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Result of Class Meeting

24th Jul 2013 16:26

RNS Number : 0821K
Paragon Resources PLC
24 July 2013
 





Paragon Resources PLC

(AIM: PAR; ISDX: PA)

 

Result of Class Meeting

 

 

24 July 2013

 

The Board announces that the resolution proposed at the Class Meeting of Preference Shareholders held today was passed. Accordingly, the Company will proceed to arrange for its preference shares to be redeemed in consideration for the allotment and issue of new Ordinary Shares and a further announcement will be made in due course once the redemption notice and new Ordinary shares have been issued.

 

(All definitions are as defined in the announcement of 21 June 2013.) 

 

 

 

For further information, please contact:

 

 

Paragon Resources plc

Simon Hunt

(Chairman)

 

+44 7733 337 755

 

www.paragon-resources.com

Allenby Capital Limited

(Nominated Adviser and Broker)

Nick Harriss/Jeremy Porter/James Reeve

 

 +44 20 3328 5656 

 

 www.allenbycapital.com

 

 

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