Results of General Meeting

Summary by AI BETAClose X

Minoan Group Plc announced that Resolution 1 regarding the disposal of Loyalward Limited has been passed, completing the disposal. However, Resolution 2 was adjourned, and the company anticipates its admission to trading on AIM will be cancelled at 7 a.m. on January 5th. The Board estimates the company has sufficient funds for only two to three months of operations, which is insufficient to resolve unsettled creditors or raise additional funds, preventing the clarification of its financial position and the restoration of trading.

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Minoan Group (MIN)
UK 100

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