Result of General Meeting
Ergomed Plc
Result of General Meeting
Guildford, UK - 19 October 2020: Ergomed plc (LSE: ERGO) ("Ergomed" or the "Company"), a company focused on providing specialised services to the pharmaceutical industry, announces that at its General Meeting held today the special resolutions regarding the proposed Capital Reduction were passed with 100% shareholder approval (see table and notes below).
The Capital Reduction remains subject to the Court's approval and a directions hearing is scheduled for 28 October 2020. If the Court is satisfied that the application should proceed, a second hearing will be held on 10 November 2020 to confirm the Capital Reduction.
A further announcement will be made following the Capital Reduction becoming effective.
Terms used but not defined in this announcement are as defined in the Company's announcement of 1 October 2020.
Details of the voting in respect of each resolution are shown in the table below:
For | Against | Withheld | |||
Resolution | No. of Shares | % | No. of Shares | % | No. of Shares |
1. To cancel the Company's Share Premium Account | 41,339,888 | 100 | 2,000 | 0 | 1,414 |
2. To capitalise the Company's Merger Reserve by paying up B Shares | 41,339,888 | 100 | Nil | 0 | 3,414 |
3. To cancel the B Shares | 41,339,888 | 100 | Nil | 0 | 3,414 |
Notes:
1. Votes "For" and "Against" are expressed as a percentage of votes received.
2. A vote "Withheld" is not a vote in law and is not counted in the calculation of the votes "For" or "Against" a resolution.
3. Percentages in relation to Resolution 1 are rounded.
ENDS
Enquiries:
Ergomed plc | Tel: +44 (0) 1483 402 975 |
Miroslav Reljanović (Executive Chairman) | |
Richard Barfield (Chief Financial Officer) | |
Numis Securities Limited | Tel: +44 (0) 20 7260 1000 |
Freddie Barnfield / Huw Jeremy (Nominated Adviser) | |
James Black (Broker) | |
Consilium Strategic Communications - for UK enquiries | Tel: +44 (0) 20 3709 5700 |
Chris Gardner / Sue Stuart | |
Matthew Neal / Olivia Manser | |
About Ergomed plc
Ergomed provides specialist services to the pharmaceutical industry spanning all phases of clinical development, post-approval pharmacovigilance and medical information. Ergomed's fast-growing services business includes an industry-leading suite of specialist pharmacovigilance (PV) solutions, integrated under the PrimeVigilance brand, a full range of high-quality clinical research and trial management services under the Ergomed brand (CRO), and an internationally recognised specialist expertise in orphan drug development, under PSR. For further information, visit: http://ergomedplc.com.
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