Jellybook Limited

Result of Special General Meeting

RNS Number : 8472B
Jellybook Limited
08 April 2013
 



JELLYBOOK LIMITED

("Jellybook" or the "Company")

 

Result of Special General Meeting

 

 

Jellybook announces that all resolutions put before the Special General Meeting held earlier today were passed. Accordingly, it is anticipated that trading in the Ordinary Shares on AIM will cease at the close of business on 16 April 2013 with delisting of the Company's shares from trading on AIM (the "Cancellation") taking effect at 7:00 am UK time on 17 April 2013.

 

As announced on 15 March 2013, following the Cancellation of trading in the Company's shares on AIM, the Ordinary Shares will not be traded on any public market and the CREST facility (through which the Depository Interests representing Ordinary Shares are currently settled) will be cancelled also from the close of business on 16 April 2013.  Following the Cancellation, the Ordinary Shares will, with the prior sanction of the Liquidator, remain capable of being transferred in paper form (and therefore not through CREST) for a limited time until the Members Voluntary Liquidation is completed, although there can be no guarantee that a Shareholder will be able to purchase or sell any Ordinary Shares following Cancellation.  Under the Companies Act 1981 of Bermuda, following the appointment of the Liquidator (which is conditional on the Cancellation), any transfer of Ordinary Shares requires the sanction of the Liquidator or it will be void.

 

Transfers of interests in shares in certificated form should be sent to the Company's UK Transfer Agent, Capita Registrars, The Registry, 34 Beckenham Road, Beckenham, Kent BR3 4TU, United Kingdom.  Existing share certificates remain valid until completion of the Members Voluntary Liquidation. If Shareholders wish to buy or sell Ordinary Shares on AIM they must do so prior to the Cancellation becoming effective.

 

Following the Cancellation the Company will commence a Members Voluntary Liquidation, conditional upon the Cancellation, and the Proposed Liquidator will be appointed at the time of the Cancellation.

 

In the course of the Members Voluntary Liquidation, any surplus cash and assets of the Company will be returned to Shareholders (less any costs associated with implementing the Cancellation and Members Voluntary Liquidation).

 

Upon the Cancellation becoming effective, Allenby Capital will cease to be nominated adviser and broker to the Company and the Company will no longer be required to comply with the rules and corporate governance requirements to which companies admitted to trading on AIM are subject, including the AIM Rules.

 

The Definitions contained in the circular dated 15 March 2013 apply in this announcement unless the context otherwise requires.

 

For further information, contact:

 

Jellybook Limited                                                        Tel:   + 44 (0)1603 753675

Michael Wright, CEO                                                 

 

Allenby Capital Limited                                             Tel:   + 44 (0) 20 3328 5656

Alex Price, Nick Naylor

 

Maitland                                                                        Tel:   + 44 (0) 20 7379 5151

Neil Bennett, Daniel Yea

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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