We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Bens Creek Group Plc | LSE:BEN | London | Ordinary Share | GB00BP814F22 | ORD 0.1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.175 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Bitmns Coal,lignite Surf Mng | 42.21M | -24.17M | -0.0604 | -0.03 | 679.79k |
23 April 2024
Bens Creek Group plc
("Bens Creek", the "Company" or the "Group")
Requisition of General Meeting
Bens Creek Group plc (AIM:BEN), the owner of a metallurgical coal mine in North America supplying the steel industry, announces that it has received correspondence on 20 April 2024 from MBU Capital Group Limited ("MBU") requesting the Company to convene a general meeting (the "GM") of the Company's shareholders pursuant to section 303 of the Companies Act 2006 (the "Act"). MBU are the Company's second largest shareholder and, as per the Company's announcement of 8 August 2023, is interested in 88,278,149 shares in the Company, representing 22.08% of the Company's current issued share capital.
The Company intends to comply with its obligations under the Act and a circular convening the GM will be posted to the Company's shareholders in due course, and in any event no later than 13 May 2024.
MBU's correspondence states that the GM is to be convened to allow the Company's shareholders to discuss the operational and strategic challenges facing the Company at the present time. The Company's board continues to believe that the Chapter 11 cases commenced in the United States of America Bankruptcy Court for the Southern District of West Virginia in relation to its wholly owned US subsidiaries, Ben's Creek Operations WV LLC, Ben's Creek Carbon LLC and Ben's Creek Land WV LLC, are in the best interests of the Group.
Shareholders are advised to take no action at this time.
Further announcements will be made in due course.
For further information please contact:
Bens Creek Group plc +44 (0) 204 558 2300
Adam Wilson, CEO
Peter Shea, Chief of Staff
Allenby Capital Limited (Nominated Adviser and Joint Broker) +44 (0) 203 328 5656
Nick Athanas / Nick Naylor / George Payne (Corporate Finance)
Kelly Gardiner / Guy McDougall (Sales and Corporate Broking)
WH Ireland Limited (Joint Broker)
Harry Ansell / Katy Mitchell +44 (0) 207 220 1666
1 Year Bens Creek Chart |
1 Month Bens Creek Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions