Result of General Meeting

RNS Number : 8122H

Messaging International Plc

22 August 2016

 

22 August 2016 

Messaging International Plc

("MI" or the "Company")

Result of General Meeting

Messaging International Plc announces that at the General Meeting held earlier today, all resolutions were passed.

Accordingly, Completion of the Disposal pursuant to the sale and purchase agreement has now occurred.

Furthermore the Share Capital Reorganisation is now complete. As such, each Existing Ordinary Share held by Shareholders on the register on the record date (5.00 p.m. on 22 August 2016) will be sub-divided into two New Ordinary Shares of £0.001 each and three Deferred Shares of £0.001 each.

In addition, 208,333,333 New Ordinary Shares of £0.001 each will be issued pursuant to the Subscription.

Application has been made to AIM for the admission to trading of 270,555,743 ordinary shares of £0.001 each, being the Enlarged Share Capital, which is expected to occur at 8 a.m. on 23 August 2016.  Following Admission, the Company will have 270,555,743 ordinary shares in issue. The figure of 270,555,743 should be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change of their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

Approval of the change of name to SigmaRoc Plc has been approved by Shareholders (ticker: SRC, ISIN: GB00BDBY9264). A further announcement will be made in due course regarding this.

The Company will be deemed to be an "AIM Rule 15 cash shell" for the purpose of the AIM Rules and will have six months to make an acquisition or acquisitions which constitute a reverse takeover under Rule 14 of the AIM Rules or otherwise seek readmission as an "investing company" with the attendant requirement to raise at least £6 million on or immediately before such readmission.

Capitalised terms in this announcement shall have the same definition as in the Circular issued by the Company on 4 August 2016 unless the context requires otherwise.

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR"). Upon the publication of this announcement via Regulatory Information Service ("RIS"), this inside information is now considered to be in the public domain.

For further information, please contact:

For further information visit www.telemessage.com or contact: Guy Levit	Messaging International Plc	Tel: + 972 3 9225252
Lucy Williams / Duncan Vasey /Eran Zucker	Peterhouse Corporate Finance	Tel: [phone]
David Foreman	Cantor Fitzgerald Europe	Tel: [phone]
Catherine Leftley	Cantor Fitzgerald Europe	Tel: [phone]

 

END

 

 

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