logo-loader
RNS
viewEntertainment One

Results of Annual General and Special Meeting

/**/ ol{margin-bottom:0cm;}ul{margin-bottom:0cm;}link{ color: blue }visited{ color: purple } .ax{size:612.0pt 792.0pt;margin:72.0pt 72.0pt 72.0pt 72.0pt;}div.ax{}p.db{margin-top:0cm;margin-right:0cm;margin-bottom:12.0pt;margin-left:0cm;text-align:justify;font-size:12.0pt;font-family:"Times New Roman","serif";text-align: left}span.cz{font-size:11.0pt;font-family:"Arial","sans-serif"}p.dc{margin-top:0cm;margin-right:0cm;margin-bottom:12.0pt;margin-left:0cm;text-align:justify;font-size:12.0pt;font-family:"Times New Roman","serif";font-weight: bold}span.cx{font-size:20.0pt;font-family:"Arial","sans-serif"; color:navy}p.dd{margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:0cm;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";font-weight: bold; margin-bottom: 10.0pt; margin-left: 0cm; margin-right: 11.25pt; margin-top: 10.5pt}span.cv{font-family:"Arial","sans-serif"}p.de{margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:0cm;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:justify}span.cs{font-family:"Arial","sans-serif";color:black} span.cr{font-family:"Arial","sans-serif"; color:black}table.df{margin-left:-5.4pt;border-collapse:collapse;border:none}td.co{width:57.5pt;border:solid windowtext 1.0pt; padding:0cm 5.4pt 0cm 5.4pt}p.dg{margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:0cm;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";font-weight: bold; line-height: normal; margin-bottom: 10.0pt; margin-left: 0cm; margin-right: 11.25pt; margin-top: 10.5pt; text-align: justify}span.cq{font-size:10.0pt}td.cm{width:105.85pt;border:solid windowtext 1.0pt; border-left:none;padding:0cm 5.4pt 0cm 5.4pt}p.dh{margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:0cm;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";font-weight: bold; line-height: normal; margin-bottom: 10.0pt; margin-left: 0cm; margin-right: 11.25pt; margin-top: 10.5pt; text-align: center}td.cl{width:101.7pt;border:solid windowtext 1.0pt; border-left:none;padding:0cm 5.4pt 0cm 5.4pt}td.ck{width:98.6pt;border:solid windowtext 1.0pt; border-left:none;padding:0cm 5.4pt 0cm 5.4pt}td.cj{width:49.85pt;border:solid windowtext 1.0pt; border-left:none;padding:0cm 5.4pt 0cm 5.4pt} td.ci{width:61.2pt;border-top:none;border-left:none; border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; padding:0cm 5.4pt 0cm 5.4pt}td.ch{width:33.85pt;border-top:none;border-left: none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; padding:0cm 5.4pt 0cm 5.4pt}td.cg{width:55.1pt;border-top:none;border-left:none; border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; padding:0cm 5.4pt 0cm 5.4pt}td.cf{width:35.8pt;border-top:none;border-left:none; border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; padding:0cm 5.4pt 0cm 5.4pt}td.ce{width:51.9pt;border-top:none;border-left:none; border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; padding:0cm 5.4pt 0cm 5.4pt}td.cd{width:35.9pt;border-top:none;border-left:none; border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; padding:0cm 5.4pt 0cm 5.4pt}td.cc{width:49.85pt;border-top:none;border-left: none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; padding:0cm 5.4pt 0cm 5.4pt}tr.bq{height:12.6pt}td.bz{width:57.5pt;border:solid windowtext 1.0pt; border-top:none;padding:0cm 5.4pt 0cm 5.4pt;height:12.6pt}p.di{margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:0cm;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";line-height: normal; margin-bottom: 0cm; text-align: right} span.cb{font-size:10.0pt; color:black}td.bx{width:61.2pt;border-top:none; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; padding:0cm 5.4pt 0cm 