ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

EPE Europasia

3.00
0.00 (0.00%)
17 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Europasia LSE:EPE London Ordinary Share GB00B0N9QD87 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 3.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Result of AGM and Name Change

25/07/2007 5:06pm

UK Regulatory


RNS Number:8677A
Europasia Education PLC
25 July 2007

25 July 2007

                            EUROPASIA EDUCATION PLC
                        RESULT OF ANNUAL GENERAL MEETING
                           AND CHANGE OF COMPANY NAME



Aim-listed EuropaAsia Education plc ("the Company") announces that at today's
Annual General Meeting ("AGM") all resolutions were duly passed. As a result
the company will now change its name to Commodity Growth plc, in line with the
change in investment strategy approved by shareholders at the AGM.

The Company will concentrate on investing in businesses that are involved in
rare commodities, commodities trading and specialist materials, particularly
those used in the energy and environment sectors.

It will initially look to invest in companies involved in molybdenum, which is
used as an alloying agent in a number of industries including aerospace, oil and
gas exploration, nuclear reactors and refineries.

As approved at the AGM, the Company will look to dispose of its existing
education assets to realise value for investing under the new strategy.

Recently appointed Chief Executive, Benson Day, said: "I am delighted by the
strong support shown by shareholders for the change in investment strategy.  We
have already begun to work on a number of exciting opportunities in the
molybdenum sector in China. We have chosen molybdenum as our first commodity
to focus on, as our research shows there will be a significant increase in
demand for it due to a combination of economic growth in China, the limited
number of current suppliers and producers, as well as increased demand for
stainless steel, chemicals, catalysts and super-alloys worldwide.

"The Company intends to take advantage of the commodities super-cycle, driven by
the strong growth identified by its research. We will use our cash and listed
paper to acquire molybdenum physical stocks, companies and businesses initially
focusing on China where we have already identified potential investments".



For further information see www.commoditygrowth.com, or contact:

James Holmes,                Paul Quade                     Nandita Sahgal
Chairman                     City Road Communications       Insinger de Beaufort
EuropAsia Education plc      020 7248 8010                  Tel: 020 7190 7000
020 7231 0282










                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

RAGBLGDRDGDGGRU

1 Year Europasia Education Chart

1 Year Europasia Education Chart

1 Month Europasia Education Chart

1 Month Europasia Education Chart