Result of General Meeting


 

TIDMHNN 
 
RNS Number : 8915R 
Norman Hay PLC 
31 August 2010 
 

 
 
Press release 
For immediate release 
31st August 2010 
 
Norman Hay plc 
 
Re:    Proposed cancellation of admission to trading on AIM 
-   Result of General Meeting 
 
Norman Hay plc ("Norman Hay" or "The Company"), the specialist chemicals and 
systems group, announces that at a General Meeting held earlier today, the 
resolution to cancel the admission of the Company's ordinary share capital to 
trading on AIM was duly passed. 
 
Details of the proxies received from shareholders in respect of the resolution 
are as follows: 
 
 
+-----------+------+---------------+------+---------+------+----------+------+ 
|  Proxies  |  *   |    Proxies    |  *   |Proxies  |  *   | Proxies  |  *   | 
|    in     |  %   |discretionary  |  %   |against  |  %   |withheld  |  %   | 
|  favour   |      |               |      |         |      |          |      | 
+-----------+------+---------------+------+---------+------+----------+------+ 
|9,195,789  |87.2  |    952,061    | 9.0  |396,924  | 3.8  |    0     |  0   | 
+-----------+------+---------------+------+---------+------+----------+------+ 
 
*Percentage of Proxy Votes received. 
 
Cancellation of the admission of the Company's ordinary share capital to trading 
on AIM is expected to occur at 7.00 am on 8 September 2010. 
 
As detailed in the Circular to shareholders dated 6 August 2010, the Company 
intends to facilitate a dealing arrangement to enable Shareholders to trade 
their Ordinary Shares by way of a matched bargain service.  Once this facility 
has been finalised, details will be made available to Shareholders via the 
Company website: www.normanhay.com.  If this facility proves effective, the 
Board may consider appointing an external service provider to supply the 
service. 
 
Update on current trading 
 
Trading during the first 6 months of 2010 remains consistent with the statement 
that was issued at our Annual General Meeting in June. 
 
Our automotive impregnation and sealants business continues to show good results 
internationally, although we remain cautious as to the level of recovery that 
will be sustained in the short term in the automotive industry. 
 
The engineering business remains focused on meeting its healthy order book, 
which currently includes a number of  large overseas contracts. 
 
Whilst we continue to see declining revenues in our UK based surface coatings 
operations, particularly those sites focused on oil and gas, we expect our 
current reduced activity levels to recover in due course. 
 
We continue to work well with Normet, our partner in our construction chemicals 
division. Although conditions remain challenging in certain markets, the 
performance in 2010 has exceeded 2009 to date. 
 
Generally, the Group has performed well during the first 6 months of 2010 and, 
as a result, the Directors are proposing to raise the interim dividend to 2.2p 
per share (2009: 2.0p). 
 
This dividend will be paid on 29 October 2010 to shareholders on the register on 
1 October 2010. 
 
 
 
-   ENDS - 
 
 
Enquiries to: 
 
Vic Bellanti 
Norman Hay plc 
Tel: +44 (0)24 7622 9373 
 
 
David Haggie and Juliet Tilley 
Haggie Financial 
Tel: +44 (0)20 7417 8989 
 
About Norman Hay plc 
 
Norman Hay plc is a global chemicals & systems group, with over 60 years of 
trading history.  It operates globally in five continents and is headquartered 
in Coventry, UK. The Group has four main subsidiaries: "Ultraseal" - automotive 
sealants; "Armourcote" - surface coatings; "TAM International" - construction 
chemicals; and "Norman Hay Engineering" - bespoke process plants. 
 
For more information see www.normanhay.com 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 ROMEADPFDANEEFF
Norman Hay (LSE:HNN)
過去株価チャート
から 5 2024 まで 6 2024