Outsourcery PLC Result Of General Meeting

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RNS Number : 5341Q

Outsourcery PLC

01 September 2014

1 September 2014

Outsourcery plc

(“Outsourcery” or the “Company”)

Result of General Meeting

On 14 August 2014, Outsourcery announced the proposed Placing of 7,682,500 new Ordinary Shares at 20 pence per share. The Placing was subject, inter alia, to approval by Shareholders of the Resolutions set out in the Notice of General Meeting.

The Company is pleased to announce that the Resolutions were passed on a show of hands at the General Meeting which took place earlier today.

Voting results (proxies received and those in attendance)

Resolution 1: Directors’ authority to allot shares

FOR: 21,504,489 ordinary shares (99.997%)             AGAINST: 723 ordinary shares (0.003%)

ABSTAINED: 10,000 ordinary shares (0.046%)

Resolution 2: Disapplication of pre-emption rights

FOR: 21,476,489 ordinary shares (99.997%)             AGAINST: 723 ordinary shares (0.003%)

ABSTAINED: 38,000 ordinary shares (0.177%)

A vote withheld is not a vote in law and does not count in the total of votes cast.

Any proxy appointments which gave discretion to the chairman of the meeting have been included in the ‘For’ total.

The issued share capital of the Company eligible to vote on the Resolutions is 34,581,458 Ordinary Shares of one penny each.

The Placing remains conditional, inter alia, upon Admission. Admission is expected to become effective at 8.00 a.m. on 2 September 2014.

Terms defined in the circular dated 14 August 2014 have the same meaning in this announcement, save where the context otherwise requires.

Enquiries:

Tel: +44 (0) 330 313 
 Outsourcery plc                     0077 
 Piers Linney, Co-Chief Executive 
 Simon Newton, Co-Chief Executive 
                                    Tel: +44 (0) 20 7597 
 Investec Bank plc                   5970 
 NOMAD and Broker to Outsourcery 
 Andrew Pinder / Patrick Robb 
 Junya Iwamoto / Carlton Nelson

This information is provided by RNS

The company news service from the London Stock Exchange

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September 01, 2014 09:54 ET (13:54 GMT)