Corporate News

Result of General Meeting and Schedule 1

Molins PLC (“Molins” or the “Company”) announces that the Resolutions put to Shareholders at today’s General Meeting of the Company were duly passed by the requisite majority on a show of hands. The Resolutions, both passed as special business, have been submitted to the National Storage Mechanism and are available for inspection at www.morningstar.co.uk/uk/NSM.

 

Following the passing of the Cancellation Resolution, the Company has applied to cancel the listing of the Ordinary Shares on the Official List and their admission to trading on the London Stock Exchange’s Main Market for listed securities.

 

In connection with the application for the Ordinary Shares to be admitted to trading on AIM, the Company has submitted a Schedule 1 announcement to AIM, prepared in accordance with the AIM Rules. The Schedule 1 announcement is expected to be released shortly.

 

The Cancellation is expected to become effective at 8.00 a.m. on 19 June 2014 and Admission is expected to become effective at 8.00 a.m. on the same date.

 

Unless otherwise stated, capitalised terms in this announcement have the same meaning as in the Circular posted to Shareholders on 24 April 2014, a copy of which is available on the Company’s website at www.molins.com.

 

For further information please contact: 

 

Molins PLC

 

Tel: +44 (0)1908 246870

Dick Hunter, Chief Executive

 

 

David Cowen, Group Finance Director        

 

 

Panmure Gordon (UK) Limited

Tel: +44 (0)20 7886 2500

 

Hugh Morgan / Peter Steel

 

 

MHP Communications

 

Tel: +44 (0)20 3128 8100
Andrew Jaques / Simon Hockridge  

General Meeting 20 May 2014 - Proxy Result

View our General Meeting 20 May 2014 - Proxy Result

Interim Management Statement

Molins PLC, the international specialist technology and services company, is holding its Annual General Meeting today and is issuing its interim management statement covering the period from 1 January 2014, the start of the Company’s financial year, to date.

 

Trading in the period has been largely as the board expected, with sales at similar levels to last year.  Order intake has been below the same period last year, although order prospects are strong and this difference is expected to be closed.

 

The board’s expectation of Group trading in the year remains unchanged.  As in previous years, the board expects that trading will be significantly second half weighted, with the timing of order intake having a stronger bearing on the first and second half split.  There has been no significant change in the financial position of the Group since 31 December 2013.

 

Separately today, the Company has announced that it expects to post a circular to shareholders today concerning details of its proposed cancellation of its ordinary shares from the Official List and subsequent admission to trading on AIM.

 

 

Enquiries:

 

 

Molins PLC

 

Panmure Gordon (UK) Limited

Dick Hunter, Chief Executive

Hugh Morgan

David Cowen, Group Finance Director  

Tel: +44 (0)20 7886 2500

Tel: +44 (0)1908 246870

 

 

MHP Communications

 

 
Andrew Jaques, Simon Hockridge  
Tel: +44 (0)20 3128 8100  

 

 

Annual General Meeting Result

Molins PLC announces that all resolutions put to the shareholders at the Annual General Meeting of the Company held on 24 April 2014 were duly passed and that copies of the three resolutions passed under special business have been submitted to the National Storage Mechanism and are available for inspection at www.morningstar.co.uk/uk/NSM.

 

Enquiries       

 

Molins PLC                                  Tel:  01908 246870 

 

Sara Cannon, Secretary