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WTS World Trade Systems Plc

2.50
0.00 (0.00%)
23 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
World Trade Systems Plc LSE:WTS London Ordinary Share GB0031939183 ORD 50P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 2.50 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

World Trade Systems PLC NOTICE OF CIRCULAR AND DEED OF WAIVER (4350L)

18/07/2017 5:55pm

UK Regulatory


World Trade Systems (LSE:WTS)
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TIDMWTS

RNS Number : 4350L

World Trade Systems PLC

18 July 2017

18 July, 2017

WORLD TRADE SYSTEMS PLC

PUBLICATION OF CIRCULAR, NOTICE OF GENERAL MEETING AND DEED OF WAIVER

The Company announces that a General Meeting of the members has been called on 4(th) August 2017, 11 am at St Mary's Court, The Broadway, Amersham, HP7 0UT. For the purpose of ratifying all unapproved related party transactions (the "Transactions") between the Company and its former majority shareholder, Kudrow Finance Limited ("Kudrow"). The Transactions consist of loans (the "Loans") either made or assumed by Kudrow during the period 2004 to 2016, when the Company had no operating income and was dependent on Kudrow for all its working capital needs.

In addition, Kudrow has agreed to waive all outstanding interest on the Loans and has executed a Deed of Waiver dated 17 July, 2017, which is available on the Company's web-site along with the Circular published today including the notice of General Meeting. www.worldtradesystemsplc.com

This announcement has been determined to contain inside information.

Enquiries: AKM Ismail

Executive Director

akm.ismail@gmail.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

NOGBLGDRBUBBGRI

(END) Dow Jones Newswires

July 18, 2017 12:55 ET (16:55 GMT)

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