21 Aug 2017 12:56
21 August 2017
Scotgold Resources Limited (AIM:SGZ)
("Scotgold" or the "Company")
Result of General Meeting and Share Consolidation
The Company confirms that the resolution put to shareholders at the General Meeting ("GM") held today, 21 August 2017, was carried on a show of hands.
In accordance with Section 251AA (1) of the Corporations Act, the following information is provided in relation to the resolutions considered by shareholders at the GM.
The Company received 38 valid proxies representing 10,231,719 ordinary shares who directed their voting preferences as follows:
No. | Resolution | For | Against | Abstain | Discretionary |
1. | Consolidation of Capital | 9,819,146 | 342,001 | 0 | 70,572 |
The company will now undertake a consolidation of share capital on a 100 for 1 basis (the "Share Consolidation"), as set out in the announcement released by the Company at 09:17 a.m. on 21 July 2017, in accordance with the timetable set out below:
Action | Date |
Resolution Approved | 21 August 2017 |
Last day for pre-Consolidation trading on AIM | 24 August 2017 |
Last day for Company to register transfers on a pre-Consolidation basis (Record Date 5pm (BST)) | 24 August 2017 |
Post-Consolidation trading starts on AIM | 25 August 2017 |
Consolidation is effected on the Australian share and UK Depositary Interest registers | 25 August 2017 |
Statistics relating to the Share Consolidation
New ISIN | AU000XINEAK5 |
New SEDOL | BF7TTV8 |
TIDM (unchanged) | SGZ |
The Company will make a further announcement in relation to total voting rights once the final number of new ordinary shares in the Company is calculated and confirmed at the record date. For further information please contact:
Scotgold Resources Limited | Stockdale Securities Limited | Capital Markets Consultants | Smaller Company Capital Ltd |
Richard Gray - CEO | Robert Finlay/ Ed Thomas | Simon Rothschild | Rupert Williams |
Tel: +44 (0)1838 400 306 | Tel: +44 (0)20 7601 6100 | Tel +44 (0)7703 167 065 | Tel: +44 (0)20 3651 2911 |