Business
Waiver of Takeover Provision, New Investing Policy
Jade Road Investments seeks shareholder approval for several key changes following a £1.2 million subscription for 200 million ordinary shares by NOIA Capital at £0.006 per share. A general meeting is scheduled for October 28, 2025, to vote on these resolutions. The company is proposing a waiver of takeover provisions, which would allow NOIA Capital to maintain its 83.85% stake without making a mandatory cash offer. Additionally, shareholders will vote on a proposed transfer of 100 million ordinary shares to Accrete Capital SPV and the appointments of Nicolas Vassaux and Ali Shekofti as new directors. Finally, a vote will be held to approve a new investing policy focused on mid-to-late stage technology investments, with a maximum of 20% of net asset value allocated to any single investment, except when the net asset value is less than $100 million. Disclaimer*
About this update from Jade Road Investments Limited
[{"type":"text","content":"\n\nJADE ROAD INVESTMENTS LIMITED\n(\"Jade Road Investments\", \"JADE\" or the \"Company\")\nCircular\nWaiver of Takeover Provisions\nAppointment of New Directors\nand\nNew Investing Policy\n \nJade Road Investments Limited (AIM:JADE), the London quoted investment company that looks to provide investors exposure to alternative investments which aim to offer higher returns and lower risk than traditional asset classes, announces that the Company will today post the below Circular to Shareholders. These documents will also shortly be available on the Company's website.\nThe General Meeting of the Company will be held at 10.00 a.m. UKT on 28 October 2025 at Troutman Pepper Locke UK LLP, Second Floor, 201 Bishopsgate, London EC2M 3AB.\nCapitalised terms used but not otherwise defined in this announcement shall have the meanings ascribed to such terms in the Circular, unless the context requires otherwise.\nFor further information, please contact:\nJade Road Investments Limited\n+44 (0) 778 531 5588\nJohn Croft\n \nZeus Capital Limited - Nominated Adviser & Sole Broker\n+44 (0) 203 829 5000\nJames Joyce / Andrew de Andrade\n \nThis announcement contains inside information for the purposes of Article 7 of the UK version of Regulation (EU) No 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended. Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain\n \n \n1. Introduction\nWe refer to the announcement by the Company dated 11 September 2025 in relation to the Subscription (the \"Announcement\"). Unless otherwise defined herein, capitalised terms used herein shall have the same meaning as used in the Announcement.\n \nThe Board is pleased to announce the Subscription was completed on 17 September 2025 and is now seeking shareholder approval in relation to certain matters connected with the Subscription as explained further below.\n \nFollowing the Subscription, the Board is pleased to announce that it is proposing to change its investing policy in order to enable the Company to invest in mid / late-stage technology investments with a primary focus on long-term capital gain generation.\n \n2. ...