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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Bglobal | LSE:BGBL | London | Ordinary Share | GB00B1VLV059 | 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% | 2.25 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMBGBL
RNS Number : 5000M
Bglobal PLC
16 July 2014
Bglobal plc ('Bglobal' or the 'Company')
Irrevocable Undertaking
Further to the announcement made on 10 July 2014 relating to the proposed return of capital to shareholders of 11 pence per ordinary share, the delisting, the change of name and notice of general meeting, Bglobal is pleased to announce that it has received an irrevocable undertaking from Peter Kennedy, the Company's largest shareholder, to vote in favour of the resolutions to be proposed at the general meeting of the Company on 30 July 2014.
Peter Kennedy's irrevocable undertaking is in respect of 25,150,814 ordinary shares in the Company representing 23.63 per cent of the issued share capital of the Company.
Following the receipt of this irrevocable undertaking, Bglobal has received irrevocable undertakings to vote in favour of the resolutions at the general meeting from Directors and certain other shareholders in respect of their shareholdings, amounting in aggregate to 47,987,184 ordinary shares representing 45.08 per cent of the issued share capital of the Company.
The general meeting to approve the proposed return of capital to shareholders of 11 pence per ordinary share, the delisting and the change of name will be held at the offices of Travers Smith LLP, 10 Snow Hill, London EC1A 2AL at 10.00 a.m. on 30 July 2014.
For further information, please contact:
John Grant, Executive Mark Taylor Rebecca Sanders-Hewett Chairman Laura White Dwight Burden Tim Jackson-Smith, CEO Charles Stanley Securities David Ison Bglobal plc Nominated Adviser and Redleaf Polhill Tel: 01254 819 600 Broker Tel: 020 7382 4730 Tel: 020 7149 6000
This information is provided by RNS
The company news service from the London Stock Exchange
END
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