Change of Name and Notice of EGM

RNS Number : 6001X

MartinCo PLC

23 February 2017

 

MARTINCO PLC

(the "Company" or the "Group")

Change of Name and Notice of EGM

The Company has posted a circular to shareholders, proposing to change the name of the Company from 'MartinCo plc' to 'The Property Franchise Group plc'. The Board believes that 'The Property Franchise Group plc' recognises the Group's strategic success in developing from a single franchisor to a multi franchisor of residential sales and lettings agents and, therefore, more accurately reflects the main business of the Group. The Company's TIDM MCO will change to TPFG upon the change becoming effective. The Company's ISIN GB00BH0WFH67 will remain unchanged.

The proposed change of name requires approval from shareholders by way of a special resolution, which will be proposed at an Extraordinary General Meeting, to take place at the offices of MartinCo plc: 2 St Stephen's Court, St Stephen's Road, Bournemouth, Dorset BH2 6LA at 11.00am on 16 March 2017 (the "EGM").

The Board unanimously recommends that all shareholders vote in favour of the resolution to be proposed at the EGM, as they intend to do in respect of their own beneficial shareholdings.

For further information, please contact:

MartinCo PLC                                                        01202 292829

Ian Wilson, Chief Executive Officer

David Raggett, Chief Financial Officer

Cenkos Securities plc                                            0207 397 8925

Max Hartley(Nomad), Alex Aylen (Sales)

Bell Pottinger                                                         020 3772 2500

David Rydell, Henry Lerwill

 

END

 

 

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