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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Mdm Engin. | LSE:MDM | London | Ordinary Share | VGG5941V1058 | COM SHS USD0.01 (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 168.50 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMMDM
RNS Number : 7143G
MDM Engineering Group Ltd
09 May 2014
9 May 2014
MDM Engineering Group Limited
("MDM Engineering", "MDM" or "the Company")
Result of General Meeting
MDM Engineering Group Limited (AIM: MDM), the minerals process and project management group focussed on the mining industry in Africa, announces that the special resolution related to the Transaction proposed to shareholders at its General Meeting held today was duly passed.
30,072,428 votes, representing 80.28% of the total issued share capital were cast. All votes cast were in favour of the resolution. There were no votes cast against the resolution.
As outlined in the announcement on 13 March 2014, in addition to MDM shareholder approval being obtained, the Transaction remains subject to certain conditions precedent including obtaining required regulatory approvals (including clearances from the South African Competition Authority and the Tanzanian Fair Competition Commission) and no material adverse changes or certain prescribed events (as defined in the MIA) having occurred in relation to MDM's business.
Subject to timely satisfaction of the conditions precedent, MDM still expects the Transaction to be completed in late August 2014.
Enquiries:
MDM Engineering Group Limited
Martin Smith (CEO) Tel: +27 11 993 4300
George Bennett (Executive Director)
Canaccord Genuity Limited Tel: +44 (0) 207 523 8000
Neil Elliot / Chris Fincken
Tavistock Communications Tel: +44 (0) 207 920 3150
Emily Fenton / Jos Simson
KEY INFORMATION:
MDM Engineering Group Limited is a minerals process and project management company focused on the mining industry. The Company provides a wide range of services from preliminary and final feasibility studies, through to plant design, construction and commissioning. To date, the Company's clients have largely been junior and mid-tier mining corporations with operations in Africa.
The MDM Engineering core technical team has a 25 year track record of completing a wide range of studies and execution projects across a variety of minerals, including precious metals, base metals, ferrous and non-ferrous metals, uranium and diamonds.
The Company has adopted an approach to project execution based on an open-book Engineering, Procurement, and Construction Management "EPCM" or "cost-plus" basis and on a Engineering, Procurement and Construct (EPC) basis. With a core focus on Africa, MDM Engineering is setting the benchmark standard for best practice in the mining services industry through its commitment to providing the highest quality services and actively engaging with clients to ensure maximum transparency.
For more information, please visit www.mdm-engineering.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
ROMLIFFAEAIAIIS
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