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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
DQ Entertain. | LSE:DQE | London | Ordinary Share | IM00B28Y2V20 | ORD 0.1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.125 | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMDQE
RNS Number : 1966P
DQ Entertainment PLC
16 February 2016
16 February 2016
DQ Entertainment plc ("DQE" or the "Company")
Requisition of General Meeting
The Board of DQE, a leading animation, gaming, live action entertainment production and distribution company, announces that, further to the announcements on 27 October 2015 and 3 February 2016 regarding the requisition of general meeting of the Company to propose resolutions to appoint Anil Chintapalli and Suresh Chitturi as directors of the Company (the "First Requisition Resolutions"), the Company has received an additional letter from Platinum Consulting Group, Anil Chintapalli and Corporate Computer Services (collectively the "Requisitioners") regarding an additional requisition for DQE to convene a general meeting of the Company to propose resolutions to remove Ms Rashida Adenwala and Mr Srinivasa Sundar as directors of the Company with immediate effect (the "Second Requisition Resolutions"). The Requisitioners' letter requests the Company to convene a general meeting to propose both the First Requisition Resolutions and the Second Requisition Resolutions.
The Requisitioners' letter informed the Company that between them the Requisitioners hold approximately 51.78% of the voting rights of the Company.
The Company is seeking legal advice on the matter and will make further announcements in due course.
Enquiries:
DQ Entertainment plc Tel: +91 40 235 Tapaas Chakravarti - Chairman 53726 and CEO Rashida Adenwala - Director Finance & Investor Relations Allenby Capital Limited Tel: +44 (0)20 Jeremy Porter / Alex Brearley 3328 5656 Buchanan Tel: +44 (0)20 Mark Edwards/Robbie Ceiriog-Hughes 7466 5000
- Ends -
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCTFMLTMBBBMIF
(END) Dow Jones Newswires
February 16, 2016 04:16 ET (09:16 GMT)
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