Notice of EGM

15 Jun 2005 16:03

Pentagon Protection PLC15 June 2005 Pentagon Protection plc ("Pentagon" or "the Company") Notice of Extraordinary General Meeting On 2 June 2005 Pentagon announced that it had entered into a letter of intentregarding an agreement with Mr Haytham ElZayn, the Chairman of AllegianceHoldings LLC, a leading US automotive warranty group, to collaborate in theintroduction and development of Pentagon's products in the high potential USmarket. Further to that announcement, Pentagon announces that it has today senta notice to its shareholders convening an EGM for 11.00a.m. on 8 July 2005 forthe purpose of approving the resolutions set out below. The purpose of the EGM is primarily to enable the Company to issue options to MrElZayn in connection with the strategic alliance announced by the Company on 2June 2005. The resolutions to be proposed are as follows: a) to increase authorised share capital to £1,000,000; b) to authorise the directors to issue ordinary shares pursuant to s80 of the Companies Act 1985 up to an aggregate nominal value of £80,000; and c) to disapply statutory pre-emption rights in connection with the issue of options to Mr ElZayn and otherwise up to an aggregate nominal amount of £35,000. Enquiries: Pentagon Protection plcGraham Bannerman, Chief Executive 020 8749 9749David Thomas, Chairman 020 8749 9749 This information is provided by RNS The company news service from the London Stock Exchange