17th May 2023 19:55
Cenkos Securities PLC - London-based stockbroker - Announces the results of the court meeting and general meeting held today in connection with the merger with finncap Group PLC, another London-based stockbroker. Reports the requisite majorities of scheme shareholders voted in favour of the resolution to approve the scheme to effect the merger. Adds at the general meeting, the requisite majority of Cenkos shareholders voted to pass the special resolution proposed. finncap says at its general meeting, the requisite majority of shareholders voted to pass the ordinary resolution proposed. A court sanctioning hearing of the scheme is expected to be held during the third quarter of 2023. Read More