Last checked at 14 Mar 2016 15:59
14 March 2016
Tower Resources plc
Posting of Annual Report and Accounts, Notice of Annual General Meeting and
Proposed Share Capital Reorganisation
Tower Resources plc (the "Company" or "Tower" (TRP.L, TRP LN)), the AIM-listed Africa-focussed oil and gas exploration company, announces that its Annual Report and accounts for the year ended 31 December 2015 together with Notice of AGM and a circular relating to the Proposed Share Capital Reorganisation has been posted to shareholders.
The AGM is convened to be held at the offices of Peel Hunt LLP, Moor House, 120 London Wall, London EC2Y 5ET on Wednesday 6 April 2014 at 2:30pm.
As previously announced in the Preliminary Results to 31 December 2015 on 7 March 2015, at the AGM the Company intends to propose to restructure and consolidate the Company's shares such that for each 250 shares currently held shareholders will receive one new share. The timetable relating to the AGM and capital reorganisation is shown below.
Expected Timetable of Events:
Circular posted to Shareholders 14 March 2016
Latest time and date for receipt of Forms of Proxy 2.30 pm on 4 April 2016
Annual General Meeting 2.30 pm on 6 April 2016
Record time and date for the Share Capital Reorganisation 6.00 pm on 6 April 2016
Admission of the New Ordinary Shares to trading on AIM 8.00 am
on 7 April 2016
Expected date on which CREST accounts are to be credited 7 April 2016
Expected date by which definitive new share certificates 21 April 2016
are to be despatched
Contacts
Tower Resources
Graeme Thomson (CEO)Andrew Matharu (VP - Corporate Affairs)+44 20 7253 6639
Peel Hunt LLP (Nominated Adviser and Broker)
Richard Crichton/Ross Allister+44 20 7418 8900
Vigo Communications
Chris McMahon/ Alex Aleksandrov+44 20 7016 9572