RE: RNS week30 May 2022 13:32
Can be Franny, but, other times you get special resolutions added to vote through etc. The deal/s need to be voted through by shareholders, so, the deal info will arrive for the AGM, or, for a separate EGM. They can't finalise the deal until shareholders vote it through, it's how they've structured it from the get go due to AIM Rule 15 -
"If the Company was to dispose of both of its Assets, then AIM Rule 15 (Fundamental Changes of Business) would apply. Such a disposal would require shareholders' consent, an announcement which contains the information set out in Schedule Four to the AIM Rules; and be accompanied by a circular containing the details of the disposal and convening a general meeting to approve it."
GLA