Craven House Capital plc
("Craven House" or the "Company")
Result of General Meeting
The Company confirms that all resolutions at this morning's General Meeting were passed.
Approval for the payment of a special dividend in specie to shareholders was approved with a total of 2,228,685 votes for and 647,334 against, equating to over 77% of votes received in favour.
The Company will therefore immediately proceed with the proposed restructuring and issuance of the special dividend in specie in accordance with the timetable outlined in the recent shareholder circular as extracted below. It is anticipated that the special dividend will be paid to shareholders on or around the 29th May 2020.
Expected Timetable of Future Principal Events
| | |
| Record date | close of business on 22nd May 2020 |
| Announcement of results of General Meeting | 22nd May 2020 |
| Ex-entitlement date Expected date of Dividend in Specie | 28th May 2020 29th May 2020 |
~ Ends ~
For further information please contact:
| Craven House Capital Plc Mark Pajak
| Tel: 0203 286 8130
|
| SI Capital Broker Nick Emerson | Tel: 01483 413500 |
|
SPARK Advisory Partners Limited Nominated Adviser Matt Davis/James Keeshan |
Tel: 0203 368 3550
|
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