Result of Meeting

15 April 13


Result of General Meeting

Sky High Plc (Sky High or the Company), the data collection and analysis group, is pleased to announce that at its General Meeting held today the following resolution was passed as an ordinary resolution by way of a poll by the Independent Shareholders (as defined within the Offer Document) for the purposes of Rule 16 of the City Code on Takeovers and Mergers:
THAT, in connection with the offer made by Tracsis plc (Tracsis) to acquire the entire issued ordinary share capital of the Company (other than those shares contracted to be acquired by Tracsis under the terms of the Management Agreement and Prowse Trust Agreement) as set out in the offer document dated 26 March 2013 (the Offer Document), and for the purposes of Rule 16.2 of the City Code on Takeovers and Mergers, the Management Arrangements as described in the Offer Document and in particular paragraph 6 of the letter of recommendation from the Independent Directors of the Company in Part I of the Offer Document and paragraph 6 of the letter from Tracsis to the Sky High Shareholders in Part II of the Offer Document, pursuant to which the Management Team will be entitled to receive different treatment from the other holders of Sky High Shares in connection with the Offer, be and are hereby approved.

Sky High plc
Mark Mattison, Chief Executive
+44 (0) 1937 833 933
Alex Johnson, Finance Director
+44 (0) 1937 833 933

SPARK Advisory Partners Limited
Sean Wyndham-Quin / Neil Baldwin
+44 (0) 113 370 8975

WH Ireland Limited
Mike Coe 
+44 (0) 117 945 3470