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David Jones shareholders favour Woolworths proposal
15
Jul '14
At the Scheme Meeting of David Jones Limited ("David Jones") held in Sydney, David Jones' shareholders voted overwhelmingly in favour of the scheme of arrangement ("the Scheme") under which Woolworths Holdings Limited (through its Australian subsidiary Vela Investments Pty Ltd ("Vela Investments"), will acquire all of the issued ordinary shares in David Jones.
 
Voting Results 
David Jones advises that the resolution to approve the Scheme, as set out in the Notice of Scheme Meeting dated 22 May 2014, was passed by the requisite majorities of shareholders, With 89.64% of David Jones shareholders present and voting (either in person or by proxy) in favour of the resolution; and 96.81% of votes cast in favour of the resolution.  

David Jones

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Courtesy: India ITME

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