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2016 and the maturity of ZDPS and CULS

27th Feb 2014 14:10

RNS Number : 1198B
Ecofin Water & Power Opps PLC
27 February 2014
 



ECOFIN WATER & POWER OPPORTUNITIES PLC

 

 

2016, and maturity of the Zero Dividend Preference Shares* and 6% Convertible Unsecured Subordinated Loan Stock 2016

 

 

Further to the statement made in the 2013 half year results, and in order to provide greater clarity to shareholders in the run-up to the expiry of the Zero Dividend Preference Shares and Convertible Unsecured Loan Stock in July 2016, the Directors will convene a general meeting of the Company in the first half of 2016, in order to propose an ordinary resolution that the Company continue its business as a closed-ended investment company (the "Continuation Resolution"). If the Continuation Resolution is not passed, the Directors will be required to put proposals for the reconstruction, reorganisation or wind-up of the Company to the Ordinary Shareholders for their approval.

 

* Issued by EW&PO Finance plc on the Company's behalf.

 

 

By Order of the board

Phoenix Administration Services Limited

Corporate Secretary

27 February 2014

 

 

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