Stockcube PLC
LSE : SKC

April 23, 2010 10:53 ET

Results of AGM and GM

                                                   Stockcube plc
                                                         
                                                  (the "Company")
                                                         
The  Company is pleased to announce that at the Annual General Meeting of the Company held at 11.00 am on 23 April
2010 all resolutions were duly passed.

The  Company is also pleased to announce that at the General Meeting of the Company held at 11.15 am on  23  April
2010 all resolutions were duly passed.  The resolutions were to approve:

(1)      the cancellation of the admission of the Company's ordinary shares to trading on AIM;
         
(2)      the reduction of the Company's share capital by way of cancellation of its share premium account;
         
(3)      the purchase of the Company's own ordinary shares from Astaire Securities Plc who will acquire them at a
         tender price of 17.5p, and
         
(4)      approve a Takeover Panel waiver of any obligation to make a general offer for the Company resulting  from
         the above.
         
Shareholders  who  have received a circular letter and tender form from the Company are advised  that  the  tender
offer  will  close  at  1.00 pm on 17 May 2010, unless extended by means of an announcement  through  the  Company
Announcements  Office of the London Stock Exchange.  Shareholders wishing to accept the tender offer  must  follow
the instructions set out in the circular letter.

The full timetable of remaining events in relation to the Tender Offer is as follows:

ANTICIPATED TIMETABLE OF EVENTS

17 May 2010          Record Date for Tender Offer

19 May 2010          Court hearing to confirm Capital Reduction

By 21 May 2010       Effective date for Capital Reduction

By 1 June 2010       Purchase of Tender Offer Shares under Tender Offer

By 2 June 2010       CREST Account credited with Tender Offer proceeds

By 2 June 2010       Dispatch of cheques for Tender Offer proceeds

By 3 June 2010       Ordinary Shares cancelled from trading on AIM


Contact:

Stockcube plc                     Shirley Yeoh                       020-7352-4001
Astaire Securities plc            William Vandyk                     020-7448-4400


-----------------------------------------------------End--------------------------------------------------

Contact Information

  • Stockcube PLC