Business
Notice of General Meeting
Notice of General Meeting.
About this update from Trafalgar Property Group Plc
[{"type":"text","content":"\n \nRNS Number : 0804I Trafalgar New Homes PLC 28 June 2013 \n \n\nTrafalgar New Homes PLC\n(\"Trafalgar New Homes\", the \"Company\" or \"Group\")\n \nNotice of General Meeting, posting of Circular, formalisation of director loan\nand Director participation in Placing\n \n \nNotice of general meeting and posting of Circular\n \nTrafalgar New Homes (ISDX:TRAF), the residential property developer operating in southeast England, announces that it has posted to shareholders a circular (the \"Circular\") convening a general meeting of the Company, to be held at the offices of Allenby Capital Ltd, 3 St. Helen's Place, London EC3A 6AB at 10.30 a.m. on 15 July 2013 (the \"General Meeting\"). \n \nThe General Meeting is being called to propose a number of matters, primarily in connection with the Company's proposal to cancel its admission to trading on the ISDX Growth Market and apply for admission to trading on AIM. Application will be made to the London Stock Exchange for the admission of the Company's entire issued and to be issued share capital to trading on AIM (\"Admission\"). A copy of the Circular and admission document published in connection with the proposed Admission is available on the Company's website, www.trafalgar-new-homes.co.uk.\n \nIn an announcement on 23 May 2013 the Company provided a trading update and announced its intention to seek admission to trading on AIM and withdraw from trading on the ISDX Growth Market. It has always been the Company's intention to move to AIM at an appropriate time and the Directors believe that the Company has made sufficient progress such that the move to AIM is now a logical next step for the Company. Since the reverse takeover of Combe Bank Homes in November 2011, trading in the Company's ordinary shares on the ISDX Growth Market has been minimal. The Directors believe that admission to AIM will assist the Company in attracting new investors, improving liquidity in its shares and raising additional capital when required. The Directors also believe that admission to AIM will enhance the profile of the Company and help to attract future acquisition opportunities as the Company seeks to expand.\n \nThe Directors are pleased to announce that in connection with Admission, the Company has raised £280,000 via a placing (\"Placing...