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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Syndicate | LSE:SAM | London | Ordinary Share | GB00B0GR9291 | ORD 0.2P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 1.42 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
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TIDMSAM
For immediate release:
Syndicate Asset Management Plc
("Syndicate" or the "Company")
Result of General Meeting
Syndicate Asset Management Plc (AIM: SAM), the fund management group with
approximately GBP5.9 billion under management, announces that all the resolutions
proposed at its General Meeting, held earlier today, were duly passed.
It is anticipated that the 510,000,000 new ordinary shares of 0.2 pence each
and issued at 1 pence each, comprising 310,000,000 Subscription Shares and
200,000,000 Deferred Consideration Shares, will be admitted to trading on AIM
at 8:00 a.m. on 27 May 2009 and rank pari passu in all respects with the
existing Ordinary Shares of 0.2 pence each in the capital of the Company.
David Pinckney, Chairman of Syndicate, commented:
"We are pleased that the resolutions have been passed. This will allow the
Board to move forward with its plans for further strengthening the Company's
balance sheet."
=- Ends -
Further information:
Syndicate Asset Management plc
David Pinckney (Chairman) Tel: 020 7659 8060
Jonathan Freeman (Interim Joint CEO)
Peter Dew (Interim Joint CEO)
Cenkos Securities
Stephen Keys Tel: 020 7397 8900
GTH Communications
Toby Hall/Christian Pickel Tel: 020 7153 8039
END
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