Scirocco Energy PLC Requisition of General Meeting
06 Febrero 2024 - 1:00AM
RNS Regulatory News
RNS Number : 0955C
Scirocco Energy PLC
06 February 2024
6
February 2024
Scirocco
Energy plc
("Scirocco Energy" or "the Company")
Requisition of General Meeting
Scirocco Energy (AIM: SCIR), the AIM
investing company targeting attractive assets within
the European sustainable energy and circular economy markets,
announces that it has received a letter dated 2 February 2024
from Forest Nominees Limited - which is the legal holder of
78,978,978 shares in the Company which are held as nominee on
behalf of G.P. (Jersey) Limited - requesting the Company to convene
a general meeting of the Company's shareholders pursuant to section
303 of the Companies Act 2006 (the "Act").
The Company can confirm it is
subject to the requirement pursuant to section 304 of the Act to
call a general meeting within 21 days of receipt of a valid
requisition (such validity having been confirmed yesterday) and to
hold such a general meeting on a date not more than 28 days after
the date of the notice convening such general meeting.
The board of directors intends to
comply with its obligations in accordance with section 304 of the
Act and a circular convening the general meeting will be posted to
Shareholders no later than 23 February 2024.
The single proposed resolution
relates to a request for the Directors to put in place a strategy
to distribute cash proceeds from the sale of assets to
shareholders. The full text of the above proposed resolution will
be set out in the circular.
As previously stated, the Board
continues its review of a range of potential alternatives available
to it by which it is able to deliver value to Shareholders, which
may include the distribution of available cash, further investments
in line with its investing policy and/or the deployment of the
proceeds in pursuit of a reverse takeover transaction. The
circular will contain an update on the
board's review of these strategic options and voting
recommendation.
Shareholders are advised to take no
action at this time. Further announcements will be made in due
course.
For further
information:
Scirocco Energy plc
Tom Reynolds, CEO
|
+44 (0)20 7466 5000
|
|
Strand Hanson Limited, Nominated Adviser
Ritchie Balmer / James Spinney /
Robert Collins
|
+44 (0) 20 7409 3494
|
WH
Ireland Limited, Broker
Harry Ansell / Katy
Mitchell
|
+44 (0) 207 220 1666
|
Buchanan, Financial PR
Ben Romney / Barry Archer / George
Pope
|
+44 (0)20 7466 5000
|
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.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our
Privacy
Policy.
END
MSCEAAASEFALEAA
Scirocco Energy (LSE:SCIR)
Gráfica de Acción Histórica
De Mar 2024 a Abr 2024
Scirocco Energy (LSE:SCIR)
Gráfica de Acción Histórica
De Abr 2023 a Abr 2024