REG - TLA Worldwide PLC - Result of General Meeting
RNS Number : 5870LTLA Worldwide PLC27 December 2018
27 December 2018
TLA Worldwide plc
("TLA" and together with its subsidiaries, the "Group")
Result of General Meeting
TLA Worldwide plc (AIM: TLA), a leading athlete representation and sports marketing business, announces that the resolution proposed at its General Meeting held earlier today to approve the proposed sale of The Legacy Agency, Inc. and TLA Worldwide Americas, Inc. ("US Businesses") to GCM Sports Holdings, Inc. ("Resolution") was duly passed.
The Group is pleased to confirm that following the passing of the Resolution, the sale of the US Businesses is expected to complete shortly and a further announcement will be made in due course.
Further details of the Disposal are set out in the circular to shareholders dated 11 December 2018.
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.
Enquiries:
TLA Worldwide plc
Keith Sadler, Senior Independent Non-Executive Director
+44 20 7618 9100
Beaumont Cornish Limited (Nomad and Broker)
Roland Cornish, James Biddle
+44 20 7628 3396
Luther Pendragon
Harry Chathli, Alexis Gore
+44 20 7618 9100
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