QPP Quindell

TIDMQPP

RNS Number : 5547K

Quindell PLC

17 April 2015

17 April 2015

Quindell Plc

("Quindell" or the "Company" or the "Group")

Result of General Meeting

and

Disposal Update

On 30 March 2015, the Company announced that it had entered into a conditional sale and purchase agreement to dispose of its Professional Services Division to Slater and Gordon Limited ("Disposal") subject to certain conditions including, inter alia, the approval of the Company's Shareholders of the Disposal at the General Meeting. Words and expressions defined in the Circular to Shareholders dated 30 March 2015 shall, unless the context provides otherwise, have the same meaning in this announcement.

The Board is pleased to announce that at the General Meeting held earlier today, the Resolution to approve the Disposal was duly passed.

Following the passing of the Resolution, the Disposal remains conditional, inter alia, upon:

   (a)        the approval of the Solicitors Regulation Authority; and 
   (b)        the approval of the Financial Conduct Authority. 

Further announcements will be made by the Company in due course.

 
 Quindell Plc                                      Tel: 01489 864 200 
 David Currie, Non-executive Interim 
  Chairman 
 Robert Fielding, Group Chief Executive 
 Stephen Joseph, Head of Investor Relations 
 
 Tulchan Communications                            Tel: 020 7353 4200 
 Susanna Voyle 
 Victoria Huxster 
 
 Cenkos Securities plc, Nominated Adviser          Tel: 020 7397 8900 
  and broker 
 Stephen Keys 
 Mark Connelly 
 
 Rothschild, Financial Adviser                     Tel: 020 7280 5000 
 Majid Ishaq 
 John Byrne 
 
 

A copy of this announcement will be available on the Company's website www.quindell.com later today

This information is provided by RNS

The company news service from the London Stock Exchange

END

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