Renew Holdings PLC Result of AGM (5719O)

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RNS Number : 5719O

Renew Holdings PLC

30 January 2019

Renew Holdings plc

("Renew" or the "Group" or the "Company")

Result of AGM

Renew (AIM: RNWH), the Engineering Services Group supporting UK infrastructure, announces that at the Annual General Meeting ("AGM") held earlier today, resolutions one to seven were duly passed.

Resolution 8 was an ordinary resolution that allowed the Directors to issue shares up to a value of one third of the Company's issued share capital in accordance with Section 551 of the Company's Act 2006 ("the Act"). Resolution 9 was a special resolution (that required the passing of Resolution 8) that allowed the Directors to issue up to 5% of the Company's issued share capital for cash pursuant to Section 570 of the Act. Resolution 8 did not pass and therefore Resolution 9 was not put to the meeting.

The Board are liaising with our major shareholders to seek to address any concerns on these resolutions. Details of the votes cast on each resolution at the AGM will be made available on the Company's website as soon as practicable.

Enquiries:

 
 Renew Holdings plc                                         Tel: [phone] 
 Paul Scott, CEO 
 Sean Wyndham-Quin, CFO 
 
 Numis Securities Limited                                   Tel: [phone] 
 Stuart Skinner/ Kevin Cruickshank 
  (Nominated Adviser) 
 Michael Burke (Corporate Broker) 
 
 Walbrook PR                        Tel: [phone] or [e-mail] 
 Paul McManus                                               Mob: [phone] 
 Nick Rome                                                  Mob: [phone] 
 Lianne Cawthorne                                           Mob: [phone] 
 
 

About Renew Holdings plc

Engineering Services, which accounts for over 85% of Group revenue and 95% of operating profit, focuses on the key markets of Energy (including Nuclear), Environmental and Infrastructure, which are largely governed by regulation and benefit from non-discretionary spend with long-term visibility of committed funding.

Specialist Building focuses on the High Quality Residential market in London and the Home Counties.

For more information please visit the Renew Holdings plc website: www.renewholdings.com

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January 30, 2019 08:21 ET (13:21 GMT)