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PDE Pennine Down

0.00
0.00 (0.00%)
Share Name Share Symbol Market Type Share ISIN Share Description
Pennine Down LSE:PDE London Ordinary Share GB0009365254 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Increased auth share capital

15/08/2001 8:00am

UK Regulatory


RNS Number:5117I
Pennine Downing Ethical VCT PLC
14 August 2001

PENNINE DOWNING ETHICAL VCT plc

CIRCULAR RE PROPOSED INCREASE IN THE AUTHORISED SHARE CAPITAL AND GRANT OF
AUTHORITY TO ISSUE ORDINARY SHARES OF 5p EACH

The Directors announce proposals to increase the Company's authorised share
capital and to grant the Directors authority to issue further ordinary shares.


It is proposed to increase the authorised share capital by #100,000 (being
2,000,000 ordinary shares of 5p each) to #650,000 comprising 13,000,000
ordinary shares of 5p each. Subject to shareholders' approval of the proposed
increase in authorised share capital, the Directors propose to seek authority
to allot up to 1,000,000 ordinary shares of 5p each for cash.

The proposals are subject to approval by shareholders in an Extraordinary
General Meeting.  A circular is being sent to shareholders setting out the
background to the proposals and containing Notice of the Extraordinary General
Meeting, to be held on 5th September 2001.

1 Year Pennine Down Chart

1 Year Pennine Down Chart

1 Month Pennine Down Chart

1 Month Pennine Down Chart

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