TIDMR4E

RNS Number : 7125H

Reach4Entertainment Enterprises PLC

02 December 2015

02 December 2015

reach4entertainment enterprises plc

("r4e", the "Company" or the "Group")

Result of General Meeting and Total Voting Rights

The Board of r4e announces that all the resolutions proposed to shareholders at the Company's General Meeting, held earlier today, were duly passed. As a result, completion of the Bank Refinancing with AIB, which is conditional upon, inter alia, admission of the New Ordinary Shares to trading on AIM, entering into the Settlement Agreement with AIB and entering into the New Facility with PNC, is expected to occur on or around 04 December 2015. A further announcement will be made in due course.

Application has been made for the 474,894,792 New Ordinary Shares, comprising 400,000,000 Placing Shares and 74,894,792 New Ordinary Shares issued pursuant to the Capital Reorganisation, to be admitted to trading on AIM. Such Admission is expected to become effective at 8.00 a.m. on 03 December 2015.

Total Voting Rights

On Admission the Company's Enlarged Share Capital shall consist of 474,894,792 New Ordinary Shares of 0.5p each. The Company does not hold any shares in treasury.

The above figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

David Stoller, Executive Chairman of the Company, commented "I am very pleased to welcome the new shareholders and thank existing shareholders for their support. With the completion of this fundraising and the re-financing of the Company's debt, r4e will immediately become a very different business. No longer overly constrained by debt, we will have the opportunity to pursue our strategies aimed not only at maintaining, but expanding upon our leading positions in marketing theatre shows in the West End and Broadway."

The same definitions apply throughout this announcement as are applied in the Circular, published on 13 November 2015, copies of which are available on the Company's website, www.r4e.com.

Enquiries:

 
 reach4entertainment enterprises 
  plc                                  +44 (0) 20 7968 
  David Stoller, Executive Chairman     1655 
 Allenby Capital (Nominated Adviser 
  and Broker)                          +44 (0) 20 3328 
  Jeremy Porter/James Reeve             5656 
                                       +44 (0) 20 3151 
 Novella Communications (Financial      7008 
  PR)                                   +44 (0) 7900 
  Tim Robertson / Ben Heath             927650

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCBLLFBELFFFBV

(END) Dow Jones Newswires

December 02, 2015 05:22 ET (10:22 GMT)

Reach4entertainment Ente... (LSE:R4E)
과거 데이터 주식 차트
부터 6월(6) 2024 으로 7월(7) 2024 Reach4entertainment Ente... 차트를 더 보려면 여기를 클릭.
Reach4entertainment Ente... (LSE:R4E)
과거 데이터 주식 차트
부터 7월(7) 2023 으로 7월(7) 2024 Reach4entertainment Ente... 차트를 더 보려면 여기를 클릭.