30/10/2014
Result of General Meeting
The Company is pleased to announce that all of the resolutions proposed at the General Meeting held earlier today, were duly passed on a show of hands.
Shareholders have accordingly approved the Return of Cash to Shareholders of £1.20 per Existing Ordinary Share by way of one B Share or C Share for each Existing Ordinary Share and a 11 for 12 Share Capital Consolidation, as set out in the Circular to Shareholders dated 14 October 2014.
Application has been made to the London Stock Exchange and the UK Listing Authority for the admission to the Official List, and to trading on the London Stock Exchange's market for listed securities, of New Ordinary Shares of 12. pence each. It is expected that these shares will be admitted to the Official List and that dealings in the New Ordinary Shares will commence on London Stock Exchange's market for listed securities at 8.00am on 3 November 2014.
For information, the proxy votes cast in respect of the resolutions were as follows:
| Resolution (no. as noted on the Form of Proxy) | Votes For | Votes Against | Votes marked as Votes Withheld | Poll Yes/No |
|---|---|---|---|---|
| 1. To approve and adopt new articles of association (containing the rights to be attached to the B Shares, C Shares and Deferred Shares) and approve the proposed purchase of the Deferred Shares. | 42,212,276 | 7,545 | 158,923 | No |
| 2. To approve the Return of Cash and related matters (including authorising the directors to allot B Shares and C Shares). | 42,211,899 | 7,494 | 159,351 | No |
| 3. To approve the consolidation and sub-division of the Existing Ordinary Shares into New Ordinary Shares. | 42,212,327 | 7,097 | 159,320 | No |
| 4. To approve the Buyback Contract. | 42,209,430 | 7,097 | 162,217 | No |
| 5. To approve and adopt new articles of association to take effect 1 January 2015. | 42,212,327 | 7,097 | 159,320 | No |
Notes
(i) The "Votes for" figures include those votes giving the Chairman discretion on casting the votes.
(ii) A "Vote Withheld" is not a vote in law and is not counted in the total number of votes cast on a resolution.
Copies of the document setting out the resolutions passed by the Company at the General Meeting have been submitted to the National Storage Mechanism and will shortly be available for inspection at www.morningstar.co.uk/uk/NSM
All defined terms used in this announcement shall have the same meaning as in the Circular issued to Shareholders dated 14 October 2014.
For more information
Mike McCollum, Chief Executive
Steve Whittern, Finance Director
Dignity plc Tel: +44 (0)121 354 1557
Richard Oldworth
Sophie McNulty
Clare Akhurst
Buchanan Communications Tel: +44 (0)207 466 5000