RNS Number : 3352I
Utilico Emerging Markets Limited
20 March 2018
 

20 March 2018

 

UTILICO EMERGING MARKETS LIMITED

(LEI Number: 213800UYZLSYB84N2H09)

 

Result of Scheme Meeting

 

The Board of Utilico Emerging Markets Limited (the "Company") is pleased to announce that, at the Scheme Meeting held earlier today in connection with the recommended proposals for the reorganisation of the Company in order to effect its re-domiciliation to the United Kingdom, Shareholders voted in favour of the resolution to approve the Scheme.

 

The voting results in relation to the Scheme Meeting were as follows:

 


Number of Shareholders who voted

% of Shareholders who voted

Number of Shares voted

% of Shares voted

Number of Shares voted as a % of Total Shares*

For

26

96.30

123,284,946

99.99

52.57

Against

1

3.70

11,688

0.01

0.01

Total

27

100.00

123,296,634

100.00

52.58

* The total number of Shares in issue at the Scheme Meeting Record Date was 234,508,636.

 

Implementation of the Scheme is conditional on, inter alia, the Scheme being sanctioned by the Court, a copy of the Court order being delivered to the Registrar of Companies in Bermuda for registration and Admission of the UEM Trust Shares to be issued pursuant to the Scheme. 

 

The expected timetable of principal events is as follows:


2018

Scheme Record Date

6.00 p.m. on 27 March

Suspension of Ordinary Shares

7.30 a.m. on 28 March

Court hearing to sanction the Scheme

28 March

Scheme Effective Date

28 March

Listing hearing to consider the application for Admission of the UEM Trust Shares

29 March

Date on which the Scheme is implemented and Admission and unconditional dealings in UEM Trust Shares commence

3 April

Crediting of CREST accounts in respect of the UEM Trust Shares issued pursuant to the Scheme

3 April

Share certificates in respect of UEM Trust Shares issued in certificated form despatched by post

 the week commencing 2 April or as soon as practicable thereafter

Notes:

1)    Unless otherwise stated, all references to times in this document are to London times.

2)    All times and dates in the Expected Timetable and in this document (where permitted by law) may be subject to adjustment.  Any changes to the Expected Timetable set out above will be notified through an RIS.

Terms used and not defined in this announcement bear the meaning given to them in the Circular.

 

 

Name of contact and telephone number for enquiries:

 

ICM Investment Management Limited                       01372 271486

Charles Jillings / Alastair Moreton


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