Brighton Pier Group PLC (The)
22 April 2025
Brighton Pier Group PLC
(the “Company” or the “Group”)
Result of General Meeting
Brighton Pier Group PLC, a diversified UK leisure and entertainment business, announces that, at the general meeting of the Company held earlier today (the “General Meeting“), all resolutions put to the Company’s shareholders (“Shareholders“) were duly passed.
The detailed result by resolution is shown below.
| Resolution Number | Resolution Name | Votes For | Votes Against | ||
| No. of shares | % of shares voted | No. of shares | % of shares voted | ||
| 1 | Cancellation Resolution | 25,256,293 | 83.39% | 5,031,071 | 16.61% |
| 2 | Re-registration Resolution | 25,256,293 | 83.39% | 5,031,071 | 16.61% |
The full text of the Resolutions proposed and passed at the General Meeting can be found in the Circular containing, inter alia, the Notice of General Meeting, which was published intraday on 2 April 2025 and is available on the Company’s website https://www.brightonpiergroup.com/.
AIM Cancellation
Following approval by Shareholders at the General Meeting, the admission of the Ordinary Shares to trading on AIM will be cancelled. The AIM Cancellation is expected to take place at 7:00 a.m. on 2 May 2025 and, accordingly, the last day of dealings in Ordinary Shares on AIM is expected to be 1 May 2025.
Re-registration as a private company
In accordance with the passing of Resolution 2, the Company will re-register as a private limited company and adopt new articles of association, which is expected to take place by 12 May 2025.
Exchange Facility and Matched Bargain Facility
To facilitate future shareholder transactions in the Company’s Ordinary Shares, the Company has appointed JP Jenkins to provide a share Exchange Facility and Matched Bargain Facility. The Exchange Facility will become available on the date of Cancellation and will remain in place for an extended period thereafter. While the exact duration may vary, the Board currently expects it to be available for at least five years following Cancellation. The Matched Bargain Facility will be available following expiry of the Exchange Facility. Upon Cancellation, full details of the Exchange Facility and Matched Bargain Facility will be made available to Shareholders on the Company’s website https://www.brightonpiergroup.com/.
Capitalised terms used but not defined in this announcement shall have the same meaning given to such terms in the Circular.
| Enquiries: | |
| The Brighton Pier Group | Tel: 020 7376 6300 |
| Anne Ackord, Chief Executive Officer | Tel: 012 7360 9361 |
| John Smith, Chief Financial Officer | Tel: 020 7376 6300 |
| Cavendish Capital Markets Limited (Nominated Adviser and Broker) | |
| Stephen Keys (Corporate Finance) | Tel: 020 7397 8926 |
| Callum Davidson (Corporate Finance) | Tel: 020 7397 8923 |
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