25th Jul 2008 16:31
NOVENTA LIMITED
[AIM: NVTA]
RESULTS OF THE ANNUAL GENERAL MEETING
Shareholders are advised that at the Annual General Meeting held in Jersey on 25 July 2008 all the proposed ordinary resolutions, including those in respect of the re-election of each of the Directors were duly approved.
Special Resolutions in accordance with the Companies (Jersey) Law were also approved by the requisite majority in respect of:
(1) the conversion of the zero coupon unsecured convertible loan note into 1,522,843 ordinary shares issued to Highland African Ventures Limited; and
(2) the amendment to the Company's Articles of Association so as to reduce the notice period for future shareholders' meetings to fourteen clear days.
Application has been made to the London Stock Exchange for 1,522,843 new ordinary shares of GBP0.0004 each to be admitted to trading. Dealing is expected to commence in these shares on 31 July 2008.
25 July 2008
For further information please contact:
Clinton Wood
Noventa Limited
+27(0)82 880 3392/+27 (0)11 823 1400
www.noventa.net
Gerard Kisbey-Green/Paul Gray
Investec Investment Banking
+44(0)207 597 5167
Jane Stacey/Arabella Hobbs
Conduit PR
+44 (0)207 429 6606/ +44(0) 792 292 3306
Related Shares:
PAR.L