pp2 of RNS 3/8/201026 Aug 2010 17:49
This is how i see it as passed ....now youve got me doubting...............
If the Resolutions are duly passed at the AGM, the Company’s existing trading
facility on AIM will be cancelled and the Company will apply for the Enlarged Share
Capital to be admitted to trading on AIM. If the Resolutions are not passed at the
AGM, the Existing Ordinary Shares will be cancelled from trading on AIM pursuant
to Rule 41 of the AIM Rules for Companies.
Irrevocable undertakings to vote in favour of the Resolutions have been received from
certain of the Directors and Shareholders in respect of 320,687,914 Existing Ordinary
Shares, representing approximately 37.44 per cent. of the Company’s existing issued
share capital.
Shareholders should note that the Proposals are inter-conditional. It is expected that
Admission will take place