25 Aug 2022 12:53
25 August 2022
The Ince Group plc
("Ince", the "Company" or the "Group")
Result of General Meeting and update on completion of the Open Offer
The Ince Group plc (AIM: INCE), which provides legal, accounting, financial services, consulting and pensions advice services, announces that at the General Meeting of the Company held at 11.00 a.m. today, the resolution proposed was passed. Accordingly, the Open Offer announced on 9 August 2022 can proceed and its completion is expected to take place tomorrow, 26 August 2022, on admission to trading on AIM of the Open Offer Shares.
Voting at the General Meeting
The votes received from shareholders on the resolution proposed at the General Meeting are set out below.
| No. of votes for (including Chairman's discretion) | % of total votes cast*
| No. of votes against
| % of total votes cast*
| Total votes cast (excluding votes withheld)
| No. of votes withheld*
|
1. ORDINARY RESOLUTION | ||||||
To grant authority to the directors to allot shares in the Company in respect of the Open Offer. | 80,677,340 | 99.68% | 262,332 | 0.32% | 80,939,672 | 72,936 |
*A vote "withheld" is not a vote in law and is not counted towards the votes cast "for" or "against" a resolution.
All conditions of the Open Offer, except for Admission, set out in the Company's announcement on 9 August 2022, have now been met and it is expected that Admission will become effective and that dealings in the new 4,201,831 Ordinary Shares on AIM will commence at 8.00 a.m. on 26 August 2022.
Further details of the Open Offer are set out in the Company's announcement of 9 August 2022.
Total Voting Rights
Following Admission, the Company will have 241,240,570 Ordinary Shares in issue. No Ordinary Shares are held in treasury. The total number of voting rights in the Company is therefore 241,240,570. From Admission, the above figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.
Capitalised terms in this announcement shall have the meanings given to such terms in the announcement issued by the Company at 7.00 a.m. on 9 August 2022 unless otherwise defined herein.
For further information:
The Ince Group plc | |
Donald Brown, Group Chief Executive | investorrelations@incegd.com |
Simon Oakes, Chief Financial Officer | |
Allenby Capital Limited - Nominated Adviser | +44 (0) 20 3328 5656 |
Jeremy Porter / Piers Shimwell, Corporate Finance | |
Arden Partners plc - Broker | +44 (0) 20 7614 5900 |
John Llewellyn Lloyd / Louisa Waddell, Corporate Finance | |
Simon Johnson, Equity Sales | |
Williams Nicolson - Financial PR | +44 (0) 7767 345 563 |
Steffan Williams / Fraser Schurer-Lewis | ince@williamsnicolson.com |