30th Jul 2007 07:01
3DM Worldwide PLC30 July 2007 For Immediate Release: 3DM WORLDWIDE PLC ("3DM" or the "Company") NOTICE OF EXTRAORDINARY GENERAL MEETING Notice is hereby given that the Extraordinary General Meeting of 3DM Worldwideplc will be held at, The Westminster Suite, Broadway House, Tothill Street,London, SW1H 9NQ, on 23rd August 2007 at 11.30 a.m. for the purpose ofconsidering and, if thought fit, passing resolutions numbered 1 as an OrdinaryResolution and resolutions numbered 2, 3 AND 4 as Special Resolutions: As special business to consider and, if thought fit, pass the followingresolutions: Ordinary Resolution 1 That the Directors be and are generally and unconditionally authorised in accordance with section 80 of the Companies Act 1985 ("the Act") to exercise all the powers of the Company to allot relevant securities (as defined in section 80(2) of the Act) provided that: (a) this authority shall be in addition to any authority which may have been given to the Directors at the Annual General Meeting of the Company held on 24th July 2007 or at any adjournment thereof (b) this authority shall be limited to the allotment of relevant securities up to an aggregate nominal value of £2,800,000 (c) unless previously revoked, varied or extended, this authority shall expire five years after the date of the passing of this resolution, except that the Company may at any time before such expiry make an offer or agreement which would or might require relevant securities to be allotted after such expiry and the Directors may allot relevant securities in pursuance of such an offer or agreement as if this authority had not expired; and (d) in relation to the grant of any right to subscribe for, or convert any security into, shares in the Company, the reference in this resolution to the maximum amount of relevant securities that may be allotted is to the maximum amount of shares which may be allotted pursuant to such right. Special Resolutions 2 That the Directors in addition to any authority conferred at the Annual General Meeting of the Company held on 24th July 2007 or at any adjournment thereof be and are empowered pursuant to section 95 of the Act and pursuant to the authority conferred by resolution 1 above to allot equity securities (as defined in section 94(2) of the Act) for cash as if section 89(1) of the Act did not apply to such allotment provided that: (a) this additional power shall be limited to (i) the allotment, of equity securities up to an aggregate nominal amount of £2,800,000. (b) unless previously revoked, varied or extended, this power shall expire on the earlier of the conclusion of the next Annual General Meeting of the Company and the date falling 15 months after the date of the passing of this resolution except that the Company may before the expiry of this power make an offer or agreement which would or might require equity securities to be allotted after such expiry and the Directors may allot equity securities in pursuance of such offer or agreement as if this power had not expired; (c) in this resolution the nominal amount of any securities should be taken to be, in the case of a right to subscribe for or convert any securities into shares of the Company, the nominal amount of the shares which may be allotted pursuant to such right. 3 That the name of the Company be changed to ENVIRONMENTAL RECYCLING TECHNOLOGIES PLC 4 That the capital of the Company be increased from £7,500,000.00 to £10,000,000.00 by the creation of 100,000,000 ordinary shares of £0.025 each ranking pari passu in all respects with the existing ordinary shares in the capital of the Company. ---ENDS--- Enquiries: Niall Mackay, CEO 3DM Worldwide plc 020 7692 7002 Distributed by GTH Media Relations 020 7153 8035 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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