Result of EGM
05 Juillet 2007 - 2:32PM
UK Regulatory
5 July 2007
Pine Ventures plc
("Pine Ventures" or the "Company")
Result of AGM, EGM, result of Open Offer and Placing
The directors are pleased to announce that at the Extraordinary General Meeting
and Annual General Meeting held earlier today, all resolutions proposed were
duly passed.
The circular to shareholders dated 12 June 2007 (the "Circular") contained
details of a conditional Placing and Open Offer of up to 992,698,502 New Shares
at 0.1p per share.
As at the closing of the Open Offer at 11.00 a.m. on 4 July 2007 applications
had been received as follows:
No. of Offer Shares �
Number of Offer Shares available Up to 592,698,502 592,699
Total Offer Shares applied for 23,045,868 23,046
Percentage of Offer Shares taken up 3.89%
In addition to the 23,045,868 New Shares to be issued under the Open Offer, the
Company has allotted 400,000,000 ordinary shares to certain shareholders and
other investors in respect of the Placing. Therefore, the Company has allotted
a total of 423,045,868 New Shares at 0.1p per share, pursuant to the Placing
and Open Offer.
The Company has made application for these shares to be admitted to trading on
AIM ("Admission") and dealings are expected to commence on 6 July 2007.
Following Admission of the New Shares, the Company will have a total of
719,395,119 Ordinary Shares in issue.
Definitions used in this announcement shall have the same meaning as given in
the Circular.
For enquiries:
Lord Beaverbrook, Chairman 020 7235 3131
Pine Ventures plc
Simon Clements/David Worlidge 020 7628 2200
John East & Partners Limited
Trevor Phillips 020 7929 5599
Holborn Public Relations
END
Pine Ventures (LSE:PVS)
Graphique Historique de l'Action
De Mai 2024 à Juin 2024
Pine Ventures (LSE:PVS)
Graphique Historique de l'Action
De Juin 2023 à Juin 2024
Real-Time news about Pine Ventures (London Stock Exchange): 0 recent articles
Plus d'articles sur Pine Ventures Plc