RESTORE PLC — AGM Information 2015

Dec 7, 2015

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RNS Number : 2727I

Restore PLC

07 December 2015

7 December 2015

Restore PLC

RESULT OF GENERAL MEETING

Restore plc ("Restore" or the "Company") confirms that, at the General Meeting held today, all resolutions proposed were duly passed.

Accordingly, further to the announcement of 4 November 2015, the Company confirms, subject to admission becoming effective, the issue and allotment of 13,076,924 new ordinary shares of 5 pence each ("New Ordinary Shares") at 260 pence per share.  This represents approximately 13.6 per cent of the enlarged share capital, raising £34.0 million (before expenses) for the Company to fund the acquisition, the costs associated with the acquisition and the ongoing working capital requirements of the enlarged group.

An application has been made to the London Stock Exchange for the enlarged share capital to be admitted to trading on AIM. Subject to any outstanding conditions having been met, trading in the New Ordinary Shares is expected to commence at 8.00 a.m. tomorrow.

Following admission of the New Ordinary Shares, the Company's issued share capital carrying voting rights will be 95,954,760.

Further details of the acquisition and the placing can be found in the announcement of 4 November 2015 and the circular posted to shareholders on 5 November 2015. This is available to download at http://www.restoreplc.com/shareholder-documents.php

For further information please contact:

Restore plc
Charles Skinner, Chief Executive	07966 234 075
Adam Councell, Group Finance Director	07860 402 434
Cenkos Securities	020 7397 8900
Nick Wells
Elizabeth Bowman
FTI Consulting
Nick Hasell	020 3727 1340
Alex Le May

This information is provided by RNS

The company news service from the London Stock Exchange

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