Coolabi PLC - EGM Statement

30 Apr 07

RNS Number:7894V

Coolabi PLC
30 April 2007

Coolabi plc ('the Company')

Result of Extraordinary General Meeting

Coolabi plc is pleased to announce that, at an Extraordinary General Meeting of the Company, which took place earlier today, the resolutions put to shareholders in order to effect the Placing to raise £5.5 million (before expenses), announced on 4 April 2007, were duly passed. The placing remains conditional upon admission of the new ordinary shares to trading on AIM. It is expected that admission and dealings in the new ordinary shares will occur at 8.00 a.m. tomorrow, 1 May 2007.

30 April 2007

For further information contact:
Coolabi plc: 020 7258 7080
Jeremy Banks / Tim Ricketts
Evolution Securities Limited: 020 7071 4300
Bobbie Hilliam / Chris Clarke

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

END

EGMILFLESEIIVID

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