Business
Result of AGM,Directorate Change,Director Dealings
Result of AGM,Directorate Change,Director Dealings.
About this update from Shuka Minerals Plc
[{"type":"text","content":"\n\n3 August 2023\nEdenville Energy Plc\n(\"Edenville\" or the \"Company\")\nResult of Annual General Meeting,\nDirectorate Change, Directors' Dealings and Issue of Equity\nEdenville Energy Plc (AIM: EDL), the AIM quoted company operating the Rukwa Coal Project in southwest Tanzania, is pleased to announce that all resolutions were passed at the Annual General Meeting (\"AGM\") of the Company held earlier today.\nAt the AGM, shareholders approved the proposed change of name to Shuka Minerals plc, which will be effective once relevant Companies House filings have been completed. A further announcement will made in due course.\nIn addition, further to the Company's announcement of 10 July 2023, Nicholas (Nick) von Schirnding, Non-Executive Chairman, has tendered his three months' notice to the Board and is resigning as Director and Non-Executive Chairman of the Company with effect from 31 October 2023.\nApplication has been made to the London Stock Exchange for Admission of the 17,860,000 Subscription Shares and the 3,500,000 Director Fee Shares, which is expected to occur, subject to receipt by the Company of proceeds for the Subscription Shares, at 8.00 a.m. on or around 11 August 2023. Following Admission, the total issued share capital of the Company with voting rights will comprise 60,219,861 Ordinary Shares. In addition, the Company has today issued the Director Warrants.\n\n\n\n\nInvestor\n\n\nSubscription Shares\n\n\nResultant shareholding\n\n\n% enlarged share capital\n\n\n\n\nQ Global Commodities Group\n\n\n10,586,598\n\n\n17,586,598\n\n\n29.20%\n\n\n\n\nGathoni Muchai Investments Ltd\n\n\n7,273,402\n\n\n11,773,402\n\n\n19.55%\n\n\n\n\n \n\n\n\n\nDirector\n\n\nDirector Fee Shares\n\n\nDirector Warrants\n\n\nResultant shareholding\n\n\n% enlarged share capital\n\n\n\n\nPaul Ryan\n\n\n2,000,000\n\n\n1,200,000\n\n\n2,013,382\n\n\n3.34%\n\n\n\n\nNoel Lyons\n\n\n1,500,000\n\n\n1,200,000\n\n\n1,517,000\n\n\n2.52%\n\n\n\n\nJason Brewer\n\n\n\n\n\n1,200,000\n\n\n\n\n\n\n\n\n\n\n \nDefined terms shall have the same meaning as in the Company's announcement on 10 July 2023, unless otherwise stated.\nFor further information please contact:\n\n\n\n\nEdenville Energy Plc\nJason Brewer - Executive Director\nNoel Lyons - CEO\n\n\n+254 (0)743 303075\nVia IFC Advisory\n \n\n\n\n\n \nStrand Hanson Limited\n(Financial an...