General Meeting Requisition

Dignity plc announces that it has received a requisition notice (the “Requisition Notice”) pursuant to section 303(1) of the Companies Act 2006 (“Act”) requiring that the board convenes a general meeting of shareholders for the purposes of considering and, if thought fit, approving resolutions to remove the existing Executive Chairman, Clive Whiley as a director and appoint Gary Channon as an executive director. The Requisition Notice has been delivered by Phoenix UK Fund Limited (the “Phoenix UK Fund”), the Company’s largest shareholder, which currently holds approximately 29.9% of the Company’s voting share capital. The Phoenix UK Fund is managed by Phoenix Asset Management Partners (“Phoenix Asset Management”) and Mr Channon is the founder and chief investment officer of Phoenix Asset Management Partners.

The board is considering the content of the Requisition Notice, which it intends to respond to in accordance with the requirements of the Act. In the meantime, the board urges any shareholder who is approached by Phoenix UK Fund or Phoenix Asset Management seeking irrevocable commitments to support the resolutions proposed in the Requisition Notice not to give any such commitments until the board has shared its views on these proposals with shareholders.

A further announcement will be made in due course.


For further information please contact:

Tim George, Company Secretary  
Dignity plc +44 (0) 121 354 1557


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