Regallia: EGM on 4/6 for redenomination of capital
9/4/2008 9:09
At the meeting held on April 8, 2008, the Board of Directors of Regallia Holdings & Investments Public Ltd decided to hold an Extraordinary General Meeting on Wednesday, June 4, 2008 at 4.00 pm at the Company’s registered office, 66 Makariou Avenue, Kronos Court, 4th floor, 1077 Nicosia. The EGM will propose the following ordinary resolution:
Ordinary Resolution
1. That the nominal capital of the Company, which stands at £1,500,000 divided into 30,000,000 ordinary shares of £0.05 each be redenominated into €2,700,000 divided into 30,000,000 ordinary shares of €0.09 each.
2. That each issued share of nominal value £0.05 each be redenominated into €0.09 each.
3. That the issued capital of the Company, which stands at £1,012,341.25 divided into 20,246,825 ordinary shares of £0.05 each be redenominated into €1,822,214.25 divided into 20,246,825 ordinary shares of €0.09 each.
4. Due to the fact that nominal value of the share has been rounded to €0.09 (from €0.085) and since the Company’s issued share capital has been increased with the sum of €92,526.53, the increase of the sum of €92,526.53 will be carried out with the capitalization of reserves.
Ordinary Resolution
1. That the nominal capital of the Company, which stands at £1,500,000 divided into 30,000,000 ordinary shares of £0.05 each be redenominated into €2,700,000 divided into 30,000,000 ordinary shares of €0.09 each.
2. That each issued share of nominal value £0.05 each be redenominated into €0.09 each.
3. That the issued capital of the Company, which stands at £1,012,341.25 divided into 20,246,825 ordinary shares of £0.05 each be redenominated into €1,822,214.25 divided into 20,246,825 ordinary shares of €0.09 each.
4. Due to the fact that nominal value of the share has been rounded to €0.09 (from €0.085) and since the Company’s issued share capital has been increased with the sum of €92,526.53, the increase of the sum of €92,526.53 will be carried out with the capitalization of reserves.
