RESULT OF GENERAL MEETING APPROVAL OF DELISTING


 
TIDMVSC 
 
DATE: 4 February 2010 
 
 
 
                 VISONIC LIMITED ("Visonic" or the "Company") 
 
 
 
                           RESULT OF GENERAL MEETING 
 
                             APPROVAL OF DELISTING 
 
 
 
The Board of Visonic announces that the Resolutions proposed at the General 
Meeting ("GM") held earlier today, to approve the cancellation of listing of 
its Shares on the Official List and the trading of its Shares on the main 
market of the London Stock Exchange and to approve the proposed amendments to 
the Company's Articles of Association ("Articles"), as set out in the notice of 
GM sent to Shareholders dated 11 January 2010, were duly approved by 
Shareholders1. 
 
 
 
Accordingly, the Delisting, which was conditional upon the consent of not less 
than 75 per cent. of the votes cast at the GM in relation to the Delisting 
Resolution, is expected to occur at 8.00 a.m. (UK time) on 5 March 2010, being 
at least twenty clear business days following the date that shareholder 
approval was obtained. The Company has made a formal application for Delisting. 
 
The Company intends to close the UK Branch Register and terminate the 
depository interest facility shortly following the Delisting, at which point 
depositary interests will automatically be removed from CREST and all Shares on 
the UK Branch Register will be transferred to the IL Principal Register. 
Depositary interest holders will be given notice of the termination of the 
facility and the Company will announce such date on its website. 
 
In order to facilitate the continued trading of Visonic Shares on TASE by its 
current UK Shareholders, the Company has arranged for the services of Clal 
Finance Batucha Investment Management Limited ("Clal Finance Batucha"), one of 
the largest financial institutions in Israel, to be made available to such 
shareholders. Contact details for Clal Finance Batucha will published on the 
Company's website at www.visonic.com/news-media. 
 
1Details of proxy voting on the Resolutions are set out below: 
 
 
 
Resolution  Business                           In favour     Against  Withheld 
 
                                                  Votes   %  Votes  %  Votes  % 
 
1           Delisting approval               33,360,614 100      0  0      0  0 
 
2           Amendments to the Articles       33,360,614 100      0  0      0  0 
 
 
 
 
 
*  The "in favour" votes include votes giving the Chairman discretion. 
 
 
 
 
 
** A "vote withheld" is not a vote in law and is not counted in the calculation 
of the proportion of votes for or against a resolution. 
 
 
 
 
 
 
Terms defined in this announcement shall have the same meaning as in the 
Circular to Shareholders dated 11 January 2010, unless otherwise stated. 
 
 
 
 
 
For further information please contact: 
 
Yair Naaman               (CFO) 
 
Adi Enav                  Investor Relations 
 
Visonic Limited 
 
Tel:                      + 972 3 645 6797 
 
Web-site:                 www.visonic.com 
 
 
 
Alistair Mackinnon-Musson 
 
Nathan Field 
 
HudsonSandler 
 
Tel:                      + 44 (0)20 7796 4133 
 
Email:                    visonic@hspr.com 
 
 
 
Richard Johnson 
 
Edward Gay 
 
Arbuthnot Securities 
 
Tel:                      + 44 (0)20 7012 2000 
 
 
 
 
 
 
END

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