12
August 2024
East Imperial
plc
("East Imperial" or the
"Company")
General Meeting and Creditors'
Meeting - Proposed appointment of Joint
Liquidators
Further to the Company's
announcement on 31 July 2024, East Imperial, the former global
purveyor of super-premium beverages, announces that the Board of
Directors met on 9 August 2024 and concluded that the necessary
steps be taken to place the Company into creditors' voluntary
liquidation.
Accordingly, it was resolved,
inter alia,
that:
1. a general
meeting of shareholders of the Company be convened to be held on 28
August 2024 at 9.00AM to consider and, if thought fit, pass as an
ordinary resolution that the Company be wound-up voluntarily, and
pass as a special resolution that David Rubin and Asher Miller of
Begbies Traynor (London) LLP be appointed as joint liquidators;
and
2. a meeting of
creditors be convened to be held on 28 August at 9.30 AM where
decisions will be sought from the creditors to decide on the
nomination of the joint liquidators and the basis of their
remuneration, and whether a liquidation committee be
established.
Both meetings will be held virtually
and formal notices of both meetings have been sent to each
respective shareholder and creditor of the Company.
The results of these meetings will
be announced on 28 August 2024.
This announcement contains inside information for the purposes
of Article 7 of the UK version of Regulation (EU) No 596/2014 which
is part of UK law by virtue of the European Union (Withdrawal) Act
2018, as amended ("MAR"). Upon the publication of this announcement
via a Regulatory Information Service, this inside information is
now considered to be in the public domain.
For
further information, please contact:
|
East Imperial plc
Anthony Burt
|
ST-Team@btguk.com
|
|
Allenby Capital Limited (Broker)
Guy McDougall / Matt Butlin (Sales
and Corporate Broking)
Jeremy Porter / Piers Shimwell
(Corporate Finance)
|
+44 (0)20 3328 5656
|
About East Imperial
Founded in New Zealand and Singapore
in 2012, the East Imperial Group produced a range of super-premium
mixers sold throughout APAC, the US and EMEA. Guided by a strategy
to capitalise on the growing demand for premiumisation across the
beverage industry, East Imperial has sold over 33 million bottles
in over 20 countries since its founding, with popular products
including Old World Tonic Water, Grapefruit Tonic Water, Yuzu Tonic
Water and Mombasa Ginger Beer. In 2023, East Imperial won 8 medals
at the coveted Tonic & Mixers Masters Competition in
London.
