REG - Benchmark Hlgs PLC - Result of General Meeting

Benchmark HoldingsAnnouncement

16/12/2024 13:00

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RNS Number : 2559Q  Benchmark Holdings PLC  16 December 2024

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FOR IMMEDIATE RELEASE
 
16 December 2024

Benchmark Holdings plc

Result of General Meeting to approve the Disposal of the Genetics Business

Benchmark Holdings plc ("Benchmark" or the "Company"), a market leading
aquaculture genetics, specialist nutrition, and health business, announces
that at a general meeting of the Company held at 11.00 a.m. (UK time) today,
the resolution to approve the sale of the Company's Genetics business area (by
way of the disposal of Benchmark Genetics Limited and Benchmark Genetics
Norway AS and their respective subsidiaries) (the "Genetics Business") to
Starfish Bidco AS (an indirect wholly owned subsidiary of Novo Holdings A/S)
(the "Disposal"), pursuant to Rule 15 of the AIM Rules for Companies, was
passed by shareholders voting on a poll. The results of the poll are set out
below.

 VOTES FOR    %      VOTES AGAINST  %     VOTES TOTAL  % OF ISC VOTED  VOTES WITHHELD
 640,444,706  99.95  295,146        0.05  640,739,852  86.61%          1,897,239

 

Shareholders are reminded that the Disposal is also conditional upon receipt
of merger control and foreign investment clearances with completion expected
during the first quarter of 2025.

Enquiries

 

 For further information, please contact:
 Benchmark Holdings plc                          Tel:  0114 240 9939
 Ivonne Cantu, Investor Relations

 Evercore (Financial Adviser)                    Tel:  020 7653 6000

 Julian Oakley, Simon Elliott, Julien Baril

 Rabobank (Financial Adviser)                    Tel: +31 30 7122755

 Reinier Henneman, Hans Pronk, Benny Vossen

 Deutsche Numis (Nominated Adviser and Broker)   Tel:  020 7260 1000
 Freddie Barnfield, Duncan Monteith, Sher Shah

 MHP Group (Press Enquiries)                     Tel: 020 3128 8004
 Katie Hunt, Reg Hoare                           benchmark@mhpg (mailto:benchmark@mhpgroup.com) roup
                         (mailto:benchmark@mhpgroup.com) .com (mailto:benchmark@mhpgroup.com)

 

 

ABOUT BENCHMARK

Benchmark is a market leading aquaculture biotechnology company. Benchmark's
mission is to drive sustainability in aquaculture by delivering products and
solutions in genetics, advanced nutrition and health which improve yield,
growth and animal health and welfare.

 

Through a global footprint in 26 countries and a broad portfolio of products
and solutions, Benchmark addresses many of the major aquaculture species -
salmon, shrimp, sea bass and sea bream, and tilapia, in all the major
aquaculture regions around the world.  Find out more at www.benchmarkplc.com
(https://protect.checkpoint.com/v2/___http:/www.benchmarkplc.com___.bXQtcHJvZC1jcC1ldXcyLTE6bmV4dDE1OmM6bzpmZDAyNTBhNDM5ODY5ODAyZTNhM2ZjMDM5OTEwZDIwNDo2OjYwNGE6ZmI5MzU3MDUxMjFlZDgzOTI3Y2VjYWEwMWU2YjQ5OTJkODc4ZDFlMmQzN2JhNGVlYjliNzhhYTUyNDE3MDdkODpwOkY6Tg)

OTHER NOTICES

This announcement is not intended to and does not constitute an offer to buy
or the solicitation of an offer to subscribe for or sell or an invitation to
purchase or subscribe for any securities or the solicitation of any vote in
any jurisdiction.  The release, publication or distribution of this
announcement in whole or in part, directly or indirectly, in, into or from
certain jurisdictions may be restricted by law and therefore persons in such
jurisdictions should inform themselves about and observe such restrictions.

Evercore Partners International LLP ("Evercore"), which is authorised and
regulated by the Financial Conduct Authority ("FCA") in the UK, is acting
exclusively as financial adviser to Benchmark and no one else in connection
with the matters described in this announcement and will not be responsible to
anyone other than Benchmark for providing the protections afforded to clients
of Evercore nor for providing advice in connection with the matters referred
to herein.  Neither Evercore nor any of its subsidiaries, branches or
affiliates owes or accepts any duty, liability or responsibility whatsoever
(whether direct or indirect, whether in contract, in tort, under statute or
otherwise) to any person who is not a client of Evercore in connection with
this announcement, any statement contained herein, any offer or otherwise.
Apart from the responsibilities and liabilities, if any, which may be imposed
on Evercore by the Financial Services and Markets Act 2000, or the regulatory
regime established thereunder, or under the regulatory regime of any
jurisdiction where exclusion of liability under the relevant regulatory regime
would be illegal, void or unenforceable, neither Evercore nor any of its
affiliates accepts any responsibility or liability whatsoever for the contents
of this announcement, and no representation, express or implied, is made by
it, or purported to be made on its behalf, in relation to the contents of this
announcement, including its accuracy, completeness or verification of any
other statement made or purported to be made by it, or on its behalf, in
connection with Benchmark or the matters described in this document.  To the
fullest extent permitted by applicable law, Evercore and its affiliates
accordingly disclaim all and any responsibility or liability whether arising
in tort, contract or otherwise (save as referred to above) which they might
otherwise have in respect of this announcement, or any statement contained
herein.

Coöperatieve Rabobank U.A., acting through its Corporate Finance Advisory
M&A department, is supervised by the European Central Bank (ECB) and is
acting as exclusive financial adviser to Benchmark and to no other party in
relation to the matters described in this announcement. Coöperatieve Rabobank
U.A. is not responsible or liable to any other person in relation to the
matters described in this announcement and third parties shall have no (direct
or indirect) rights against Coöperatieve Rabobank U.A.

Numis Securities Limited (trading as "Deutsche Numis") is authorised and
regulated by the FCA in the UK and is acting as nominated adviser to the
Company and no one else in connection with the matters described in this
announcement and will not be responsible to anyone other than the Company for
providing the protections afforded to clients of Deutsche Numis nor for
providing advice in connection with the matters referred to herein. Neither
Deutsche Numis nor any of its affiliates (nor any of their respective
directors, officers, employees or agents), owes or accepts any duty, liability
or responsibility whatsoever (whether direct or indirect, whether in contract,
tort, under statute or otherwise) to any person who is not a client of
Deutsche Numis in connection with the matters set out in this announcement.

 

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