We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Life Settlement Assets Plc | LSE:LSAA | London | Ordinary Share | GB00BF1Q4B05 | ORD SHS USD0.01 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.625 | 1.50 | 1.75 | 1.625 | 1.625 | 1.625 | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Trust,ex Ed,religious,charty | 8.85M | 599k | 0.0120 | 135.00 | 80.72M |
TIDMLSAA TIDMLSAB TIDMLSAD TIDMLSAE
RNS Number : 2333L
Life Settlement Assets PLC
29 April 2020
Life Settlement Assets PLC
LEI: 2138003OL2VBXWG1BZ27
Results of General Meeting and Ordinary Share Class Meetings
Life Settlement Assets PLC (the "Company") today announces the results of the General Meeting and the Class Meetings (the "Meetings") the details of which were set out in the circular to Shareholders published by the Company on 2 April 2020 (the "Circular").
Result of Meetings
T he Company is pleased to announce that at the General Meeting and Class Meetings for Class A, D and E Ordinary Shares held on 28 April 2020, each of the Special Resolutions proposed in the circular were duly passed on a poll.
The votes cast in the poll were as follows:
Votes Votes Votes For Against Withheld Resolution General Meeting 1 37,743,702 7,546,874 2,147,997 (83.34%) (16.66%) Resolution General Meeting 2 37,743,702 7,546,874 2,147,997 (83.34%) (16.66%) Resolution General Meeting 3 37,743,702 7,546,874 2,147,997 (83.34%) (16.66%) Resolution Class Meeting 1 24,882,749 7,546,874 2,147,997 A Ordinary Shares (76.73% (23.27%) Class Meeting Resolution 8,792,561 Nil Nil 1 D Ordinary (100%) Shares Class Meeting Resolution 1,551,761 Nil Nil 1 E Ordinary (100%) Shares
Following the approval of Shareholders of all resolutions the Company will re-designate Class D and E Ordinary Shares as Class A Ordinary Shares and the assets and liabilities attributable to Class D and E Ordinary Shares will be attributed to the Class A Ordinary Shareholders in accordance with the Circular.
An application has been made to the London Stock Exchange for the suspension of the D Ordinary Shares and the E Ordinary Shares to be effective from 7:30 a.m. on 29 April 2020.
All capitalised terms in this announcement have the meaning given to them in the Circular, unless otherwise defined herein.
Expected timetable
2020 Calculation Date 30 April ----------------------- Record Date for the entitlement of D Close of business on Ordinary Shareholders and E Ordinary 30 April Shareholders to their new holdings of A Ordinary Shares. ----------------------- CREST accounts credited for revised 5 May holdings of new A Ordinary Shares. ----------------------- Expected despatch of share certificates Week commencing 11 May for holdings of new A Ordinary Shares. -----------------------
Notes:
Each of the times and dates in the above timetable is subject to change and may be extended or brought forward without further notice. The Company will notify investors of any such changes to these times and dates by making an announcement via a Regulatory Information Service.
References to times are to London times unless otherwise stated
Enquiries:
Life Settlement Assets PLC
Michael Baines (Chairman)
020 7258 5990
Acheron Capital Limited (Investment Manager)
Jean-Michel Paul
020 7258 5990
Shore Capital (Financial Adviser and Broker)
Robert Finlay
020 7601 6115
ISCA Administration Services Limited
Company Secretary
Tel: 01392 487056
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
ROMKKFBDFBKDNQB
(END) Dow Jones Newswires
April 29, 2020 02:00 ET (06:00 GMT)
1 Year Life Settlement Assets Chart |
1 Month Life Settlement Assets Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions