Business
Results of GM
Results of GM.
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[{"type":"text","content":"\n \n \n RNS Number : 1687M\n Curzon Energy PLC\n 06 May 2020\n \n \n \n \n Market Abuse Regulation (MAR) Disclosure\n \n \n Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.\n \n \n \n \n \n 6 May 2020\n \n \n \n \n \n \n Curzon Energy Plc\n \n \n \n (\"Curzon\" or the \"Company\")\n \n \n \n Results of GM\n \n \n \n \n \n Curzon Energy plc (LON:CZN) the London Stock Exchange listed company, announces that at the General Meeting held earlier today, all resolutions were passed unanimously on a show of hands. \n \n \n \n \n \n Share Capital Reorganisation of Existing Ordinary Shares to Reduce Par Value\n \n \n \n \n \n At the General Meeting of the Company held today, the Company sought shareholder approval for \n the subdivision and re-designation of the 83,032,971 Existing Ordinary Shares (\"Existing Ordinary Shares\") of £0.01 each in the capital of the Company into (i) 83,032,971 New Ordinary Shares (\"New Ordinary Shares\") of £0.0001 each and (ii) 83,032,971 Deferred Shares (\"Deferred Shares\") of £0.0099 each in the capital of the Company, and to amend the Company's Articles of Association accordingly. \n \n \n \n \n \n The proposed share capital reorganisation was passed at the General Meeting and amendments will be made to the Company's Articles of Association in respect of the Deferred Shares and the subdivision and re-designation of the Existing Ordinary Shares. \n \n \n \n \n \n Each New Ordinary Share will carry the same rights in all respects under the amended Articles of Association as each Existing Ordinary Share does at present under the existing Articles of Association, including the rights in respect of voting and the entitlement to receive dividends.\n \n \n \n \n \n Each Deferred Share will have very limited rights \n and will effectively be valueless. \n CREST accounts of Shareholders will not be credited in respect of any entitlement to Deferred Shares and the Company will not issue any share certificates in respect of Deferred Shares. The Deferred Shares shall have the rights and restrictions as set out in the amended Articles of Association and shall not entitle the holder thereof to receive notice of or...