Business
Notice of General Meeting
Zegona Communications plc has announced a General Meeting on December 22, 2025, to approve a capital allocation proposal aimed at repaying the Vodafone Financing in full and reducing the share count by 69% through the deferral and cancellation of 523 million Zegona Shares held by EJLSHM Funding. The proposed resolutions include approving the creation of a class of Deferred Shares, waiving the six-month notice for cancellation of the EJLSHM Funding shareholding, and approving the buyback and cancellation of these Deferred Shares. Disclaimer*
About this update from Zegona Communications Plc
[{"type":"text","content":"\n\n\n\n\n\n27 November 2025\n\n\nLEI: 213800ASI1VZL2ED4S65\n\n\n\n\nZegona Communications plc\nNotice of General Meeting\nFollowing the announcement of Zegona's capital allocation proposal earlier today, Zegona has convened a General Meeting (\"GM\") at 9.00 a.m. on Monday 22 December 2025 to pass the resolution required to be able to implement that policy. A Circular to Shareholders (the \"Circular\") containing the Notice of GM has been posted today. \nCapitalised terms that are not defined in this announcement have the meanings given to them in the Circular.\nGeneral Meeting\nDetails of the Resolution to be put forward at the GM are set out in the Circular and include the following matters required to repay the Vodafone Financing from the acquisition of Vodafone Spain in full, and facilitate the reduction in share count by 69% by deferring and cancelling the 523m Zegona Shares held by EJLSHM Funding:\n1. Subject to the redemption of the Preference Shares of EJLSHM Funding, approving the creation of a class of Deferred Shares in respect of the Zegona Shares held by EJLSHM Funding under the Vodafone Financing arrangements;\n2. Waiving the requirement for six months' notice of the cancellation of the EJLSHM Funding shareholding; and\n3. Approving the buyback and cancellation of the Deferred Shares.\n \nNational Storage Mechanism\nA copy of the Notice of General Meeting has been submitted to the National Storage Mechanism and will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism.\nA copy of the Notice of General Meeting is also available on the Company's website at: https://www.zegona.com.\nFurther copies of the Circular may be obtained, free of charge, from the registered office of the Company.\n\n\n\n\nFor investor enquiries:\n\n\nFor media enquiries:\n\n\n \n\n\n\n\nAlfonso Enríquez\n\n\nJaime De Andres\n\n\nTilly Abraham (Sodali & Co)\n\n\n\n\[email protected]\n\n\[email protected]\n\n\[email protected]\n\n\n\n\n \nAbout Zegona \nZegona is publicly listed on the Main Market of the LSE. It was established in 2015 with the objective of investing in businesses in the European Telecommunications, Media and Technology sector and improving their performance to deliver attractive shareholde...