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Posting of Circular and Notice of General Meeting

7th Jun 2011 07:28

RNS Number : 9748H
SeaEnergy PLC
07 June 2011
 



 

Date: 7 June 2011

 

 

SeaEnergy PLC

("SeaEnergy" or the "Company")

 

Posting of Circular and Notice of General Meeting

Following the announcement by the Company on 6 June 2011 regarding the conditional agreement for disposal of SeaEnergy Renewables Limited, SeaEnergy PLC is pleased to announce that on 6 June 2011 it posted a circular to shareholders convening a general meeting to be held at 9 a.m. on 22 June 2011 at the offices of Ambrian Partners Limited, Old Change House, 128 Queen Victoria Street, London EC4V 4BJ.

 

The circular sets out the background to and reasons for the Disposal, explains why the Board considers that the Disposal is in the best interests of the Company and its Shareholders as a whole and details the resolution to be proposed at the General Meeting.

 

The Board unanimously recommends that all shareholders vote in favour of the resolution to be proposed at the General Meeting as the Company's directors have irrevocably undertaken to do so in respect of the shareholdings in which they are interested, amounting to 13,178,080 Ordinary Shares, representing approximately 19.1 per cent of the Company's issued share capital.

 

A copy of the circular is also available from the Company's website at www.seaenergy-plc.com

 

Defined terms in this announcement have the same meaning as those defined in the announcement made by the Company on 6 June 2011 at 07:00.

 

-Ends-

 

For further information contact:

 

SeaEnergy PLC +44 1224 748480

Chris Moar - Finance Director

 

Ambrian Partners Limited - NOMAD & Broker +44 20 7634 4700

Andrew Craig, Ben Wright

 

Kreab Gavin Anderson +44 20 7074 1800

Kate Hill, Ken Cronin, Andrew Jones

 

 

 

www.seaeenergy-plc.com

 

 

 

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