27th Jun 2017 12:43
Prior to publication, certain information contained within this announcement was deemed to constitute inside information for the purposes of Article 7 of EU Regulation 596/2014 (MAR). Upon publication of this announcement, this information is now considered to be in the public domain.
27 June 2017
reach4entertainment enterprises plc
('r4e', 'the Company' or 'the Group')
Result of AGM
r4e, the transatlantic media and entertainment marketing company, announces that at the Company's annual general meeting ("AGM"), held earlier today, resolutions 1 to 8 were duly passed. The following resolutions were not passed at the AGM:
Ordinary Resolution
9. To authorise the Directors to allot ordinary shares in the Company ("Ordinary Shares").
Special Resolutions
10. To approve the disapplication of pre-emption rights.
11. To authorise the Company to purchase its own Ordinary Shares.
As a result of these resolutions not being passed, the Company will not be able to issue any further Ordinary Shares in the Company other than in respect of issues under the Company's employee share scheme. In addition, the Company will not be able to effect purchases of its Ordinary Shares.
Enquiries:
reach4entertainment enterprises plc | |
David Stoller, Executive Chairman | +44 (0) 20 7968 1655 |
Allenby Capital (Nominated Adviser and Broker) | +44 (0) 20 3328 5656 |
Jeremy Porter/James Reeve (Corporate Finance) | |
Katrina Perez/Kelly Gardiner | |
Novella Communications (Financial PR) | +44 (0) 20 3151 7008 |
Tim Robertson Toby Andrews |
Related Shares:
R4E.L