The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksCraven House Capital Regulatory News (CRV)

Share Price Information for Craven House Capital (CRV)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.20
Bid: 0.15
Ask: 0.25
Change: 0.00 (0.00%)
Spread: 0.10 (66.667%)
Open: 0.20
High: 0.20
Low: 0.20
Prev. Close: 0.20
CRV Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Notice of AGM

13 Aug 2008 09:17

RNS Number : 2194B
Medsea Estates Group PLC
13 August 2008
 



Medsea Estates Group PLC

(the "Company")

Medsea Estates Group PLC announces that the Annual General Meeting will be held at the offices of the Company's solicitors, Dawsons LLP, 2 New Square, Lincoln's Inn, London WC2A 3RZ on Thursday 4th September 2008 at 11.00 am

The resolutions to be put before the meeting include resolutions to reduce the nominal value of the Ordinary shares from 10p to 1p in order to give the Company the flexibility to issue shares either to raise capital or to make acquisitions should the need or opportunity to do so ariseUnder company law, the Company is unable to issue shares at an issue price below the nominal value of the Company's shares. 

The reduction in the nominal value is proposed to be effected by dividing each existing issued Ordinary share of 10p each into one new Ordinary share of 1p each and one Deferred share of 9each. The rights attaching to the new Ordinary shares will be identical in all respects to those of the Ordinary Sharessave for the reduction in the nominal value. It is also proposed that the Deferred shares, which will have no effective value and no voting rights, will be cancelled subject to approval of the High Court. Existing share certificates will remain valid. Application will be made to the London Stock Exchange for the 77,979,412 new Ordinary shares of 1p each to be admitted to trading on AIM and such admission is expected to become effective on 5 September 2008.

Subject to approval of the High Court, it is also proposed to effect the cancellation of the share premium account and to apply the reserve arising, together with the reserve arising on the cancellation of the Deferred shares, in eliminating substantially the whole of the deficit on the Company's merger reserve which amounted to £7,059,900 at 31 December 2007

Further details of the proposals are set out in a letter to shareholders which, together with the Notice of Meeting, has been sent to shareholders and posted on the Company's website (www.medseaestates-ir.com). 

For further information: 

Medsea Estates Group plc 

 

Tony Gatehouse, Chairman 

Tel: +34 96 570 40 02

Juan Carlos Rodriguez Martinez, Chief Executive

 

HB Corporate

 

Edward Hutton /Imran Ahmad

Tel: +44 (0) 20 7510 8600

Media enquiries:

Threadneedle Communications

 

Alex White/Josh Royston

Tel: +44 (0) 20 7653 9859

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
NOASFMSADSASEFA
Date   Source Headline
26th Sep 20072:00 pmRNSTrading Statement
10th Aug 20077:01 amRNSAIM Rule 26
21st Jun 20077:01 amRNSJoint Venture
19th Jun 20073:52 pmRNSIssue of Warrants
14th Jun 200711:37 amRNSResult of AGM
14th Jun 20077:01 amRNSAGM Statement
31st May 20071:00 pmRNSTotal Voting Rights
31st May 200712:30 pmRNSIssue of Equity
31st May 200712:00 pmRNSRelated Party Transactions
25th Apr 20072:42 pmRNSTrading Update
11th Apr 200711:20 amRNSHolding(s) in Company
22nd Mar 20077:02 amRNSFinal Results
19th Mar 20078:00 amRNSNotice of Results
11th Dec 200611:51 amRNSTotal Voting Rights
26th Oct 20067:01 amRNSProperty Development
27th Sep 20067:01 amRNSInterim Results
31st Jul 20067:01 amRNSSaga Contract
10th Jul 20067:00 amRNSItalian Contract Update
4th Jul 200610:58 amRNSChange of Adviser
16th Jun 20064:13 pmRNSResult of AGM
16th Jun 20067:00 amRNSAGM Statement
17th May 20067:00 amRNSReport and Accounts Posted
25th Apr 20062:48 pmRNSProgress in First Quarter
6th Apr 20066:24 pmRNSDirector/PDMR Shareholding
6th Apr 20068:00 amRNSPreliminary Results
22nd Feb 20063:46 pmRNSShare price movement
16th Dec 200512:25 pmRNSChange of Registered Office
23rd Nov 20057:00 amRNSExpansion into Cyprus, Turkey
28th Oct 20058:00 amRNSBusiness Update
29th Sep 20054:47 pmRNSInterim Results
4th Jul 20057:00 amRNSProperty Development
15th Jun 200511:00 amRNSAGM Statement
20th May 200512:59 pmRNSAnnual Report and Accounts
16th May 20059:00 amRNSBusiness Update
21st Apr 200512:42 pmRNSTrading Statement
21st Mar 20059:38 amRNSFinal Results
3rd Mar 20054:39 pmRNSNotice of Prelimnary Results

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.