Melrose PLC MRO Results of Court Meeting and General Meeting

  Melrose PLC (MRO) - Results of Court Meeting and General Meeting

RNS Number : 2720Q
Melrose PLC
05 November 2012

5 November 2012 


                                 MELROSE PLC


On 12 October 2012, Melrose PLC ("Melrose") announced proposals to introduce,
by means of a scheme of arrangement under Part 26 of the Companies Act 2006, a
new listed holding company for the Melrose group of companies (the "Scheme").
A circular (the "Circular") was posted to shareholders on 12 October 2012
containing, amongst other things, the terms of the Scheme, notices convening
the requisite Court Meeting and General Meeting and the details of the action
to be taken by shareholders.

Melrose announces that the Scheme was approved by the requisite majority at
the Court Meeting held earlier today and that all resolutions regarding the
proposed corporate reorganisation of which the Scheme forms part were passed
at today's Melrose General Meeting.

Completion of the proposed reorganisation remains subject to the conditions
set out in the Circular, including the sanction of the Scheme by the Court,
the hearing in respect of which is expected to take place on 26 November 2012.

The expected timetable of remaining key events is provided below:

Court Hearing                                                      26 November
Last day for dealings in Old Melrose Ordinary Shares               26 November
Scheme Record Date                                                 26 November
Scheme Record Time                                             6:00 p.m. on 26
Effective Date of the Scheme                                       27 November
Delisting of Old Melrose Ordinary Shares, Admission of New     8.00 a.m. on 27
Melrose Ordinary Shares, crediting of New Melrose Ordinary            November
Shares to CREST accounts and dealings in New Melrose Ordinary
Shares commence on the London Stock Exchange's main market for
listed securities
Court Hearing of the claim form to confirm the New Melrose         28 November
Reduction of Capital
New Melrose Reduction of Capital becomes effective                 29 November

All references in this document to times are to London time unless otherwise

Copies of the resolutions have been submitted to the National Storage
Mechanism in accordance with rule 9.6.2 of the UK Listing Rules and will be
available for inspection at

Details of the proxy votes received will shortly be available on the Melrose

Terms used in this announcement shall have the same meaning as set out in the



M: Communications
Financial PR
Nick Miles/Ann-marie Wilkinson/Andrew Benbow +44 (0) 20 7920 2330

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