ARGV Argentvive

RNS Number:8019L
Argentvive PLC
15 January 2008


 15 January 2008


                               ArgentVive plc
                       ("ArgentVive" or the "Company")

                         Result of General Meeting
      Expected completion of share placing (the "Placing") and acquisition of
                        Solcara Limited ("Solcara")

ArgentVive announces that at the General Meeting of the Company held today, the
resolutions set out in the circular sent to shareholders on 21 December 2007
(the "Circular") were duly passed without amendment.

As a result, the Placing, which has raised �4.2 million (before expenses), will
now be completed. Furthermore, the proposed acquisition of Solcara can now
proceed and is expected to complete later today.  The terms of the Placing and
acquisition were set out in the Circular.

Accordingly, application has been made for 12,625,291 new ArgentVive ordinary
shares, ranking pari passu with the existing ordinary shares, which are expected
to be admitted to trading on AIM on 16 January 2008.

Upon admission the number of shares in issue will be 41,191,307.


Enquiries:


ArgentVive plc                                   Tel:  01932 569 912
Kevin Fleming

Charles Stanley Securities                       Tel:  020 7149 6000
Nominated Adviser
Russell Cook
Carl Holmes

IAF Securities                                   Tel:  020 7747 7400
Gary Pinkerton

College Hill                                     Tel:  020 7457 2020
Mark Garraway




                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

REGDGGMMMKDGRZM

Argentvive (LSE:ARGV)
Historical Stock Chart
From Jun 2024 to Jul 2024

Argentvive (LSE:ARGV)
Historical Stock Chart
From Jul 2023 to Jul 2024