Business
Publication of Circular & General Meeting Notice
Publication of Circular & General Meeting Notice.
About this update from Braemar Plc
[{"type":"text","content":"\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n 29 March 2023\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n BRAEMAR\n \n \n \n \n \n PLC\n \n \n \n (\"Braemar\" or the \"Company\" or the \"Group\")\n \n \n \n \n \n \n Publication of Circular and Notice of General Meeting\n \n \n \n \n \n \n Braemar Plc (LSE: BMS), a provider of expert investment, chartering, and risk management advice to the shipping and energy markets, announces that a circular and notice of general meeting (the \"Circular\") has today been published and posted to shareholders. The general meeting will be held at the Company's offices at One Strand, Trafalgar Square, London, WC2N 5HR at 10 a.m. on 18 April 2023.\n \n \n \n \n \n Following the Company's announcement dated 14 February 2023, which set out inter alia the Company's intention to convene a general meeting. The Circular sets out the details of a proposed capital reduction (which will support the Company's ability to pay dividends in future and provide the Company with flexibility to continue with the existing progressive dividend policy), proposed rectification of the relevant dividends and proposed related party transaction.\n The expected timetable of principal events and the Chairman's letter are set out below.\n \n \n \n \n \n The notice will be available on the Company's website (\n \n www.braemar.com\n \n ) and, together with the Form of Proxy will be submitted to the National Storage Mechanism and will shortly be available for inspection at:\n \n https://data.fca.org.uk/#/nsm/nationalstoragemechanism\n \n . \n Copies of these documents have also been posted today to those of the Company's shareholders that have elected to continue to receive hard copies.\n \n \n \n \n \n Unless otherwise indicated, all capitalised terms used but not defined in this announcement shall have the same meaning as described in the Circular.\n \n \n \n \n \n \n \n \n \n For further information, contact:\n \n \n \n \n \n \n \n \n \n \n \n \n \n Braemar Plc\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Nick Stone, Group Chief Financial Officer\n \n \n \n \n Tel +44 (0) 20 3142 4100\n \n \n \n \n \n \n Rebecca-Joy Wekwete, Company Secretary\n \n \n \n \n \n \n \n \n \n \n \n ...