RNS15 Mar 2019 12:04
All passed, notice (c) from below, thats the company telling you how many more shares on top of the 603 million they can issue, so look forward to having 1.2billion shares soon....... devil is in the details -
Resolution 1 That the Directors be generally and unconditionally authorised in accordance with
articles 5.1 and 5.2 of the Company’s articles of association to exercise all of the
powers of the Company to allot:
(a) 16,666,667 Ordinary Shares of no par value in connection with the exercise
or conversion of the warrants referred to in the announcement of the
Company dated 27 February 2019 (“Announcement”);
(b) 48,888,889 Ordinary Shares of no par value pursuant to the Conditional
Placing as defined in the Announcement;
(c) (or to grant rights to subscribe for or to convert any security into such
Ordinary Share) Ordinary Shares for cash (in addition to the authorities
conferred in sub-paragraphs (a) and (b) above) up to an aggregate of
600,000,000 Ordinary Shares of no par value (in addition to the Ordinary
Shares in issue at the date of the Extraordinary General Meeting);