Parkmead Group provide update on irrevocable undertakings
Friday, May 24, 2013
Parkmead today announces that it has received an irrevocable undertaking from Mr Robert Frost in respect of 3,781,570 Lochard Shares (representing 1.27 per cent. of the issued share capital of Lochard) to vote in favour of the Scheme and the resolutions at the Court Meeting and the General Meeting in respect of such Lochard Shares.
This takes the aggregate number of shares in respect of which Parkmead has received irrevocable undertakings or letters of intent to 123,719,434 Lochard Shares representing, in aggregate, approximately 41.4 per cent. of the issued ordinary share capital of Lochard.
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