Rmm Shareholders3 Dec 2020 22:46
t:
The New Ordinary Shares will have the same rights and benefits as the Existing Ordinary Shares (except as to par value). The Sub-division will not change the number of shares held by an existing shareholder of the Company, just the nominal value of each share. The Deferred Shares will have limited rights and will effectively carry no value, and will not be admitted to trading on AIM.
It is currently intended that, in due course and as set out in the Amended Articles of Association, all the Deferred Shares will be re-purchased by the Company, at its sole discretion, for an aggregate consideration of GBP1 and be cancelled. The Company does not propose to issue new share certificates. Following the Sub-division, the ISIN code for the Sub-divided New Ordinary Shares will remain unchange
No. ORDINARY RESOLUTIONS FOR AGAINST VOTES WITHELD
To authorise the Company
to sub-divide the issued
share capital so that
the number of ordinary
shares of 1p each, is
sub-divided into one New
Ordinary Share of 0.01p
each, and one Deferred
1. Share of 0.99p each.