Mon, 3rd Sep 2018 16:00
3 September 2018
CSF Group plc
("CSF", the "Company" or the "Group")
Posting of Documents
Further to the Company's announcement of 28 August 2018, the Board of CSF announces that hard copies of the following documents (the "Documents") have today been sent to Shareholders.
· A circular to Shareholders (the "EGM Circular") containing a notice of an extraordinary general meeting ("Extraordinary General Meeting") to be held on 24 September 2018 for the purpose of considering, and if thought fit, passing a resolution (the "Resolution") to cancel the admission of the Company's ordinary shares of 10p each ("Ordinary Shares") to trading on AIM (the "Proposal" or the "Cancellation").
· A form of proxy for use by Shareholders at the Extraordinary General Meeting.
Electronic copies of the Documents will shortly be available from the Company's website: www.csf-group.com in accordance with AIM Rule 20 and Rule 26.
Among other things, the Company's announcement of 28 August 2018 and the Circular contain: (i) the background to the Proposal; (ii) why the Board has decided to proceed with the Proposal, subject to Shareholders' approval; and (iii) why the Directors believe that the Proposal is in the best interests of the Company and Shareholders as a whole and why the Board recommends that Shareholders vote in favour of the Resolution at the forthcoming Extraordinary General Meeting.
Subject to the passing of the Resolution at the Extraordinary General Meeting on 24 September 2018, Cancellation will occur no earlier than 5 Business Days after the Extraordinary General Meeting and it is therefore expected that trading in the Ordinary Shares on AIM will cease at the close of business on 1 October 2018, with Cancellation expected to take effect at 7:00 a.m. (British Summer Time) / 2.00 p.m. (Malaysia Time) on 2 October 2018.
For further information, please contact:
Phil Cartmell, Chairman
+603 8318 1313
Allenby Capital (Nominated Adviser and Broker)
Nick Naylor / Alex Brearley
+44 (0) 20 3328 5656