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RNS Number : 4192G
Micro Focus International plc
26 May 2017
 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION

 

26 May 2017

 

MICRO FOCUS INTERNATIONAL PLC

 

Results of General Meeting

 

Micro Focus International plc ("Micro Focus" or the "Company") is pleased to announce that, at the General Meeting of the Company's shareholders held earlier today, all of the resolutions proposed at the meeting (the "Resolutions") were duly passed on a poll vote.

 

Shareholders voted to approve the proposed transaction whereby Micro Focus has agreed to combine with Hewlett Packard Enterprise's software business segment by way of merger (the "Transaction"), the proposed issue of ordinary shares in connection with the Transaction and the proposed return of value of up to US$500 million to the Company's shareholders.

 

Following this vote, the Transaction remains conditional upon a limited number of conditions.

 

The full text of the Resolutions is shown in the notice of the General Meeting set out in the circular sent to Shareholders on 9 May 2017 and full details of the votes received from the Company's shareholders for each Resolution will be available on our website at www.microfocus.com.

 

A copy of all Resolutions will be submitted to the National Storage Mechanism, where it will shortly be available for inspection at http://www.morningstar.co.uk/uk/NSM.

 

For further information, please contact:

 

Micro Focus                                                                                                                       Tel: +44 1635 32646

Kevin Loosemore: Executive Chairman

Mike Phillips: Chief Financial Officer

Tim Brill: Director, Corporate Communications & IR

 

Powerscourt (PR adviser to Micro Focus)                                                              Tel: +44 20 7250 1446

Juliet Callaghan / Simon Compton

 

J.P. Morgan Limited (which conducts its UK investment banking activities as J.P. Morgan Cazenove, "J.P. Morgan Cazenove") is acting as sole sponsor and lead financial adviser to Micro Focus in connection with the Transaction. Numis Securities Limited is also acting as financial adviser and corporate broker to Micro Focus in connection with the Transaction.

 

About Micro Focus

 

Micro Focus (LSE: MCRO.L) is a global enterprise software company supporting the technology needs and challenges of the Forbes Global 2,000 (the top 2,000 public companies in the world as determined by Forbes magazine). Our solutions help organisations leverage existing IT investments, enterprise applications and emerging technologies to address complex, rapidly evolving business requirements while protecting corporate information at all times. Micro Focus's Product Portfolios are Micro Focus and SUSE. Within Micro Focus our solution portfolios are COBOL Development and Mainframe Solutions, Host Connectivity, Identity and Access Security, IT Development and Operations Management Tools, and Collaboration and Networking. For more information, visit: www.microfocus.com. SUSE, a pioneer in Open Source software, provides reliable, interoperable Linux, cloud infrastructure and storage solutions that give enterprises greater control and flexibility. For more information, visit: www.SUSE.com.

 

About HPE Software

 

HPE Software is a leading global provider of enterprise grade scalable software that allows customers to test application quality, manage the application lifecycle, automate IT operations, accelerate and secure business processes. The company offers a broad range of software for enterprises of all sizes across four pillars (I) IT Operations Management, (II) Application Testing & Delivery Management, (III) Security and Information Governance and (IV) Big Data Platform Analytics. Its software offerings include licences, support, SaaS and Professional Services across its product portfolio.

 

The business operates a global footprint spanning the Americas, Asia Pacific & Japan and EMEA regions, with over 30,000 customers across the world. The business currently works with 98 of the Fortune 100 companies.

 

IMPORTANT NOTICE:

 

J.P. Morgan Limited (which conducts its UK investment banking activities as J.P. Morgan Cazenove, "J.P. Morgan Cazenove"), which is authorised in the United Kingdom under the Financial Services and Markets Act 2000 (as amended) and which is regulated by the Financial Conduct Authority, is acting as sole sponsor and lead financial adviser to Micro Focus in connection with the Transaction. J.P. Morgan Cazenove is acting exclusively for Micro Focus in connection with the Transaction and for no-one else and will not be responsible to anyone other than Micro Focus for providing the protections afforded to the clients of J.P. Morgan Cazenove nor for providing any advice in relation to the Transaction or the contents of this announcement or any transaction, arrangement or matter referred to herein.

 

Numis Securities Limited ("Numis"), which is authorised in the United Kingdom under the Financial Services and Markets Act 2000 (as amended) and which is regulated by the Financial Conduct Authority, is acting as corporate broker and financial adviser in connection with the Transaction. Numis is acting exclusively for Micro Focus in connection with the Transaction and for no-one else and will not be responsible to anyone other than Micro Focus for providing the protections afforded to the clients of Numis nor for providing any advice in relation to the Transaction or the contents of this announcement or any transaction, arrangement or matter referred to herein.

 

The information contained in this announcement is not for release, publication or distribution to persons in any jurisdiction where to do so would breach any applicable law. No public offer of securities is being made by virtue of this announcement.

 

This announcement has been prepared for the purposes of complying with the applicable laws and regulations of the United Kingdom and the information disclosed may not be the same as that which would have been disclosed if this announcement had been prepared in accordance with the laws and regulations of any jurisdiction outside of the United Kingdom.

 

The release, publication or distribution of this announcement in, into or from jurisdictions outside the United Kingdom may be restricted by law and therefore persons into whose possession this announcement comes should inform themselves about, and observe such restrictions. Any failure to comply with the restrictions may constitute a violation of the securities law of any such jurisdiction.


This information is provided by RNS
The company news service from the London Stock Exchange
 
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