19 December 2008
Islamic Bank of Britain PLC (the "Company") announces that, further to the announcement of 26 November 2008 regarding the placing and related resolutions, and the amendment to the Company's Articles of Association, the General Meeting was held today and all the resolutions were duly passed.
It is expected that all of the conditions of the placing will be satisfied in January 2009 and the 127,470,000 new Ordinary Shares are expected to be admitted to trading on AIM on 20 January 2009.
For further information please contact:
Islamic Bank of Britain Plc:
Gerry Deegan - Managing Director 0121 452 7300
Grant Thornton UK LLP (Nominated Adviser):
Gerald Beaney
020 7383 5100
Charles E Cattaneo 0121 232 4000
This information is provided by RNS
The company news service from the London Stock Exchange
ENDS