Extraordinary General Meeting

RNS Number : 2768R

LonZim PLC

28 April 2009

 



28 April 2009 

LonZim plc

('LonZim' or 'the Company')

Extraordinary General Meeting Requisition 

The Company announced on 22 April 2009 that it has been served by Pershing Nominees Limited on behalf of AMB Capital (Ireland) Limited ('AMB'), a company that has recently acquired 20.75% of the Company's issued share capital a requisition to convene an Extraordinary General Meeting ('EGM') of its shareholders. 

The Company has now received a revised requisition request from AMB to amend resolution 1 to clarify AMB's intention to sell the Company's investment portfolio. The new resolution 1 now reads as follows :

THAT the investment objective of the Company be amended to be: 'The investment objective of the Company is to manage the sale of the Company's investment portfolio and to maximise the return of invested capital to shareholders during the period ending on 31 December 2010'.' 

All other proposed resolutions remain as announced on 22 April 2009.

A circular convening the EGM, together with the Board's recommendations to shareholders, will be sent to shareholders of the Company in due course. 

ENQUIRIES

LonZim Plc                                                     [phone]

David Lenigas, Executive Chairman                    [phone]

Geoffrey White, Chief Executive Officer               [phone]

Emma Priestley, Executive Director                   [phone]

WH Ireland Ltd: NOMAD and Broker

James Joyce                                                   [phone]

Sarang Shah

Philip Haydn-Slater (Broker)

Pelham Public Relations

Charles Vivian                                                 [phone]

                                                                     [phone]

James MacFarlane                                          [phone]

                                                                     [phone]

 

END

 

 

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