EGM Update

 

TIDMPANC 
 
RNS Number : 6735U 
Panceltica Holdings Limited 
29 June 2009 
 

For immediate release on 29 June 2009 
 
 
Panceltica Holdings Limited (the "Company") 
EGM Update 
The Company announces that Strategic Partner Limited which has requisitioned the 
EGM of the Company to be held on the 02 July 2009 ("the EGM) has proposed that 
Mr Faisal Bin Juma Belhoul and Mr Ranjit Suryaji Bhonsle be appointed as 
directors of the company at the EGM. 
Both Mr Faisal Bin Juma Belhoul and Mr Ranjit Suryaji Bhonsle are partners in 
Ithmar Capital which owns the general partner of Ithmar Fund II LP which is an 
owner of Strategic Partner Limited which holds a 26.46% interest in the Company. 
Mr Faisal Bin Juma Belhoul was previously a director of the Company prior to his 
resignation on 30 April 2009. 
In addition Mr Hameed Mustafawi (one of the directors proposed to be removed 
from office pursuant to the requisition) has nominated himself for re election. 
A copy of this announcement will shortly be available from the Company's website 
(www.panceltica.com). 
 
 
David Ball, CEO                                                            Tel: 
[phone] 
Patrick Mitchell, Company Secretary 
 
Blomfield Corporate Finance Limited, Nominated Adviser    Tel: [phone] 
4500 
Toby Howell / Peter Trevelyan-Clark 
 
Religare Hichens, Harrison & Co. plc, Broker                        Tel: +44 
(0)20 7382 4450 
Daniel Briggs / Nicholas Malins-Smith 
 
Buchanan Communications                                                  Tel: 
[phone] 
Mark Edwards / Jeremy Garcia 
 
 
Computershare, Registrars                                   Tel: [phone] 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
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