Business
Result of GM
Result of GM.
About this update from Dekel Agri-vision Plc
[{"type":"text","content":"\n \nRNS Number : 4544B Dekeloil Public Limited 16 June 2016 \n\nTHIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, THE REPUBLIC OF IRELAND, THE REPUBLIC OF SOUTH AFRICA, JAPAN OR ANY JURISDICTION WHERE TO DO SO MIGHT CONSTITUTE A VIOLATION OF LOCAL SECURITIES LAWS OR REGULATIONS.\n \nDekelOil Public Limited / Index: AIM / Epic: DKL / Sector: Food Producers\n \nDekelOil Public Limited \n('DekelOil' or the 'Company')\n \nResult of General Meeting,\nIssue of Equity,\nShare Consolidation and\nTotal Voting Rights \n \nResult of General Meeting\nDekelOil is pleased to announce that, at the General Meeting held earlier today, all of the Resolutions proposed were duly passed by Shareholders. \n \nIssue of Equity\nApplication has been made to the London Stock Exchange for the admission of the 933,222,080 ordinary shares of €0.00003367 each ('Ordinary Shares') to be admitted to trading on AIM. Admission is expected to take place at 8.00 a.m. on 17 June 2016.\n \nShare Consolidation\nThe Company confirms that the Share Consolidation of the Ordinary Shares of the Company, whereby every 10 Ordinary Shares will be consolidated into 1 New Ordinary Share has been approved. Any fractional entitlements arising from the Share Consolidation will be aggregated and sold in the market and the net proceeds will be retained for the benefit of the Company. \n \nAs all Ordinary Shares will be consolidated, each shareholder's shareholding as a proportion of the total number of issued ordinary shares in the share capital of the Company will be the same immediately before and after the implementation of the share consolidation (save in respect of fractional entitlements).\n \nThe full terms and explanatory notes of the consolidation are set out in the full Notice of General Meeting which has been sent to Shareholders. \n \nTotal Voting Rights\nIn accordance with the FCA's Disclosure Rule and Transparency Rules, following the Share Consolidation, the Company's share capital and total voting rights will comprise 247,704,894 ordinary shares of €0.0003367 each. The Company does not hold any shares in treasury. Therefore, the total number of voting r...