Result of General Meeting
ProService Building Services Marketplace plc announced that all resolutions related to its proposed refinancing were passed at a General Meeting, with strong shareholder support of approximately 97.83% for both ordinary and special resolutions. While the refinancing was expected to complete today, bank processing constraints have delayed the expected completion date to 20 July 2026. The company confirmed that 88.26% of its issued share capital was voted on the resolutions.
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ProService Building Services Marketplace plc (the "Company") announces that at the GM held earlier today, all resolutions set out in the notice of meeting of shareholders dated 29 June 2026 ("Notice of Meeting"), including shareholder approval of the transactions contemplated by the Proposed Refinancing (as such term, and any other terms in this announcement not otherwise defined in this announcement, are defined in the circular accompanying the Notice of Meeting (the "Circular")) were voted on a poll and were duly passed by the requisite majorities.
Update to expected timetable
The expected timetable of principal events set out in the Circular indicated that the Proposed Refinancing would complete today. Due to bank processing constraints, the Proposed Refinancing is now expected to complete on 20 July 2026.
The results of the poll are set out below:
| Ordinary Resolution | Votes for | % Votes for 1 | Votes against | % Votes against 1 | Total votes validly cast | % of issued share capital voted 1,2,3 | Votes withheld 2 |
|---|---|---|---|---|---|---|---|
| Resolution 1: To, subject to and conditional upon the passing of resolution 2, authorise the directors to allot shares in the Company or rights to subscribe for, or convert any securities into, shares in the Company (see notice). | 689,506,924 | 97.83% | 15,285,283 | 2.17% | 704,792,207 | 88.26 | 107,282 |
| Special Resolution | |||||||
| Resolution 2: To, subject to and conditional upon the passing of resolution 1, authorise the directors to allot equity securities for cash pursuant to the authority conferred by Resolution 1 as if section 561(1) of the Companies Act 2006 did not apply to any such allotment (see notice). | 689,504,377 | 97.83% | 15,281,125 | 2.17% | 704,785,502 | 88.25 | 113,987 |
Notes:
- The percentages above are rounded to two decimal places.
- The number of ordinary shares in issue on 15 July 2026 was 798,584,277. Shareholders are entitled to one vote per share.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.