triplesvopen15 Sep 2009 13:06
Yes, that might be a better idea, well, anything would be a better idea than what I have right now!
On the AGM question that seems to be coming up endlessly, I copied this from their website
Dear Shareholder,
I am pleased to be writing to you with details of our one hundred and eleventh Annual General Meeting ("AGM") to be held at 11.30a.m. on 22 September 2009 at Norflex House, Allington Way, Darlington.
Elements of the business to be considered at the AGM.
Resolution 1 – To receive the Annual Report and Accounts for the year ended 30 April 2009
Resolution 2 – Remuneration Report
Resolutions 3 and 4 – Reappointment of auditors
Resolutions 5, 6 and 7 – Reappointment of Directors
Resolution 8 – Share Consolidation
Resolution 8 deals with the share consolidation. The Directors have decided to recommend to Shareholders that the existing issued and unissued ordinary shares of 5 pence each in the capital of the Company (the "Existing Ordinary Shares") are consolidated into new ordinary shares of 50 pence each in the capital of the Company (the "New Ordinary Shares") on the basis of 1 New Ordinary Share for every 10 Existing Ordinary Shares. The purpose of the share consolidation is to reduce the total number of shares now in issue, following the placing and rights issue, and to increase the nominal value of the Company’s shares to a figure more appropriate for a listed company of its size and na