5.4pt;height:12.6pt}p.dj{margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:0cm;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";line-height: normal; margin-bottom: 0cm; text-align: center}td.bw{width:33.85pt;border-top:none; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; padding:0cm 5.4pt 0cm 5.4pt;height:12.6pt}td.bv{width:55.1pt;border-top:none; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; padding:0cm 5.4pt 0cm 5.4pt;height:12.6pt}td.bu{width:35.8pt;border-top:none; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; padding:0cm 5.4pt 0cm 5.4pt;height:12.6pt}td.bt{width:51.9pt;border-top:none; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; padding:0cm 5.4pt 0cm 5.4pt;height:12.6pt}td.bs{width:35.9pt;border-top:none; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; padding:0cm 5.4pt 0cm 5.4pt;height:12.6pt}td.br{width:49.85pt;border-top:none; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; padding:0cm 5.4pt 0cm 5.4pt;height:12.6pt}p.dk{margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:0cm;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-top:10.5pt;margin-right:11.25pt;margin-bottom: 10.0pt;margin-left:0cm;text-align:justify} span.bo{font-family: "Arial","sans-serif"}span.dl{font-family:"Arial","sans-serif"}table.dm{width:437.4pt;margin-left:-5.4pt;border-collapse:collapse}tr.bj{height:4.45pt}td.bm{width:122.2pt;padding:0cm 5.4pt 0cm 5.4pt; height:4.45pt}p.dn{margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:0cm;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";font-weight: bold}td.bl{width:159.3pt;padding:0cm 5.4pt 0cm 5.4pt; height:4.45pt}td.bk{width:123.5pt;padding:0cm 5.4pt 0cm 5.4pt; height:4.45pt}p.a,li.a,div.a{margin-top:0cm;margin-right:0cm;margin-bottom:10.0pt;margin-left:0cm;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";}td.bi{width:122.2pt;padding:0cm 5.4pt 0cm 5.4pt} td.bh{width:159.3pt;padding:0cm 5.4pt 0cm 5.4pt}td.bf{width:123.5pt;padding:0cm 5.4pt 0cm 5.4pt}span.do{font-family:"Arial","sans-serif";color:windowtext; text-decoration:none}span.dp{font-family:"Arial","sans-serif"}p.dq{margin-right:0cm;margin-left:0cm;font-size:12.0pt;font-family:"Times New Roman","serif";font-weight: bold; line-height: 13.0pt; margin: 0cm; margin-bottom: .0001pt; text-align: justify}span.bd{font-size:11.0pt;font-family:"quot","serif"; color:black}p.dr{margin-right:0cm;margin-left:0cm;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0cm;margin-bottom:.0001pt;text-align:justify; line-height:13.0pt}span.ds{color: black; font-family: "Arial","sans-serif"; font-size: 11.0pt; font-weight: bold}p.dt{margin-right:0cm;margin-left:0cm;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0cm;margin-bottom:.0001pt;text-align:justify; line-height:13.0pt}span.az{font-size:11.0pt;font-family:"Arial","sans-serif"; color:black} p.du{margin-right:0cm;margin-left:0cm;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0cm;margin-bottom:.0001pt;text-align:justify; line-height:13.0pt}span.dv{font-size:11.0pt;font-family: "Arial","sans-serif";color:black}p.dw{margin-right:0cm;margin-left:0cm;font-size:12.0pt;font-family:"Times New Roman","serif";font-weight: bold; line-height: 13.0pt; margin: 0cm; margin-bottom: .0001pt; text-align: justify}p.dx{margin-right:0cm;margin-left:0cm;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0cm;margin-bottom:.0001pt;text-align:justify; line-height:13.0pt}span.dy{color: black; font-family: "Arial","sans-serif"; font-size: 11.0pt; font-weight: bold}p.dz{margin-right:0cm;margin-left:0cm;font-size:12.0pt;font-family:"Times New Roman","serif";margin:0cm;margin-bottom:.0001pt;text-align:justify; line-height:13.0pt} /**/
RNS Number : 2984Q
Entertainment One Ltd
17 October 2019
 

