Posting of Annual Report and Notice of AGM

RNS Number : 0465S

Tower Resources PLC

14 March 2016

 

14 March 2016

Tower Resources plc

         Posting of Annual Report and Accounts, Notice of Annual General Meeting and 

Proposed Share Capital Reorganisation

Tower Resources plc (the "Company" or "Tower" (TRP.L, TRP LN)), the AIM-listed Africa-focussed oil and gas exploration company, announces that its Annual Report and accounts for the year ended 31 December 2015 together with Notice of AGM and a circular relating to the Proposed Share Capital Reorganisation has been posted to shareholders.

The AGM is convened to be held at the offices of Peel Hunt LLP, Moor House, 120 London Wall, London EC2Y 5ET on Wednesday 6 April 2014 at 2:30pm.

As previously announced in the Preliminary Results to 31 December 2015 on 7 March 2015, at the AGM the Company intends to propose to restructure and consolidate the Company's shares such that for each 250 shares currently held shareholders will receive one new share. The timetable relating to the AGM and capital reorganisation is shown below. 

Expected Timetable of Events:

Circular posted to Shareholders                                                                                                                       14 March 2016

Latest time and date for receipt of Forms of Proxy                                                                                              2.30 pm
                                                                                                                                                                                      on 4 April 2016

Annual General Meeting                                                                                                                                                2.30 pm
                                                                                                                                                                                     on 6 April 2016

Record time and date for the Share Capital Reorganisation                                                                            6.00 pm
                                                                                                                                                                                     on 6 April 2016

Admission of the New Ordinary Shares to trading on AIM                                                                               8.00 am

                                                                                                                                                                                     on 7 April 2016

Expected date on which CREST accounts are to be credited                                                                     7 April 2016

Expected date by which definitive new share certificates                                                                      21 April 2016

are to be despatched

Contacts

Tower Resources

Graeme Thomson (CEO)
Andrew Matharu (VP - Corporate Affairs)
[phone]

Peel Hunt LLP (Nominated Adviser and Broker)

Richard Crichton/Ross Allister
[phone]

Vigo Communications

Chris McMahon/ Alex Aleksandrov
[phone]

 

END

 

 

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