15 November 2023
Reach plc
Results of General Meeting
On 10 October 2023, Reach plc (the "Company") announced that it was proposing to undertake a capital reduction of the Company's share premium account (the "Capital Reduction"). The Capital Reduction was subject, inter alia, to approval by Shareholders at a General Meeting. In accordance with the arrangements announced on 20 October 2023, the General Meeting of the Company was held today at 10:00am at Norton Rose Fulbright LLP's Offices, 3 More London Riverside, London, SE1 2AQ.
All valid proxy votes (whether submitted electronically or in hard copy form) were included in the poll taken at the meeting. Resolution 1 was passed as a special resolution. The results of the poll are set out below.
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| VOTES | % | VOTES | % | VOTES | % of ISC VOTED | VOTES |
| 1 | THAT, subject to the confirmation of the High Court of Justice in England and Wales, the balance standing to the credit of the share premium account of the Company be cancelled. | 247,650,410 | 99.98 | 53,581 | 0.02 | 247,703,991 | 77.90 | 28,760 |
Notes:
1. A "vote withheld" is not a vote in law and is not counted in the calculation of the proportion of the votes "for" and "against" a resolution.
2. The issued share capital figure used to calculate the percentage voted is 317,974,385. This is the figure as at the close of business on 13 November 2023 and excludes the number of ordinary shares held in treasury at that date.
The Company will now apply to the Court for confirmation of the Capital Reduction. The Capital Reduction will only become effective if the Court confirms the Capital Reduction and the order of the Court confirming the Capital Reduction is delivered to, and registered by, the Registrar of Companies in England and Wales.
In accordance with Listing Rule 9.6.3R of the UK Financial Conduct Authority (FCA), a copy of the resolutions passed as Special Business at the General Meeting have been submitted to the UK Listing Authority and will be available for public inspection at the National Storage Mechanism (NSM) https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
| Enquiries |
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| Reach plc |
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| Jim Mullen, Chief Executive Officer Darren Fisher, Chief Financial Officer Lorraine Clover, Group Company Secretary
| 020 7293 3000 | ||
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| Teneo |
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| Giles Kernick / David Allchurch | 020 7353 4200 | ||
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| LEI: 213800GNI5XF3XOATR61 Classification: 3.1 Additional Information | | ||
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