AGM on 18th Dec.15 Dec 2025 13:24
The Special Resolution is looking to give management the right to purchase 100% of the outstanding shares.
So are they looking to clean out small investors, take this private and keep the cash for them selves? If not why not pay a dividend to all shareholders and be fair.
To authorise the Company generally and unconditionally to make market purchases
(as defined in section 693(4) of the Companies Act 2006) of ordinary shares with a
nominal value of 0.25p each in the capital of the Company, provided that the
company does not purchase under this authority more than 44,731,000 ordinary
shares. This authority shall continue until the conclusion of the next annual general
meeting of the Company to be held in 2026, provided that, if the company has agreed
before this date to purchase ordinary shares where these purchases will or may be
executed after the authority terminates (either wholly or in part), the Company may
complete such purchase