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Poundland, Steinhoff successfully conclude meetings

07 September 2016 12:56

Poundland and Steinhoff International Holdings NV said the Court and General Meetings were each successfully concluded.

These related to Steinhoff Europe AG's recommended cash offer for the entire issued and to be issued share capital of Poundland not already directly or indirectly owned by it.

The meetings concluded that:

- Scheme Shareholders voted to approve the Scheme at the Court Meeting; and

- holders of Poundland Shares voted to pass the Special Resolution in relation to the Scheme at the General Meeting.

The total number of Poundland Shares in issue at the Voting Record Time was 268,701,797. Consequently, the total voting rights in Poundland at the Voting Record Time were 268,701,797. The voting results and the total votes cast at each meeting are set out below and will be posted on Poundland's website.

At 12:56pm:

(LON:PLND) Poundland Group share price was +3.38p at 227.38p

Story provided by StockMarketWire.com

Related Company: PLND

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