Shareholder information

Court Sanction Hearing

On February 28th 2011, the High Court of Justice of England and Wales sanctioned a scheme of arrangement to effect the recommended proposal for the acquisition of Cattles by Bovess Limited.

On the same day, the Court sanctioned the schemes of arrangement between each of Cattles, Welcome Financial Services Limited and Ewbanks Mail Order Limited and certain of their respective creditors. All of the above schemes of arrangement became effective on March 2nd 2011.

General meeting

31st January 2011

A Court-convened shareholder Meeting and two General Meetings were held on 31st January 2011, to approve respectively a proposed Scheme of Arrangement to allow Bovess Limited to acquire all the Company's shares and to receive the Company's 2009 Accounts. At these meetings, all necessary resolutions received the required majorities and were approved. For more information, please read Result of Shareholders' Meetings.

Annual General Meeting

At the Annual General Meeting held on 29 June 2010 all of the resolutions proposed and recommended by the Board were passed with the exception of a resolution to shorten the notice period required for convening General Meetings.  A further four resolutions, which had been proposed and supported by certain of the Company’s shareholders, and which the Board had recommended shareholders to vote against, were all defeated.

General Meetings

General Meeting – 16th December 2009
A general meeting was held on 16th December 2009. At the meeting, a resolution was proposed by a shareholder and passed on a show of hands by shareholders representing circa one per cent of the Company's issued share capital.

General Meeting – 27th August 2009
At a general meeting held on 27th August 2009 the disposal of Cattles Invoice Finance Limited was passed on a show of hands as an ordinary resolution. 


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