21 Oct 2008 14:12
For immediate release: 21 October 2008
CREON CORPORATION Plc ("Creon" or "the Company") ISSUE OF CIRCULAR AND NOTICE OF GM
Creon Corporation Plc (AIM: CRO) announces that following its statement of 16 October 2008, a Circular convening a General Meeting of the Company is being posted to shareholders today. The meeting is to be held at 10am on 6 November 2008 at offices of the Company at 11 Grosvenor Crescent, London SW1X 7EE.
At the General Meeting, the following Resolutions will be proposed:
1. an ordinary resolution to increase the share capital of the Company from ‚£
500,000 to ‚£1,000,000 by the creation of an additional 50,000,000 Ordinary
Shares;
2. an ordinary resolution to authorise the Directors to allot relevant
securities (as defined in section 80 of the Act), inter alia, up to the
authorised but unissued share capital; and
3. a special resolution to allow the Directors, subject to the limits set out
in that resolution, to issue New Ordinary Shares for cash on a non
pre-emptive basis, including specific authorities to allot new Ordinary
Shares under (1) the Conversion, (2) the exercise of the Warrants and (3)
the issue of 21,007,337 new Ordinary Shares generally.
A copy of the Circular can be viewed at the Creon's website: www.creoncorporation.com.
Ends
For further information please contact:
Creon Corporation Plc Jonathan Freeman +44 (0)20 7752 0215
Daniel Stewart & Company Plc Oliver Rigby +44 (0)207 776 6550
GTH Media Relations Toby Hall +44 (0)20 7153 8039
Christian Pickel +44 (0)20 7153 8036
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