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MPAC Mpac Group Plc

430.00
0.00 (0.00%)
23 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Mpac Group Plc LSE:MPAC London Ordinary Share GB0005991111 ORD 25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 430.00 425.00 435.00 430.00 428.50 430.00 9,157 08:00:11
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Special Industry Machy, Nec 114.2M 2.7M 0.1319 32.60 88.04M

Molins PLC Proposed name change and notice of General Meeting (8574A)

03/01/2018 12:28pm

UK Regulatory


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TIDMMLIN

RNS Number : 8574A

Molins PLC

03 January 2018

3rd January 2018

MOLINS PLC

Proposed name change and notice of General Meeting

Molins plc announces that a circular convening a General Meeting of Molins plc (the "Company") will be sent to shareholders today and made available to view on the Company's website at www.molins.com. The meeting will be held on 22 January 2018 at 11.00 a.m. at the offices of Panmure Gordon, One New Change, London, EC4M 9AF (the "General Meeting"). The purpose of this meeting is to consider and, if deemed appropriate, to approve a resolution to change the name of the Company to "Mpac Group plc".

As previously announced on 8 June 2016 (the "Announcement"), as part of the sale by the Company of the Instrumentation & Tobacco Machinery business (as defined in the Announcement) to G.D S.p.A, the Company agreed to transfer the name "Molins" to MPRD Limited which means that the Company is required to change its name and remove all associated "Molins" branding.

As a result, the Company initiated a process to identify a new corporate name aligned to its new strategic direction. Mpac Group plc was chosen as it is a name grounded in our business's rich heritage and which looks forward to our future as a world leading end-to-end packaging machinery provider.

Directors' recommendation

Your directors consider that the resolution to be proposed will promote the success of the Company for the benefit of its shareholders as a whole. Accordingly, your directors unanimously recommend that shareholders vote in favour of the resolution, as they intend to do in respect of their own beneficial holdings.

For further information, please contact:

 
 Molins PLC                             Tel: +44 (0)1908 
  Tony Steels, Chief Executive           246870 
  Jim Haughey, Group Finance Director 
 
  Panmure Gordon (UK) Limited (NOMAD) 
  Andrew Potts / Peter Steel -           Tel: +44 (0)20 
  Corporate Finance                      7886 2500 
  James Stearns - Corporate Broking 
 Hudson Sandler                         Tel: +44(0)20 
  Nick Lyon                              7796 4133 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

NOGBJMTTMBTMBAP

(END) Dow Jones Newswires

January 03, 2018 07:28 ET (12:28 GMT)

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