RE: Dilution?19 Jul 2024 13:45
StockMINING MINERALS & ORD GBP0.01 REG S
Event TypeConsolidation (reverse split)
DescriptionProposed Consolidation & Name Change
Meeting date: 29th July 2024
Old name: Mining, Minerals & Metals plc
New name: Georgina Energy plc
Ratio: 1-for-5
Record date: 29th July 2024
Pay date: 30th July 2024
Mining, Minerals & Metals plc has announced a 1-for-5 Consolidation, whereby holders will be issued with 1 new share in exchange for every 5 shares held, subject to shareholder approval at a general meeting on 29th July 2024. The company is also proposing to change its name to Georgina Energy plc.
If approved, new shares will be issued to entitled shareholders upon receipt of the stock from the company. The official pay date is 30th July 2024.