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The Manager- Listing
National Stock Exchange of India Ltd.
Exchange Plaza,
Bandra-Kurla Complex, Bandra (E),
Mumbai 400 051.The Secretary,
Bombay Stock Exchange Ltd.
Dalal Street,
Mumbai 400 001.
Dear Sirs,
Re: Corus Group Plc.- Results of Court
Convened Meeting and EGM
We are pleased to announce that at the meeting convened by
the Court and held earlier today, 7 March 2007, (the "Court
Meeting") and at the subsequent Extraordinary General
Meeting the scheme of arrangement (the "Scheme") to
implement the recommended offer for Corus by Tata Steel UK
Limited, a wholly-owned indirect subsidiary of the Company at a
price of 608 pence per ordinary share in cash (the "Tata
Offer") was considered. At both the Court Meeting and the
Extraordinary General Meeting, Shareholders approved the Scheme
by the requisite majority.
Voting Results
The voting results in relation to the Court Meeting and
Extraordinary General Meeting are summarised below:
Court Meeting
| Resolution |
Description |
For Votes |
% |
Against Votes |
% |
| 1 |
To approve the Scheme |
226,783,105 |
97.43 |
5,988,195 |
2.57 |
Extraordinary General Meeting
| Res'n |
Description |
For Votes |
% |
Against Votes |
% |
Abstentions |
| 1 |
Special resolution to approve the
Scheme, to amend the Articles of Association of the
Company, to cancel all the Cancellation Shares and
the Corus Deferred Shares, to reduce the share
capital of the Company, to increase the authorised
capital of the Company and to authorise the
allotment of shares. |
227,167,597 |
97.48 |
5,866,894 |
2.52 |
2,252,884 |
In total, 31,985 shareholders holding, in aggregate,
232,771,300 shares attended the Court Meeting in person and
shareholders holding, in aggregate, 233,034,491 shares attended
the Extraordinary General Meeting in person.
The announcement released in London today is enclosed
herewith.
This is for your information.
Yours faithfully,
Tata Steel Limited
(J.C. Bham)
Company Secretary
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