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THAL Thalassa Holdings Limited

24.50
0.00 (0.00%)
Last Updated: 07:45:38
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Thalassa Holdings Limited LSE:THAL London Ordinary Share VGG878801114 ORD SHS USD0.01 (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 24.50 23.00 26.00 24.50 24.50 24.50 0.00 07:45:38
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Oil & Gas Field Services,nec 296k -1.45M -0.1825 -1.34 1.95M

Thalassa Holdings Limited Result of General Meeting (7842Z)

19/12/2017 10:44am

UK Regulatory


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TIDMTHAL

RNS Number : 7842Z

Thalassa Holdings Limited

19 December 2017

Thalassa Holdings Ltd

(Reuters: THAL.L, Bloomberg: THAL:LN)

("Thalassa", "THAL" or the "Company")

Result of General Meeting

Thalassa held a General Meeting today at 11am CET. The resolution to approve the sale of the assets of WGP Group Ltd and the proposed investment in Autonomous Robotics Ltd set out in the Notice of General Meeting sent to shareholders dated 1 December 2017 was duly passed unanimously.

Details of the sale of the assets of WGP Group Ltd are set out in the circular sent to shareholders on 1 December 2017. The board of Thalassa anticipates completion of this transaction at the year end, subject to satisfaction of a number of conditions precedent. The proposed investment in Autonomous Robotics Ltd is expected to be concluded by no later than 31 March 2018.

Duncan Soukup, chairman of Thalassa, said: "Although it is heartening to receive the unanimous support of those shareholders who voted, it is tempered by the fact that only fourteen shareholders, excluding the Company's directors, voted.

The board take this opportunity to thank the employees of WGP Group Ltd for all their hard work over the years and wish them every success under new ownership."

Investor Enquiries:

Thalassa Holdings Ltd

Duncan Soukup, Chairman +33 (0)6 78 63 26 89

WH Ireland Limited (Nominated Adviser and Broker)

      Chris Fielding, Head of Corporate Finance                                 +44 (0)207 220 1650 

www.thalassaholdingsltd.com

Note to Editors:

Thalassa Holdings Ltd, incorporated and registered in the BVI and quoted on AIM, is a holding company with various interests across a number of industries.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

December 19, 2017 05:44 ET (10:44 GMT)

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