REG - Nexus Infrastructure - Result of General Meeting

Nexus InfrastructureAnnouncement

16/01/2023 11:30

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230116:nRSP8488Ma&default-theme=true

RNS Number : 8488M  Nexus Infrastructure PLC  16 January 2023

16 January 2023

Nexus Infrastructure plc

 

("Nexus" or the "Company" or the "Group")

 

Result of General Meeting

 

 

Nexus Infrastructure plc ("Nexus") is pleased to announce that at the general
meeting of the Company held today, the resolution was duly passed by
shareholders. Accordingly, the conditional disposal of TriConnex and eSmart
Networks to FWCP Spark (UK) Holdco Limited (the "Purchaser") for a total cash
consideration of £77.7m, has been approved by Nexus shareholders. The
disposal is expected to complete on 3 February 2023 ("Completion").

 

Capital return

As previously announced, Nexus intends to return approximately £65m to
shareholders by way of a tender offer, which will be subject to approval by
Nexus shareholders.  A circular containing details of the tender offer as
well as a notice convening a general meeting of shareholders is expected to be
published shortly after Completion of the Disposal.

 

General Meeting voting result for the resolution

 Resolution  Votes for                       Votes against                   Votes withheld  Total proxy votes
             No. of votes  % of votes cast*  No. of votes  % of votes cast*  No. of votes
 1           28,740,659    83.34             5,539,964     16.6              6,218           34,280,623

* Excludes withheld votes

Enquiries:

 

 Nexus Infrastructure plc                              Tel: 01376 559 550

 Richard Kilner - Chairman

 Mike Morris - CEO

 Alan Martin - CFO

 Numis Securities Limited                              Tel: 020 7260 1000

 (Financial Adviser, Nominated Adviser & Broker)

 Oliver Hardy (Nomad)

 Heraclis Economides

 Hannah Boros

 Camarco                                               Tel: 020 3757 4992 / 4981

 (Financial Public Relations)

 Ginny Pulbrook

 Rosie Driscoll

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  ROMBBGDBRGBDGXL