Date:                           17 October 2019
On behalf of:               Entertainment One Ltd. ('the Company')
Embargoed until:         Immediate Release

Entertainment One Ltd.

RESULTS OF ANNUAL GENERAL AND SPECIAL MEETING OF SHAREHOLDERS

The Company confirms that all of the resolutions proposed at the Annual General and Special Meeting of shareholders held on 17 October 2019 were approved. Proxies were validly received in respect of 378,036,798 common shares, representing approximately 76% of the outstanding common shares in the Company.

More than 99.9% of the votes cast, in person or by proxy, were in favour of the previously-announced plan of arrangement under the Canada Business Corporations Act pursuant to which an affiliate of Hasbro, Inc. will acquire all of the outstanding common shares of Entertainment One for £5.60 per Share in cash for an aggregate value of approximately £3.3 billion or US$4.0 billion.

The transaction remains subject to receipt of certain regulatory approvals and other customary closing conditions including a final order of the Ontario Superior Court of Justice to approve the transaction. The transaction has received several regulatory approvals so far, including early termination of the waiting period under the Hart Scott Rodino Antitrust Improvements Act in the U.S. and antitrust approval in Germany. The transaction is expected to close during the fourth quarter of 2019.

The results of the proxy voting on each resolution were as follows:

Resolution

For

Discretion

Against

Withheld

# of votes cast

% of votes cast

# of votes cast

% of votes cast

# of votes cast

% of votes cast

# of votes cast

1

376,086,438

99.97

14,974

0.01

58,492

0.02

1,876,894

2

347,585,694

94.1

14,974

0.01

21,751,132

5.89

8,462,189

3

225,897,159

61.56

14,974

0.01

140,994,035

38.43

10,907,822 

4

341,738,107

92.85

14,974

0.01

26,290,384

7.14

9,770,524

5

368,357,979

99.64

14,974

0.01

1,299,049

0.35

8,141,988

6

367,359,421

99.37

14,974

0.01

2,297,607

0.62

8,141,988

7

341,589,940

92.78

14,974

0.01

26,524,184

7.21

9,684,891

8

240,360,635

68.97

14,974

0.01

108,076,121

31.02

29,362,260 

9

344,214,735

93.11

14,974

0.01

25,442,293

6.88

8,141,988

10

344,888,900

93.68

14,974

0.01

23,225,224

6.31

9,684,891

11

368,650,789

99.72

14,974

0.01

1,006,238

0.27

8,141,988

12

355,012,365

96.03

14,974

0.01

14,644,663

3.96

8,141,988

13

368,029,681

99.97

14,974

0.01

86,943

0.02

9,682,391

14

369,421,364

99.93

14,974

0.01

238,164

0.06

8,139,488

15

324,636,015

87.81

14,974

0.01

45,023,513

12.18

8,139,488

16

366,837,775

99.73

14,974

0.01

961,553

0.26

9,999,688

17

349,217,010

94.46

14,974

0.01

20,442,517

5.53

8,139,488

18

367,835,451

99.56

14,974

0.01

1,597,587

0.43

8,365,977

19

362,633,877

98.09

31,253

0.01

7,006,872

1.9

8,141,988

20

362,633,877

98.09

31,253

0.01

7,006,872

1.9

8,141,988

A vote "Withheld" is not a vote in law and is not counted in the votes "For" and "Against" a resolution. Resolutions 1 and 16 to 19 were special resolutions. Resolutions 2 to 15 and 20 were ordinary resolutions.

The Company has continued to undertake an engagement programme with a number of significant shareholders to seek their feedback. As part of this programme, the Company contacted shareholders with a greater than 2% holding at the end of 2018 who voted at the 2018 Annual General Meeting, as well as new significant shareholders with a greater than 2% holding who were not on the share register at the time of the 2018 Annual General Meeting.

This engagement programme was led by Mark Opzoomer in his capacity as the Company's Senior Independent Director and specifically targeted shareholders' stewardship teams, providing an additional touchpoint to the Company's usual investment contacts.

The programme is now completed and the Board is considering the valuable feedback received from shareholders, together with the additional feedback provided through the voting response at the 2019 Annual General and Special Meeting.

A copy of the resolutions has been submitted to the National Storage Mechanism.

Enquiries:     

 

 

Alma PR

Rebecca Sanders-Hewett

+44(0)20 3405 0205

Entertainment One Ltd.

Patrick Yau

+44(0)20 3714 7931

 

IMPORTANT NOTICE

 

Not for release, publication or distribution in, into or from any jurisdiction where to do so would constitute a violation of the relevant laws or regulations of such jurisdiction.

 

Forward-Looking Statements

 

Certain statements in this announcement contain "forward-looking statements" with respect to Entertainment One within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may be accompanied by such words as "anticipate," "believe," "could," "estimate," "expect," "forecast," "intend," "may," "plan," "potential," "project," "target," "will" and other words and terms of similar meaning. Among other things, these forward-looking statements include expectations concerning the proposed acquisition of Entertainment One and the expected timetable for completing the acquisition. Entertainment One's actual actions or results may differ materially from those expected or anticipated in the forward-looking statements due to both known and unknown risks and uncertainties. The statements contained herein are based on Entertainment One's current beliefs and expectations and speak only as of the date of this announcement. Except as may be required by law, Entertainment One does not undertake any obligation to make any revisions to the forward-looking statements contained in this announcement or to update them to reflect events or circumstances occurring after the date of this announcement. You should not place undue reliance on forward-looking statements.

 

No offer or solicitation

 

This announcement is provided for informational purposes only and does not constitute an offer to sell, or an invitation to subscribe for, purchase or exchange, any securities or the solicitation of any vote or approval in any jurisdiction, nor shall there be any sale, issuance, exchange or transfer of the securities referred to in this announcement in any jurisdiction in contravention of applicable law.

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
END
 
 
RAGCKODPPBDDCKD

Quick facts: Entertainment One

Price: 557

Market: AIM
Market Cap: £2.78 billion
Follow

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

RNS

Holding(s) in Company

2 days, 18 hours ago

Total Voting Rights

3 days, 4 hours ago

Holding(s) in Company

1 week, 2 days ago

Holding(s) in Company

1 week, 3 days ago

Holding(s) in Company

2 weeks, 2 days ago

Holding(s) in Company

3 weeks ago

First Quarter Results

on 11/10/19