Boston International Holdings PLC Result of General Meeting (3196M)
May 20 2022 - 10:45AM
UK Regulatory
TIDMBIH
RNS Number : 3196M
Boston International Holdings PLC
20 May 2022
20 May 2022
BOSTON INTERNATIONAL HOLDINGS PLC
( "BIH" or the "Company")
Result of General Meeting
Total Voting Rights
The Board of Directors of the Company (the "BIH Board")
announces that at the General Meeting of the Company held earlier
today (the "General Meeting"), all resolutions put to shareholders
were duly passed.
The full text of the resolutions can be found in the Notice of
the General Meeting contained in the Circular to shareholders on
the Company's website at
https://www.bihplc.com/shareholder-information/circulars . A copy
of the Circular was also submitted to the National Storage
Mechanism and is available at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism .
At the General Meeting, there was also a discussion as to
whether any, and if so what, steps should be taken to deal with the
Company's 'serious loss of capital' position pursuant to section
656 of the Companies Act 2006.
As a general update to all of those shareholders who were not
present at the General Meeting, the BIH Board is continuing to
review potential new acquisition opportunities. Whilst it continues
its assessment of potential acquisition opportunities, the BIH
Board will prudently manage the Company's remaining cash reserves
and minimise its operating expenses in order to put the Company in
the best position possible to complete an acquisition.
Dealings in Ordinary Shares of 0.1 pence nominal value
The last day of dealings in existing ordinary shares of 1 pence
each in the Company will be today and it is anticipated that
dealings will commence in ordinary shares in the Company with their
new nominal value of 0.1 pence per share at 8.00am on Monday, 23
May 2022.
The ordinary shares in the Company with their new nominal value
of 0.1 pence per share will have the same SEDOL and ISIN codes as
the existing ordinary shares of 1 pence each in the Company: SEDOL
code BD70S87 and ISIN code GB00BD70S874.
Total voting rights
Following the share capital reorganisation approved pursuant to
Resolution 1 passed at the General Meeting, the Company's issued
share capital consists of 112,219,843 ordinary shares of 0.1 pence,
each with one voting right. The Company does not hold any ordinary
shares in treasury. Therefore, the total number of voting rights in
the Company is 112,219,843.
The above figure of 112,219,843 should be used by shareholders
in the Company as the denominator for the calculation by which they
may determine if they are required to notify their interest in, or
change to their interest in, the share capital of the Company under
the FCA's Disclosure Guidance and Transparency Rules.
For more information, please contact:-
Boston International Holdings Plc
Christopher Pitman, Chairman +44 (0) 7891 104329
Peterhouse Capital Limited (Broker)
Lucy Williams / Duncan Vasey +44 (0) 20 7469 0930
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END
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