Business
Proposed Capital Reorganisation and Notice of AGM
EQTEC PLC announced a proposed capital reorganization to reduce the nominal value of ordinary shares and the Annual General Meeting (AGM) to be held on September 25, 2025. Shareholders will vote on resolutions to effect this reorganization, involving a subdivision of each existing ordinary share. As of August 28, 2025, the company's issued ordinary share capital was €6,406,571 divided into 640,657,138 shares. Each existing ordinary share will be subdivided into one new ordinary share of €0.0001 and one deferred share of €0.0099. Shareholders are also asked to approve the Directors' authority to issue ordinary shares up to an aggregate nominal value of €45,000 and to disapply pre-emption provisions for new share issues up to the same value. Disclaimer*
About this update from Forgent Plc
[{"type":"text","content":"\n\n \n \n29 August 2025\n \nEQTEC plc\n(\"EQTEC\", the \"Company\" or the \"Group\")\n \nProposed Capital Reorganisation and Notice of Annual General Meeting\n \nEQTEC plc (AIM: EQT), a leading licensor and innovator of syngas technology for clean conversion of the world's waste into sustainable energy and biofuels, to power the circular economy, announces the publication of a circular (the \"Circular\") and that the Annual General Meeting of the Company will be held at the offices of Philip Lee LLP, Connaught House, One Burlington Road, Dublin 4, D04 C5Y6, Ireland at 12.00 noon on Thursday, 25 September 2025 (the \"AGM\").\n \nIn addition to the regular business of the AGM, shareholders are also being asked to approve, at the AGM, resolutions to effect a reduction in the nominal value of ordinary shares (\"Capital Reorganisation\").\n \nThe Circular containing details of the proposed Capital Reorganisation, the Notice of AGM and associated Form of Proxy are today being sent to shareholders and are available on the Company's website at www.eqtec.com, in addition to the Annual Report 2024 as previously announced.\n \nAll capitalised terms in this announcement are as defined in the Circular, unless otherwise defined.\n \nThe Circular is available for inspection on the Company's website: www.eqtec.com\n \nThe expected timetable of principal events and the letter from the Chairman, extracted from the Circular, are set out further below.\n \n \nENQUIRIES \n \n\n\n\n\nEQTEC plc\nDavid Palumbo \n \n\n\n+44 20 3883 7009 \n\n\n\n\nStrand Hanson - Nomad & Financial Adviser\nJames Harris / Richard Johnson \n \n\n\n+44 20 7409 3494 \n\n\n\n\nGlobal Investment Strategy UK Ltd - Broker \nSamantha Esqulant \n \n\n\n+44 20 7048 9045 \n\n\n\n\n \n \nExpected timetable of principal events\n \n\n\n\n\nDate of Circular and Notice of AGM\n \nLatest time and date for receipt of Forms of Proxy \n\n\n &...