Safestyle UK PLC EGM Result & Resignation of Nomad & Joint Brokers (3012Z)
11 January 2024 - 3:50AM
UK Regulatory
TIDMSFE
RNS Number : 3012Z
Safestyle UK PLC
10 January 2024
10 January 2024
Safestyle UK plc
("Safestyle" or the "Company")
Result of EGM
Appointment of Liquidators
and
Resignation of Nominated Adviser and Joint Brokers
Safestyle announces that, further to the announcement on 18
December 2023 notifying shareholders of an extraordinary general
meeting ("EGM"), the resolutions to approve the winding up of the
Company and to nominate Mark Kelly and Leonard Gerber of KPMG, and
David Standish of Interpath Advisory, as joint liquidators (the
"Joint Liquidators") were duly passed. Further, at a meeting of
creditors immediately following the EGM, the appointment of the
Joint Liquidators was confirmed. Any enquiries regarding the
Company or its liquidation should be directed to Leonard Gerber at
restructuring-ci@kpmg.com . The telephone number is +44 1534 888
891.
The Company announces that Rob Neale, Phil Joyner, Michelle
Williams, Alan Lovell, Julia Porter and Fiona Goldsmith, directors
of the Company, will resign from the board at a time that is
appropriate to ensure they can support the Joint Liquidators in the
fulfilment of their duties.
Further, following the appointment of the Joint Liquidators,
Zeus has resigned as Nominated Adviser and Joint Broker to the
Company with immediate effect. Accordingly, the Company's ordinary
shares will remain suspended from trading on AIM, inter alia,
pursuant to AIM Rule 1, pending the appointment of a replacement
nominated adviser.
If the Company fails to appoint a replacement nominated adviser
within one month of today's date, admission of the Company's shares
to trading on AIM will be cancelled.
Liberum has also resigned as Joint Broker to the Company with
immediate effect.
A summary of the votes lodged by proxy at the EGM are included
below.
Resolution Votes For % For Votes % Against Votes
Against Withheld
To approve the winding
1. up of the Company* 36,575,799 8 5.86 6,025,785 14.14 12,272
--------------------------- ----------- ------- ---------- --------- ----------
To nominate Mark Kelly
and Louis Gerber as Joint
2. Liquidators* 36,565,799 8 5.86 6,022,894 14.14 24,872
--------------------------- ----------- ------- ---------- --------- ----------
* Special Resolution
(1) Any proxy appointments, which gave discretion to the
Chairman have been included in the 'For' votes total.
(2) Votes "For" and "Against" any resolution are expressed as a
percentage of votes validly cast for that resolution.
(3) A "Vote withheld" is not a vote in law and is not counted in
the calculation of the percentage of shares voted "For" or
"Against".
(4) The number of shares in issue on 10 January 2024 was
138,867,384 with no shares in treasury.
For further information:
KPMG restructuring-ci@kpmg.com
Le onard Gerber / Mark Kelly
Zeus Tel: 0203 829 5000
Dan Bate / James Edis (Investment Banking)
Liberum Capital Limited Tel: 0203 100 2100
Jamie Richards / William King
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END
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