Business
Result of GM and change of registered office
Result of GM and change of registered office.
About this update from Capital Metals Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 2359L\n Equatorial Palm Oil plc\n 11 January 2021\n \n \n \n \n THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF EUREGULATION 596/2014 (\"MAR\"). UPON PUBLICATION OF THIS ANNOUNCEMENT, THIS INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.\n \n \n \n \n \n 11 January 2021 \n \n \n \n \n \n EQUATORIAL PALM OIL plc (to be renamed Capital Metals plc)\n \n \n (\"EPO\" or the \"Company\")\n \n \n Result of GM and change of registered office\n \n \n \n \n \n Equatorial Palm Oil plc (AIM: PAL) announces, further to its announcement on 23 December 2020 that at a General Meeting (\"GM\") held earlier today, the following resolutions were duly approved by shareholders:\n \n \n 1. the approval of the Acquisition of Capital Metals Limited;\n \n \n 2. the approval of the appointment of Gregory Martyr as a Director of the Company; \n \n \n 3. the approval of the appointment of Anthony Samaha as a Director of the Company;\n \n \n 4. the approval of the appointment of James Leahy as a Director of the Company;\n \n \n 5. the authorisation for the Directors to allot the New Ordinary Shares and options pursuant to the Share Option Plan;\n \n \n 6. the consolidation of every 20 Existing Ordinary Shares into one New Ordinary Share;\n \n \n 7. the disapplication of statutory pre-emption provisions to allow the Directors in certain circumstances to allot New Ordinary Shares in connection with the Proposals and the Share Option Plan for cash other than on a pre-emptive basis; and\n \n \n 8. the approval of the Change of Name to Capital Metals plc. \n \n \n As outlined in the Admission Document dated 23 December 2020, 18 ordinary shares have been allotted at the nominal value. The record date for the Share Consolidation is 600 p.m. today and Admission of 22,813,876 New Ordinary Shares of 0.2 pence each (to replace the existing 456,277,520 existing ordinary shares of 0.01 pence each) is expected on 12 January 2021. The Change of Name is expected to become effective shortly (at which point a further announcement will be made), and the allotment of the Placing Shares, the Subscription Shares and Consideration Shares will take place on 12 January 2021. \n \n \n It is expected that the readmission of the Enlarged Issued Ordinary Shar...