LMS CAPITAL PLC

AGM Information • Aug 11, 2017

National Storage Mechanism | Additional information

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RNS Number : 8107N

LMS Capital PLC

11 August 2017

LMS Capital plc

Results of General Meeting 

LMS Capital plc (the "Company") announces that, at its general meeting held earlier today: (i) the resolution to approve the waiver of Rule 9 of the City Code on Takeovers and Mergers in connection with the Tender Offer (the "Rule 9 Waiver Resolution") was passed as an ordinary resolution; and (ii) the resolution to authorise the Company to make purchases of Ordinary Shares in connection with the Tender Offer (the "Repurchase Resolution") was passed as a special resolution (together, the "Resolutions"). The results of the poll on the Resolutions are set out below. For the purposes of this announcement, unless otherwise defined, capitalised words and phrases shall have the meaning given to them in the circular to shareholders dated 26 July 2017 (the "Circular").

The results of the Tender Offer are expected to be announced on 15 August 2017. Further details of the Tender Offer are set out in the Circular. 

				Total votes cast
Resolution	For/ discretionary (number/%)*	Against (number/%)*	Votes Withheld** (number)	Number	% of issued share capital represented by the votes cast
1. Rule 9 Waiver Resolution***	20,724,737 98.54%	307,796 1.46%	29,543,828	21,032,533	21.8%
2. Repurchase Resolution	53,243,816 100%	- -	2,669	53,243,816	55.2%

* Percentages are expressed as a proportion of the total votes cast.

** A vote withheld is not a vote in law and is not counted in the calculation of the votes "for" or "against" the Resolutions, nor in the calculation of the total votes cast.

*** The Concert Party did not vote on this resolution.

In accordance with the UK Financial Conduct Authority's Listing Rules, a copy of the Resolutions will shortly be submitted to the National Storage Mechanism and will be available at www.morningstar.co.uk/uk/NSM.

For further information please contact:

LMS Capital plc 

Martin Knight, Chairman                                                                                                                    020 3837 6270

Gresham House Asset Management Limited                            

Graham Bird                                                                                                                                         020 3837 6270

J.P. Morgan Cazenove                                                                                                                     

Michael Wentworth-Stanley                                                                                                               020 7742 4000

J.P. Morgan Securities plc, which conducts its UK investment banking business as J.P. Morgan Cazenove, is authorised by the Prudential Regulation Authority and regulated by the Prudential Regulation Authority and the Financial Conduct Authority and is acting for the Company and no one else in connection with the Waiver, Rule 9 Waiver Resolution, Tender Offer and Repurchase and will not be responsible to anyone other than the Company for providing the protections afforded to its clients nor for providing advice in connection with the Waiver, Rule 9 Waiver Resolution, Tender Offer and Repurchase.

Apart from the responsibilities and liabilities, if any, which may be imposed on J.P. Morgan Cazenove by FSMA, the FS Act, or the regulatory regimes established thereunder, J.P. Morgan Cazenove accepts no responsibility whatsoever for the contents of this announcement or the Circular and disclaims all and any liability whether arising in tort, contract or otherwise (save as referred to above) which it might otherwise have in respect of this announcement or the Circular.

This information is provided by RNS

The company news service from the London Stock Exchange

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