Tex Holdings PLC Result of General Meeting (6681P)

TIDMTXH

RNS Number : 6681P

Tex Holdings PLC

11 October 2019

TEX HOLDINGS plc

EXTRAORDINARY GENERAL MEETING - POLL RESULTS

Tex Holding plc announces the voting at its Extraordinary General Meeting (EGM) held earlier today, 11 October 2019, on the resolutions as set out in the EGM Notice of Meeting.

A poll was held on each of the Resolutions which were duly passed. Resolution 1 was an ordinary resolution and Resolution 2 was a special resolution.

The Company is pleased to announce that the loan facility from Edward le Bas Properties is expected to be drawn down by the Company by the end of the month.

As set out in the Circular dated 13 September 2019, it is expected that the transfer of the Company's listing category on the Official List from the Premium Listing to Standard Listing will take place on or after 12 November 2019 subject to the agreement by the FCA.

The result of the poll on each Resolution was as follows:

 
                             VOTES       %      VOTES      %       VOTES        %       VOTES 
                               FOR            AGAINST              TOTAL             WITHHELD 
                               (No             (No of             (No of 
                        of Shares)            Shares)            Shares) 
 Resolution 
  1 
  To approve 
  the transaction 
  between Tex 
  Holdings plc 
  and Edward 
  Le Bas Properties 
  Limited                1,525,482   99.98        310   0.02   1,525,792   100.00   2,568,017 
                      ------------  ------  ---------  -----  ----------  -------  ---------- 
 Resolution 
  2 
  To approve 
  the proposed 
  transfer of 
  the Company's 
  category of 
  equity share 
  listing on 
  the Official 
  List of the 
  FCA and on 
  the 
  Main Market 
  of the London 
  Stock Exchange 
  plc from a 
  Premium Listing 
  to a Standard 
  Listing.               4,088,399   99.99        210   0.01   4,088,609   100.00       5,200 
                      ------------  ------  ---------  -----  ----------  -------  ---------- 
 

Resolution 2 was also required to be approved by 50% of the shares that voted excluding Mr Burrows and his associates. The vote was passed by the requisite majority.

Issued Capital 6,351,452

For further information contact:

C.A. Parker

01473 830144

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END

ROMUARORKSARAAA

(END) Dow Jones Newswires

October 11, 2019 09:06 ET (13:06 GMT)