24th Nov 2011 14:49
COBURG GROUP PLC
("the Company")
Results of AGM
24 November 2011
At the Company's Annual General Meeting that took place earlier today, resolutions 1 through 4 were passed unanimously.
After representations from major shareholders and with the consent of all present, it was decided not to put resolutions 5 and 6 to the meeting. These resolutions would have given the directors authorities to issue shares and the directors intend to seek such authorities from shareholders as and when required.
The Chairman announced that trading conditions continue to be difficult and losses in the first half year are likely to be in the order of £50,000.
Enquiries:
Konrad Legg | Coburg Group PLC | +44 (0)20 8317 0103 |
Colin Aaronson | Grant Thornton Corporate Finance | +44 (0)20 7383 5100 |
Nick Emerson | Simple Investments | +44 (0)14 8341 3500 |
Related Shares:
TSI.L