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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Pme African Infrastructure Opportunities Plc | LSE:PMEA | London | Ordinary Share | IM00B1WSL611 | ORD 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% | 0.03 | 0.01 | 0.05 | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMPMEA
RNS Number : 0616V
PME African Infrastructure Opps PLC
29 November 2019
29 November 2019
PME African Infrastructure Opportunities plc
("PME" or the "Company")
(AIM: PMEA.L)
AGM Statement
At the Company's Annual General Meeting today, Paul Macdonald, PME's Chairman, will make the following statement:
"As disclosed in PME's recently published Interim Results, we have continued our efforts to register the intercompany loan with the Bank of Tanzania in order to have the freedom to repatriate funds out of Tanzania. This process has continued to be time consuming with no conclusion reached so far but we remain optimistic that the process can be concluded in the near future. As a result and as announced earlier today, the Company has put in place an additional loan facility of EUR200,000 in order to meet its near-term funding needs. As indicated previously, we have been progressing our review of the de-listing of PME's shares from the AIM market and anticipate publishing proposals in this regard in December 2019."
For further information please contact:
Cenkos Securities plc +44 20 7397 8900
Nominated Adviser
Azhic Basirov / Ben Jeynes
Stifel Nicolaus Europe Limited +44 20 7710 7600
Broker
Neil Winward / Tom Yeadon
The information communicated within this announcement was deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 prior to the release of this announcement. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
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
AGMBPBRTMBMTBBL
(END) Dow Jones Newswires
November 29, 2019 06:00 ET (11:00 GMT)
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