulting.com Tom Blackwell (FTI) 07747 113 919 tom.blackwell@fticonsulting.com
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
ROMURONRAAUUAAA
(END) Dow Jones Newswires
December 10, 2021 11:33 ET (16:33 GMT)
1 Year Lv Bonds.43 Chart |
1 Month Lv Bonds.43 Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions