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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Rurelec Plc | LSE:RUR | London | Ordinary Share | GB00B01XPW41 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.425 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Electric Services | 0 | -2.24M | -0.0040 | -1.05 | 2.36M |
TIDMRUR
RNS Number : 3657B
Rurelec PLC
01 June 2023
1 June 2023
Rurelec PLC
("Rurelec" or the "Company")
Result of General Meeting
Update on Potential Disposal
The Company confirms that at the General Meeting ("GM") held earlier today all resolutions were duly passed by shareholders. Full details of the voting are set out on the Company's website: https://www.rurelec.com/investors/proxy-results
Completion of the disposal of Rurelec's Argentinian Interests (as defined and detailed in the Company's announcement of 16 May 2023) is now only subject to the signing and filing of certain documents, including filings with the relevant Argentinian authorities. Accordingly, completion is anticipated to take place on or around 8 June 2023 ("Completion"). Further updates will be made at that time.
Following Completion the Company intends to pay a special dividend of 0.20p per share to shareholders on the register on a record date yet to be determined, the associated dividend timetable will be announced after Completion, in accordance with the Company's strategy to return capital to Shareholders.
For further information please contact:
Rurelec PLC W H Ireland (Nomad & Broker) Andy Coveney, Director Katy Mitchell Tel: 020 7549 2839/40 Tel: 020 7220 1666
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END
ROMNKDBPKBKDKAK
(END) Dow Jones Newswires
June 01, 2023 06:53 ET (10:53 GMT)
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