The Core Business plc
(the "Company")
AGM Statement, Approval of CVA, Appointment of New Directors
Issue of New Shares, Warrants and Convertible Loan Stock
and Change of Registered Office
23 March 2010
All resolutions were passed at today's Annual General Meeting ("AGM") of the
Company. These resolutions (for which detailed information can be found in the
Company's announcement of 26 February 2010) included:
· The approval of the Company Voluntary Arrangement ("CVA"). The CVA was
also approved at a meeting of the Company's creditors that was held immediately
prior to the AGM.
· The appointment of Nigel Weller and Leo Knifton as directors of the Company
and the resignation of the previous board.
· The change of the Company's name from The Core Business plc to Chalkwell
Investments plc. A separate announcement will be made once this change has been
recorded at Companies House and a change of name certificate issued.
· The capital reorganisation of the existing share capital.
· The issue of 410,607 new ordinary 0.1p shares, 3,239,697 warrants and
£81,646.71 of convertible unsecured loan stock 2015.
The Company's existing (post reorganisation) 42,247 ordinary 0.1p shares and
warrants will be restored from suspension from trading on AIM at 7.00am on 24
March 2010. An application has been made for the 410,607 new ordinary 0.1p
shares to be admitted to trading on AIM with effect from 29 March 2010. The ISIN
of The Core Business plc ordinary 0.1p shares is GB00B606VT57.
The Company's registered office will now be at:
Finsgate
5-7 Cranwood Street
London EC1V 9EE
And its AIM Rule 26 website can now be found at:
http://www.chalkwellinvestmentsplc.co.uk
ENDS
For further information, please contact:
The Core Business plc
Nigel Weller, Director 07769 906 906
Religare Capital Markets (Nomad)
Nick Harriss/Ben Jeynes 020 7444 0800
Religare Capital Markets (Broker)
Daniel Briggs 020 7444 0500
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.