New City Energy Limited New City Energy Ltd : Recommended Proposals For The Summary Winding-Up Of The Company And Notice Of E...

 
TIDMNCE 
 
 
   17 February 2017 
 
   New City Energy Limited ("NCE" or the "Company") 
 
   Recommended Proposals for Summary Winding-Up of the Company and Notice 
of Extraordinary General Meeting 
 
   As previously announced on 14 December 2016 the Board of Directors has 
decided that it would be in the best interests of Shareholders to 
propose that the Company be wound up and that the Company's surplus 
assets (after full provision for liquidation costs) be distributed in 
cash to Shareholders. 
 
   The requisite resolutions will be proposed at an Extraordinary General 
Meeting of the Company on Tuesday 7 March 2017 at 2 p.m. 
 
   A circular to Shareholders containing details of the proposals and 
containing the notice of the Extraordinary General Meeting will be 
posted to Shareholders today and is also attached to this announcement. 
 
   Enquiries: 
 
 
 
 
Contact                                            Telephone 
Sue Inglis - Cantor Fitzgerald                   020 7894 8016 
Craig Cleland - New City Investment Managers     020 7201 5368 
Lisa Neil - R&H Fund Services (Jersey) Limited    01534 825336 
 
 
 
   EGM Form of proxy: http://hugin.info/140891/R/2075956/783103.pdf 
   NCE Winding Up Circular: http://hugin.info/140891/R/2075956/782962.pdf 
 
   This announcement is distributed by Nasdaq Corporate Solutions on behalf 
of Nasdaq Corporate Solutions clients. 
 
   The issuer of this announcement warrants that they are solely 
responsible for the content, accuracy and originality of the information 
contained therein. 
 
   Source: New City Energy Ltd via Globenewswire 
 
 
 
 

(END) Dow Jones Newswires

February 17, 2017 11:00 ET (16:00 GMT)

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