Result of General Meeting
July 23 2008 - 8:37AM
UK Regulatory
RNS Number : 7175Z
Argentvive PLC
23 July 2008
23 July 2008
ArgentVive plc
("ArgentVive" or the "Company")
Result of General Meeting
Disposal of Revauc Limited
ArgentVive announces that at the General Meeting of the Company held today, the resolution set out in the circular sent to shareholders
on 7 July 2007 (the "Circular") to approve the disposal of Revauc Limited ("Revauc") the Company's Reverse Auction business, was duly
passed.
Under the terms of the disposal which is expected to complete later on today, ArgentVive will receive a cash consideration of �500,000
and will also receive a 24% shareholding in the acquiring company, Solobee Limited.
Enquiries:
ArgentVive plc Tel: 01932 569 912
Kevin Fleming
Charles Stanley Securities Tel: 020 7149 6000
Nominated Adviser
Russell Cook
Carl Holmes
College Hill Tel: 020 7457 2020
Kate Rock
This information is provided by RNS
The company news service from the London Stock Exchange
END
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