Information  X 
Enter a valid email address
  Print      Mail a friend       More announcements

Monday 08 January, 2018

Eridge Capital Ltd

Notice of AGM, BVI Migration and Corporate Update

RNS Number : 2395B
Eridge Capital Ltd
08 January 2018
 

08 January 2018

 

Eridge Capital Limited

 

("Eridge Capital" or the "Company")

 

Notice of AGM, BVI Migration and Corporate Update

 

Eridge Capital is pleased to advise shareholders that the notice of the Annual General Meeting (the "Notice") has now been posted to members of the Company. The Annual General Meeting (the "AGM") of the Company will be held at Jeffreys Henry LLP, Finsgate, 5-7 Cranwood Street, London EC1V 9EE on 5 February 2018 at 11:00am.

Agenda

The resolutions to be proposed at the AGM are set out in full in the Notice.

The ordinary business to be proposed at the AGM is to:

1.         elect Nicholas Lee, who will retire as a director of the Company (the "Director") pursuant to article 7.9 of the articles of association of the Company (the "Articles") who, being eligible, offers himself for re-election and whose re-election has been recommended by the Board;

2.         elect Matthew Ben Turney, who will retire as a Director pursuant to article 7.3 of the Articles who, being eligible, offers himself for re-election and whose re-election has been recommended by the Board;

3.         elect Gary Bullivant, who has been nominated pursuant to article 7.6(b) of the Articles and who consents to act as a Director;

4.         receive and consider the balance sheet, profit and loss account and reports of the directors and auditors for the financial year ended 31 December 2016; and

5.         re-appoint Jeffreys Henry LLP as auditor of the Company to hold office until the conclusion of the next annual general meeting.

The Board recommends that shareholders vote for Resolutions 1, 2, 4 and 5 and against Resolution 3.

Copies of the Notice and the Company's Annual Report for 2016 shall be posted on the Company's website, www.eridgecapital.co.uk, shortly.

Migration to the British Virgin Islands (the "BVI") and future issue of share certificates

As announced on 28 September 2017, Eridge Capital is in the process of migrating to the British Virgin Islands. The next stage of the migration will commence after the Company's AGM has been held.

Once Eridge Capital has completed the migration to the British Virgin Islands, the Company will issue new share certificates to shareholders.

For those shareholders who hold stock via a nominee provider, share certificates will be issued to the nominee provider.

Corporate Update

The Board is currently working on a number of initiatives to restore value to Eridge Capital. The Board will provide a detailed update to shareholders as soon as it is able and expects to seek shareholder approval at a future general meeting, before taking certain actions.

 

-Ends-

 

Enquiries:

Ben Turney

New World Oil and Gas plc

Tel. +46 (0) 7697 406 06

 

Nicholas Lee

New World Oil and Gas plc

Tel. +44 (0) 20 7580 7576

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
NRAFMGGMMRFGRZM

a d v e r t i s e m e n t