Result of EGM

RNS Number : 5759R

Aurora Russia Limited

09 March 2016

 

9 March 2016

Aurora Russia Limited (the "Company") (in voluntary liquidation)

Results of Extraordinary General Meeting ("EGM")

Further to its announcement of the publication of the circular including the notice convening the EGM, which was released on 8 February 2016 at 6.19 p.m., the Company is pleased to announce that at the EGM held today each of the following resolutions were duly passed by shareholders. Voting was as follows:

SPECIAL BUSINESS - ORDINARY RESOLUTION:

THAT:

(a)        the granting of an additional ex gratia payment of £15,000 to Mr Gilbert Chalk be and is hereby approved. (19,498,157 votes cast in favour, 11,654 against and 1,000 withheld).

SPECIAL BUSINESS - SPECIAL RESOLUTION:

THAT:

(a)        the admission of the Company's Ordinary Shares to trading on AIM be cancelled in accordance with Rule 41 (Cancellation) of the AIM Rules for Companies (the "Delisting");

(b)        the Directors of the Company be and hereby are authorised to take any and all steps which are necessary or desirable in order to effect the Delisting;

(c)        the Company be wound up voluntarily pursuant to section 391(1)(b) of the Companies (Guernsey) Law, 2008, as amended, and that Linda Maree Johnson and Ashley Charles Paxton of KPMG Channel Islands Limited be and are hereby appointed as the Joint Liquidators for the purposes of such winding-up, including realising and distributing the Company's assets, and the Joint Liquidators be authorised to act either jointly or severally;

(d)        the remuneration of the Joint Liquidators be determined by reference to the time properly given by the Joint Liquidators and their staff in attending to matters prior to and during the winding-up, and the Joint Liquidators be and are hereby authorised to draw such remuneration as the Joint Liquidators may determine and to pay any expenses properly incurred by them, subject always to any prior agreement or quotation made between the Company and the Joint Liquidators;

(e)        after 6 years, or (if earlier) on completion of the liquidation, the Joint Liquidators be and are hereby authorised to donate any distribution, or part distribution, that has been declared but remains unclaimed to charity; and

(f)         the Company's books and records be held by JTC Fund Solutions (Guernsey) Limited, in its capacity as the Company's secretary, to the order of the Joint Liquidators for a period of six years from the date of conclusion of the liquidation.

         (19,510,353 votes cast in favour, 458 against and none withheld).

Enquiries:

JTC Fund Solutions (Guernsey) Limited

Secretary

Tel [phone]

END OF ANNOUNCEMENT

 

END

 

 

REGJLMTTMBAMBMF