Business
Publication of Circular and Notice of GM
Publication of Circular and Notice of GM.
About this update from Energean Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 8947N\n Energean PLC\n 03 February 2021\n \n \n \n \n \n \n \n Energean plc\n \n \n (\"Energean\" or the \"Company\")\n \n \n \n \n \n PUBLICATION OF CIRCULAR AND NOTICE OF GENERAL MEETING\n \n \n \n \n \n \n London, 3 February 2021 \n \n - Energean plc (LSE: ENOG, TASE: א), is pleased to announce that the Financial Conduct Authority (the \"FCA\") has today approved Energean's shareholder circular (the \"Circular\") in relation to the proposed acquisition of 30% of the total issued share capital of Energean Israel Limited (\"Energean Israel\") from Kerogen Investments No. 38 Limited (\"Kerogen\") (the \"Acquisition\") as announced on 30 December 2020. \n \n \n \n \n \n Energean has today published the Circular, which will be sent or made available to Energean shareholders shortly. The Circular contains further information on the Acquisition and a notice convening a general meeting of Energean's shareholders at 10:00 a.m. on 19 February 2021 at the registered office of the Company at Accurist House, 44 Baker Street, London, W1U 7AL (the \"General Meeting\"), to consider and approve the Acquisition.\n \n \n The Acquisition is conditional upon the approval of Energean's shareholders and requires Energean shareholders who together represent a simple majority of the Energean shares voted at the General Meeting to vote to approve the ordinary resolution put to the General Meeting. It also requires Energean shareholders who together represent at least three-quarters of the Energean shares voted at the General Meeting to vote to approve the issuance of any shares which may be issued pursuant to the Convertible Loan Notes (as defined in the Circular) other than in accordance with statutory pre-emption rights.\n \n \n The expected timetable of principal events in relation to the General Meeting is as follows:\n \n \n EXPECTED TIMETABLE OF PRINCIPAL EVENTS\n \n \n \n \n \n \n \n \n Publication of Circular\n \n \n \n \n 3 February 2021\n \n \n \n \n \n \n Latest time and date for receipt of Forms of Proxy \n \n \n \n \n 10:00 a.m. on 17 February 2021\n \n \n \n \n \n \n General Meeting\n \n \n \n \n 10:00 a.m. on 19February 2021\n \n \n \n \n \n \n Expected date of Completion\n \n \n \n \n Q1 2021\n \n \n \n \n \n All references to time in this announcement are to ...