Greener House Investments Plc
LSE : GHIP

September 29, 2010 07:53 ET

Result of Annual General Meeting and General Meeting

                                   GREENER HOUSE INVESTMENTS PLC
                                                 
                       RESULT OF ANNUAL GENERAL MEETING AND GENERAL MEETING


The  Directors  of  the Company are pleased to announce that all resolutions  proposed  were  duly
passed  without amendment at the Company's Annual General Meeting held earlier today. In addition,
all  resolutions  were also duly passed at the Company's General Meeting ("GM") also  held  today,
inter  alia,  to approve the acquisition of the entire share capital of Fresh T Limited,  pursuant
to the Company's previous announcement on 14 September 2010.

Following  shareholder approval at the GM, 229,964,200 new ordinary shares of  0.1p  each  in  the
capital  of  the  Company ("New Ordinary Shares") will be admitted to trading on  PLUS  at  8:00am
tomorrow  ("Admission"). James Grossman, a non-executive director of the Company,  is  subscribing
1,300,000 of the Placing Shares.

Following  completion of the GM Directors of the Company will tomorrow issue a  further  8,000,000
new Ordinary Shares ("Further New Ordinary Shares") in lieu of fees to certain advisers.

Following  the  issue  of  these  new shares, the Company's total issued  share  capital  will  be
337,989,200 Ordinary Shares.

Upon  Admission, John McGuire and Stephen Blank, Chief Executive and Finance Director respectively
of FreshTL, will join the board of the Company in those capacities. Derek Lewis and James Grossman
will  join  the  board  of  the  Company  as Non-Executive  Chairman  and  Non-Executive  Director
respectively and the Existing Directors will resign.

Pursuant  to  the Company's previous announcement on 14 September 2010, the Company will  also  be
changing its name to FreshTL plc with effect from Admission.

Following  Admission of the New Ordinary Shares and the Further New Ordinary Shares, the directors
and significant shareholders will hold the following amount of shares:

------------------------------------------------------------------------------------------------
Shareholder                                            Number of Shares      Percentage Holding
------------------------------------------------------------------------------------------------
John McGuire                                                 89,760,000                   26.56%
Angus Matheson                                               57,090,000                   16.89%
Timothy Branton                                              40,164,200                   11.88%
Daniel Stewart Securities                                    29,500,000                    7.84%
Stephen Blank                                                22,950,000                    6.79%
Nexus Group Holdings Limited*                                22,000,000                    6.51%
Bernard Kelly                                                13,750,000                    4.07%
James Grossman                                                3,300,000                    0.98%
------------------------------------------------------------------------------------------------

*including Nexus Corporate Finance LLP (a wholly owned subsidiary).

CONTACT

The directors of the Company take responsibility for this announcement.

Enquiries:

Greener House Investments plc                                     +44 (0) 20 7468 2600
Jonathan Metliss, Chairman

Tony Brown                                                        +44 (0) 20 7451 7050
Nexus Corporate Finance LLP

FreshTL plc                                                       +44 (0) 161 408 0962
Stephen Blank, Finance Director

Daniel Stewart & Co Plc
Oliver Rigby                                                      +44 (0) 20 7776 6550

Contact Information

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