Notice of General Meeting

RNS Number : 1247P

Kleenair Systems International PLC

09 July 2010

 



KLEENAIR SYSTEMS INTERNATIONAL PLC

(AIM: KSI)

Notice of General Meeting

Kleenair Systems International Plc ("Kleenair" or "the Company") announces that a circular has today been sent to shareholders of the Company containing a Notice of General Meeting to be held on 3 August  2010 and explanatory letter.  Along with other matters, the purpose of the General Meeting is to seek shareholder approval for the adoption of a new investing policy.

Investing Policy

In an announcement made by the Company on 1 June 2009, the Board confirmed that the strategy of the Company going forward would be to seek suitable acquisition opportunities in the environmental and energy sectors in the United Kingdom (the "New Investing Policy").  The announcement dated 1 June 2009 further explained that the Board believes that the Directors, with their wide industry contacts in the environmental and energy sectors, have relevant experience in identifying and conducting acquisitions to facilitate growth which, as a result, would provide a satisfactory return to Shareholders in the long term.

Pursuant to the New Investing Policy, the directors will consider selective acquisition and investment opportunities in the environmental and energy sectors in the United Kingdom.

In line with the New Investing Policy, negotiations are at an advanced stage for the acquisition of proprietary, disruptive technology in the renewable energy sector and the Directors will make an appropriate announcement in respect of an acquisition due course.

The circular is available on the Company's website, www.kleenairsystems.co.uk.

Contacts:
Kleenair Systems International plc	www.kleenairsystems.co.uk
Sarah Pozner, Company Secretary	[phone]
Biddicks	www.biddicks.co.uk
Zoë Biddick	[phone]
WH Ireland Limited	www.wh-ireland.co.uk
JN Wakefield / Marc Davies	[phone]

 

END

 

 

MSCFKLFBBDFBBBV