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 |
---|---|---|---|---|---|
Circle Property Plc | LSE:CRC | London | Ordinary Share | JE00BYP0CK63 | ORD NPV |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 3.50 | 3.00 | 4.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMCRC
RNS Number : 9078T
Circle Property PLC
22 March 2023
22 March 2023
Circle Property Plc
("Circle" or the "Company")
Results of Extraordinary General Meeting
Circle Property plc (AIM: CRC), is pleased to announce that all three of the resolutions ("Resolutions") put to shareholders at the Company's Extraordinary General Meeting held today were duly passed.
All the Resolutions were proposed as special resolutions and all votes were by poll vote where proxies were cast.
The votes received in respect of each of the Resolutions were as follows:
Resolution For % Against % 1 - To approve the disposal of Concorde Park, Maidenhead ("Concorde Park") (the "Disposal") 16,317,494 100 40 0.00 ----------- ------ -------- ----- 2 - To approve the future (but not yet agreed) sale of 300 Pavilion Drive, Northampton ("300 Pavilion Drive") 16,312,680 99.97 4,854 0.03 ----------- ------ -------- ----- 3 - Conditional upon Resolution 1 above, to approve the proposed cancellation of the Company's Ordinary Shares from trading on AIM ("Cancellation") 16,298,814 99.89 18,720 0.11 ----------- ------ -------- -----
Following the passing of the Resolutions, the Company expects the Disposal and the disposal of Victory House, 400 Pavilion Drive, Northampton ("Victory House") to complete by the end of March 2023, following which the Company expects to make a second Return of Capital in April 2023 through a B Share Issue.
As previously announced, given that the Board wishes to complete the Returns of Capital whilst the Ordinary Shares remain traded on AIM (although noting that this is dependent on the timing of any sale of 300 Pavilion Drive and the Board keeping this under review noting the costs associated with maintaining a quotation on AIM), the definitive timetable in relation to Cancellation is dependent on timing of the receipt of completion monies from disposals and the timing of the proposed Returns of Capital to Shareholders. Assuming completion of the Disposal, the disposal of Victory House and Returns of Capital in March and April 2023, it is expected that Cancellation will occur in May 2023. Further announcements will be made, as appropriate.
Enquiries:
+44 (0)20 7930 Circle Property Plc 8503 John Arnold, CEO Edward Olins, COO +44 (0)20 7397 Cenkos Securities plc 8900 Katy Birkin George Lawson Radnor Capital Joshua Cryer +44 (0)20 3897 Iain Daly 1830 +44 (0)20 3757 Camarco 4980 Ginny Pulbrook Toby Strong
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
REGEASDAALDDEFA
(END) Dow Jones Newswires
March 22, 2023 12:15 ET (16:15 GMT)
1 Year Circle Property Chart |
1 Month Circle Property 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