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 monitor Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.

MCC Monchhichi

39.50
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Monchhichi LSE:MCC London Ordinary Share GB00B979BX21 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% 39.50 39.00 40.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Mercom Capital Plc Result of AGM and issue of bonus warrants (4626T)

05/01/2017 12:15pm

UK Regulatory


Monchhichi (LSE:MCC)
Historical Stock Chart


From May 2019 to May 2024

Click Here for more Monchhichi Charts.

TIDMMCC

RNS Number : 4626T

Mercom Capital Plc

05 January 2017

5 January 2017

Mercom Capital Plc

(the "Company")

Result of AGM and issue of bonus warrants

The Company is pleased to announce that, at the Annual General Meeting of the Company held earlier today, all the resolutions (other than resolution 2 which was withdrawn) were duly passed.

In addition, further to the announcement of 21 December 2016 and pursuant to a resolution of the board of directors, the Company has determined to create and issue up to 9,350,443 warrants, each warrant entitling the holder thereof to subscribe for one Ordinary Share of 0.1p in the capital of the Company ("Ordinary Shares") at a price of 80p per Ordinary Share exercisable at any time until the final subscription date of 24 August 2017 (the "2017 Bonus Warrants"). As previously announced, the record date for the 2017 Bonus Warrants is 5pm today 5 January 2017.

No application is being made for the 2017 Bonus Warrants to be traded on AIM or any other public market although warrants are transferable under the terms of the Warrant Instrument. If any of the warrants remain unexercised after the final subscription date, they will expire.

A copy of the Warrant Instrument, which contains provisions typically found in such instruments, including those relating to the adjustment of the terms of the warrants, protections for holders of warrants and the procedures for the modification of the rights of the warrants, will be available to download from the Company's website (www.mercomcapital.co.uk).

The 2017 Bonus Warrants will not be CREST enabled.

Warrant certificates in respect of 2017 Bonus Warrant entitlements are expected to be despatched to qualifying shareholders within 7 days.

The issue of the 2017 Bonus Warrants will not be extended to, and the 2017 Bonus Warrants will not be issued to and may not subsequently be exercisable by, US persons. Qualifying shareholders who are in any doubt about the implications of the 2017 Bonus Warrants on their personal tax position should consult their professional adviser.

General Meeting

The Company will be posting a circular to shareholders as soon as possible convening a General Meeting to approve a new investing policy, a change in the Company's name and certain other matters.

The information contained within this announcement is deemed by the Company to constitute inside information under the Market Abuse Regulation (EU) No. 596/2014.

Enquiries:

 
 Mercom Capital Plc 
  Simon Fry                    +44 (0) 20 7466 5000 
 Northland Capital Partners 
  Limited 
  Nominated Adviser and 
  Broker 
  Edward Hutton / Matthew 
  Johnson                      +44 (0) 20 3861 6625 
 Buchanan Communications 
  Financial communications 
  consultants 
  Richard Oldworth             +44 (0) 20 7466 5000 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

RAGEAAFSEFAXEFF

(END) Dow Jones Newswires

January 05, 2017 07:15 ET (12:15 GMT)

1 Year Monchhichi Chart

1 Year Monchhichi Chart

1 Month Monchhichi Chart

1 Month Monchhichi Chart

Your Recent History

Delayed Upgrade Clock