Maisha PLC
04 January 2007
For immediate release: 4 January 2007
Maisha PLC (the 'Company')
(to be renamed Nordic Panorama plc)
Result of Extraordinary General Meeting ('EGM')
Further to the announcement made on 12 December 2006, Maisha PLC is pleased to
announce that all resolutions proposed at the Extraordinary General Meeting
held today were passed. Shareholders approved, inter alia, the acquisitions of
Vradal Panorama Eiendom AS and Vradal Panorama Skisenter AS for a consideration
of £19 million, to be satisfied by the allotment and issue of. 798,319,328 new
Ordinary shares at 2.38 pence per share.
Shareholders also approved the waiver of Rule 9 of the City Code on Takeovers
and Mergers and the adoption of new articles of association of the Company as
well as approving the change of name. Application has been made for the
enlarged issued ordinary share capital to be re-admitted to trading on AIM and
it is expected that Admission will become effective and dealings will commence
in the enlarged issued share capital, under the name Nordic Panorama plc, with
effect from 5 January 2007.
Maisha plc
Mumtaz Khan, Non-Executive Chairman 020 7936 9605
Tore Svendsen, CEO
HB Corporate 020 7510 8600
Imran Ahmad
Luke Cairns
Cecil Jordaan
Threadneedle Communications 020 7936 9605
Graham Herring
Josh Royston
This information is provided by RNS
The company news service from the London Stock Exchange
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