BDT Bidtimes

TIDMBDT

RNS Number : 1984J

Bidtimes PLC

27 June 2011

27 June 2011

Bidtimes plc

("Bidtimes" or the "Company")

Result of General Meeting

Further to the announcement on 6 June 2011, Bidtimes is pleased to announce that at the General Meeting of the Company, held earlier today, all resolutions were duly passed. The resolutions proposed at the General Meeting included, amongst others, resolutions to approve the acquisition of PowerHouse Energy, Inc., a company specialising in emission-free conversion of waste materials into a synthetic gas, a capital reorganisation and a change of name to PowerHouse Energy Group plc (the "Resolutions").

Following approval of the Resolutions, the Company confirms that the current line of stock, with ISIN GB0007773046, will cease trading as of 6.00 p.m. on 28 June 2011 and the Enlarged Group, trading under the new name PowerHouse Energy Group plc and with a new line of stock (ISIN GB00B4WQVY43), following the capital reorganisation, will be admitted to trading on AIM on 29 June 2011.

ENQUIRIES:

 
 Bidtimes plc Anthony Brennan, Executive Chairman               T: +44 (0) 753 
 (tony@deltacapital.com.au)                                           513 8974 
 PowerHouse Energy Group plc                                    T: +44 (0) 207 
  Ross Lyndon-James, Executive Chairman                               887 1364 
 Merchant Securities Limited (Nomad/Broker)                 T: +44 (0) 20 7628 
  David Worlidge / Simon Clements                                         2200 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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