WTS.L Regulatory News (WTS)

THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION.

If you are in any doubt as to what action you should take, you are recommended to seek your own financial advice from your stockbroker or other independent adviser authorised under the Financial Services and Markets Act 2000.

If you have sold or transferred all of your shares in World Trade Systems plc, please forward this document, together with the accompanying documents, as soon as possible either to the purchaser or transferee or to the person who arranged the sale or transfer so they can pass these documents to the person who now holds the shares.  

WORLD TRADE SYSTEMS PLC

NOTICE IS GIVEN that the 2016 Annual General Meeting of World Trade Systems plc ("Company") will be held at the offices of Citroen Wells Chartered Accountants, 4th floor, Devonshire House, 1 Devonshire Street, London W1W 5DR on 30 September 2016 at 11 a.m. to consider and, if thought fit, to pass Resolutions 1 to 5 inclusive as special resolutions 6 to 12 inclusive as ordinary resolutions:

SPECIAL RESOLUTIONS

1. THAT the memorandum of association of the Company be amended by deleting Clause 6.

2. THAT the articles of association of the Company be amended by deleting article [3] [3.1]

3. THAT the directors be and they are hereby empowered pursuant to Section 570 and Section 573 of the Companies Act 2006 to allot equity securities (within the meaning of Section 560 of the Act) for cash pursuant to the authority conferred by Resolution 12 below provided that this power shall be limited to the allotment to any person or persons of equity securities up to an aggregate nominal amount of £37,500 and shall expire upon the expiry of the general authority conferred by Resolution 12 below, save that the company shall be entitled to make offers or agreements before the expiry of such power which would or might require equity securities to be allotted after such expiry and the directors shall be entitled to allot equity securities pursuant to any such offer or agreement as if the power conferred had not expired.

4. THAT a general meeting of the Company, other than an annual general meeting, may be called on not less than 14 clear days' notice provided that this authority shall expire at the conclusion of the next GM of the Company.

5. THAT the Company be and is authorised to serve any notice or send any other document or information to a member (or where applicable a nominee) by making the notice or document or information available on the Company's website or by using other electronic means.

ORDINARY RESOLUTIONS

6. THAT the directors' and auditors' report and accounts of the Company for the period ended 31December 2015 be approved and adopted.

7. THAT the Directors' Remuneration Report for the year ended 30 September 2014 be approved and adopted.

8. THAT Grant Thornton UK LLP be re-appointed as the auditors of the Company to hold office for the period prescribed by section 485 of the Companies Act 2006.

9. THAT the remuneration of the auditors for the period of their office shall be such sum as shall be mutually agreed between them and the directors of the Company.

10. THAT the retirement and re-election of Dr Shao Chen as a director of the Company be and is hereby approved.

11. THAT the retirement and re-election of Murzban Mehta as a director of the Company be and is hereby approved.

12. THAT the directors of the Company be and they are hereby generally and unconditionally authorised pursuant to and in accordance with section 551 of the Companies Act 2006) to exercise all the powers of the Company to allot shares in the Company up to an aggregate nominal amount of £37,500 provided that this authority shall expire at the end of the next Annual General Meeting of the Company to be held in 2017 or a period of fifteen months, save that the Company shall be entitled to make offers or agreements before the expiry of the authority which would or might require shares to be allotted after such expiry and the directors shall be entitled to allot shares pursuant to any such offer or agreement as if this authority had not expired; and all authorities vested in the directors on the date of this notice of meeting to allot shares that remain unexercised at the commencement of the meeting be and hereby revoked.

BY ORDER OF THE BOARD

_______________________

Murzban Mehta

Secretary

Dated: 16 August 2016

Registered Office

Devonshire House

1 Devonshire Street

London

W1W 5DR

Registered in England and Wales

Company No: 01698076