TIDMQRT
RNS Number : 8804W
Quarto Group Inc
14 December 2023
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN
PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM ANY JURISDICTION
WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR
REGULATIONS OF THAT JURISDICTION
FOR IMMEDIATE RELEASE
14 December 2023
THE QUARTO GROUP INC.
(the "Company")
Result of Special Meeting
At the special meeting of the Company's shareholders held
earlier today to approve the cancellation of the shares of common
stock of the Company, with a par value of US$0.10 each in the
capital of the Company ("Common Shares") from admission to the
premium segment of the Official List of the Financial Conduct
Authority and to trading on the London Stock Exchange's Main Market
for listed securities, the proposed resolution as set out in the
Notice of Special Meeting was passed.
The resolution is detailed in full in the Notice of Special
Meeting dated 30 November 2023. The following table summarises the
final aggregate proxy votes received:
In Favour % In Favour Against % Against % of Issued Abstained
Share Capital
Voted
34,640,930 98.21 632,919 1.79 86.27 8,000
------------ -------- ---------- --------------- ----------
Furthermore, of the votes attaching to the Common Shares of
Independent Shareholders (being any shareholders who do not
exercise or control, on their own or together or with any person
with whom they are acting in concert, 30% or more of the votes able
to be cast at a general meeting), the voting results are 14,162,924
Common Shares in favour and 632,919 Common Shares against, with
8,000 Common Shares abstaining.
This announcement should be read in conjunction with the full
text of the circular dated 30 November 2023 ("Circular"), and
capitalised terms used but not otherwise defined in this
announcement bear the meanings ascribed to them in the
Circular.
The person responsible for releasing this announcement on behalf
of the Company is Michael Clarke, the Company Secretary.
The Company confirms that, as at today's date, it is expected
that:
-- the last day of dealings in the Company's Common Shares on
the Main Market will be 17 January 2024; and
-- cancellation of the listing of Company's Common Shares on the
Official List will take effect from 8.00 a.m. 18 January 2024,
being not less than 20 Business Days from the date of the Special
Meeting.
A copy of the duly passed Resolution will be submitted to the
National Storage Mechanism and available shortly at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
For further information, please contact:
The Quarto Group Inc.
+44 (0)20 7700
Daniel Logan, Group Finance Director 6700
Michael Clarke, Company Secretary
About The Quarto Group
Quarto creates a wide variety of books and intellectual property
products, with a mission to inspire life's experiences. Produced in
many formats for adults, children and the whole family, our
products are visually appealing, information rich and
stimulating.
Quarto encompasses a diverse portfolio of imprints and
businesses that are creatively independent and expert in developing
long-lasting content across specific niches of interest.
Quarto sells and distributes its products globally in over 50
countries and 40 languages, through a variety of sales channels,
partnerships and routes to market. The group was founded in London
in 1976. It is domiciled in the US and listed on the London Stock
Exchange.
Forward-looking statements
This announcement contains statements about the Company that are
or may be "forward-looking statements". All statements, other than
statements of historical facts, included in this announcement may
be forward-looking statements. Without limitation, any statements
preceded or followed by, or that include, the words "targets",
"plans", "believes", "expects", "aims", "intends", "will", "may",
"should", "anticipates", "estimates", "projects" or words or terms
of similar substance, or the negative thereof, are forward-looking
statements. These forward-looking statements are not guarantees of
future performance and have not been reviewed by the auditors of
the Company. They appear in a number of places throughout this
announcement and include statements regarding the intentions,
beliefs and current expectations of the Company or the Directors
concerning, amongst other things, the results of operations,
financial condition, liquidity, prospects, growth and strategies of
the Company and the industry in which the Group operates.
These forward-looking statements involve known and unknown
risks, uncertainties and other factors which may cause the actual
results, performance or achievements of the Company to be
materially different from any results, performance or achievements
expressed or implied by such forward-looking statements. These
forward-looking statements are based on numerous assumptions
regarding the present and future business strategies of the Company
and the environment in which it will operate in the future.
Past performance is not a guarantee of future performance.
Investors should not place undue reliance on such forward-looking
statements and, save as is required by law or regulation, the
Company does not undertake any obligation to update publicly or
revise any forward-looking statements (including to reflect any
change in expectations with regard thereto or any change in events,
conditions or circumstances on which any such statement is based).
All subsequent forward-looking statements attributed to the Company
or any persons acting on its behalf are expressly qualified in
their entirety by the cautionary statement above. All
forward-looking statements contained in this announcement are based
on information available to the Directors of the Company at the
date of this announcement, unless some other time is specified in
relation to them, and the posting or receipt of this announcement
shall not give rise to any implication that there has been no
change in the facts set forth herein since such date.
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END
ROMUSASROSUUAAA
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December 14, 2023 09:16 ET (14:16 GMT)
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