Notice of EGM

Summary by AI BETAClose X

Ethernity Networks Limited is convening an extraordinary general meeting on March 18, 2026, to seek shareholder approval for two key resolutions. Firstly, the company aims to increase its share authorities to issue up to 15,000,000,000 new ordinary shares on a non-pre-emptive basis, which will facilitate the grant of warrants associated with a recent placing and provide additional fundraising capacity. Secondly, shareholders will vote on converting unpaid salary and director fees, up to £70,000, into new ordinary shares at the recent placing price of 0.004p.

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