Jessops, the ailing camera retailer, is to be wound up after shareholders voted today on the closure of the firm.

Jessops’ 213 shops, which were sold to private firm Snap Equity in September, will continue to trade, but its old parent Jessops plc will be liquidated.

This deal will save 2,000 jobs and allow the shops to continue to trade under the Jessops brand name.

Shareholders were warned that if they did not vote for the resolution they risked getting nothing for their shares. Instead they will now receive just 9.7p for every 100 shares owned.

As part of a deal with HSBC last year, the bank has injected the “new” Jessops with a £54m loan to pay the debts of the old company but is waiving £34m of this in return for its 47 per cent share in the retailer, leaving the new firm with debts of £20m. The deal left shareholders with just £100,000 to split between them.

The assets within the Jessops retail business which is 47 per cent owned by HSBC and 33 per cent owned by pension trustees, with the remaining 20 per cent held by an employee trust – remain unaffected. A restructuring plan is underway at the retailer, under chief executive Trevor Moore and chairman David Adams.

Mark Jeremy Orton and Jeremy Simon Spratt at KPMG will now liquidate Jessops plc which will result in the camera specialist officially delisting from the London Stock Exchange.

Jessops began life in 1935 when Frank Jessop opened his first shop in Leicester. While the firm reaped the rewards of the boom in digital cameras it was almost brought to its knees as internet competitors and supermarkets entered the market, forcing a major overhaul of the group in 2007 and store closures.