Sign In
10 Nov 2009 07:00
ο»Ώ
November 10, 2009
Great Eastern Energy Corporation Limited
Extraordinary General Meeting
Great Eastern Energy Corporation Limited ("Great Eastern Energy"Β or "Company"), a company involved in the exploration,Β development and production of coal bed methane in IndiaΒ is pleased to announce that it is seeking shareholders' approval, in supplemental toΒ theΒ earlier approval of shareholders on September 8, 2008,Β forΒ the following:
Issuance of newΒ shares andΒ offer for sale by existing shareholdersΒ of the Company and;
ToΒ re-appoint Mr. Yogendra Kr. Modi, ChairmanΒ & Managing Director (CEO)Β of the CompanyΒ for a further period of 5 yearsΒ as Chairman & Managing DirectorΒ (CEO)Β w.e.f. December 20, 2009Β on the sameΒ remunerationΒ as already approved by the shareholders in their meeting held on September 8, 2008.Β
The Company hasΒ issued a notice to shareholders convening an Extraordinary General Meeting (the "EGM") to be held on December 1, 2009 to seek shareholders' approval forΒ above mentionedΒ two proposals.Β
CopyΒ of the noticeΒ sentΒ toΒ shareholders forΒ convening the EGM isΒ available on theΒ Company's website. The said notice has also been forwarded toΒ theΒ depository, Deutsche Bank Trust Company Americas. Holders of GDRs in the Company who have not received a copy of the notice to shareholders mayΒ obtain a copy from the Company's nominated advisor, Arden Partners.Β
Disclaimer:Β www.geecl.com/IPO-SEBI-Disclaimer.html
For Further Information:
Great Eastern Energy
YK Modi,Β Chairman & CEOΒ +44 (0)20 7337 1516
Prashant Modi,Β President & COO
Arden PartnersΒ +44 (0)20 7398 1632
Richard Day
Adrian Trimmings
RBC Capital MarketsΒ +44 (0) 20 7653 4667
Sarah Wharry
Brett Jacobs
Pelham Public Relations
Philip DennisΒ +44 (0)20 7337 1516
Follow the stocks
