28 December 2011 Hightex Group plc ("Hightex" or "the Company") Result of General Meeting

The Company is pleased to announce that all resolutions set out in the circular to shareholders dated 9 December 2011 and proposed at its General Meeting held today were duly passed. The resolutions were in respect of, inter alia, a proposed Subscription and Placing of 94,973,338 new ordinary shares of 1p each in the Company which were each issued at 1.5p.

Admission of the Subscription Shares and Placing Shares

Application has been made for the Placing and Subscription Shares to be admitted to trading on AIM ("Admission"). It is expected that admission of 86,640,004 new Ordinary Shares (the "First Admission Shares") will become effective and dealings in such Ordinary Shares will commence on 29 December 2011, and not 86,540,004 new Ordinary Shares as previously announced on 9 December 2011.
It is expected that admission of 8,333,334 new Ordinary Shares (the "Second Admission
Shares") will become effective and dealings in these Ordinary Shares will commence on
4 January 2012. In both instances, dealings will commence on AIM on the same day as Admission. The Subscription Shares and Placing Shares will rank pari passu with the existing Ordinary Shares currently traded on AIM. Following the Second Admission, there will be 282,820,727 Ordinary Shares in issue.

Contact

Hightex Group plc

Charles DesForges, Executive Chairman Tel: +44 (0) 20 7603 1515
Frank Molter, Chief Executive Officer www.hightexworld.com

finnCap

Geoff Nash/Henrik Persson - Corporate Finance Tel: +44 (0) 20 7220 0500
Simon Starr - broking www.finncap.com

Hudson Sandler

Charlie Jack Tel: +44 7717015754

Nathan Field www.hudsonsandler.com

distribué par

Ce noodl a été diffusé par Hightex Group plc et initialement mise en ligne sur le site http://www.hightexworld.com. La version originale est disponible ici.

Ce noodl a été distribué par noodls dans son format d'origine et sans modification sur 2011-12-28 14:27:05 PM et restera accessible depuis ce lien permanent.

Cette annonce est protégée par les règles du droit d'auteur et toute autre loi applicable, et son propriétaire est seul responsable de sa véracité et de son originalité.

Documents associés
Result of General Meeting