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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Arena Events Group Plc | LSE:ARE | London | Ordinary Share | GB00BF0HYJ24 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 20.75 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMARE
RNS Number : 4770V
Arena Events Group PLC
14 April 2021
14 April 2021
ARENA EVENTS GROUP PLC
("Arena" or the "Company")
Results of General Meeting
Further to the announcement on 29 March 2021 regarding the conditional Subscription and Placing to raise GBP11 million (before expenses) at a price of 14 pence per share, the Company announces that all Resolutions put to Shareholders at today's General Meeting were duly passed.
An application has been made for the 53,800,345 Second Placing Shares and Second Subscription Shares to be admitted to trading on AIM, which is expected to take place at 8.00 a.m. on 15 April 2021.
Following Second Admission, the Company's issued share capital will comprise 326,282,261 ordinary shares, of which none are held in treasury. The above figure of 326,282,261 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the voting rights of the Company under the FCA's Disclosure Guidance and Transparency Rules.
Update on Aztec Shaffer acquisition
Further to the announcement on 7 April 2021, the sale hearing at the United States Bankruptcy Court for the Southern District of Texas is now expected to be held on 15 April 2021, with closing of NewCo's acquisition of Aztec Shaffer still expected to occur towards the end of April.
A further announcement regarding acquisition completion will be made in due course.
Defined terms in this announcement shall have the same meaning as those in the RNS release on 29 March 2021.
Details of the proxy votes received on each resolution by Arena's Registrar are set out below:
Resolution For & Against Withheld Total votes Discretionary cast Number % Number % Number of votes of votes of votes -------------------- ------------ ------ ----------- ------ ---------- ------------ Ordinary resolution to authorise the directors 1 to allot shares 184,573,062 99.99 10,000 0 .01 13,921 184,596,983 -------------------- ------------ ------ ----------- ------ ---------- ------------ Special resolution to authorise the directors to disapply pre-emption 2 rights 184,555,062 99.98 28,000 0.02 13,921 184,596,983 -------------------- ------------ ------ ----------- ------ ---------- ------------ Special resolution to authorise the directors to disapply pre-emption 3 rights 171,250,360 92.78 13,332,702 7.22 13,921 184,596,983 -------------------- ------------ ------ ----------- ------ ---------- ------------
Enquires:
Arena Events Group plc Via Alma PR Greg Lawless (CEO) +44(0)207 397 8900 Steve Trowbridge (CFO) Cenkos Securities (Nomad and Broker) Max Hartley, Max Gould (Corporate Finance) Julian Morse (Sales) Alma PR (Financial PR) John Coles, Josh Royston, Helena Bogle +44(0)203 405 0205
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(END) Dow Jones Newswires
April 14, 2021 07:26 ET (11:26 GMT)
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