30th Jul 2014 15:40
Nyota Minerals Limited
('Nyota' or 'the Company')
Update on Sale and Notice of General Meeting
Further to the announcements on 11 June 2014 and 24 June 2014, Nyota Minerals Limited (ASX/AIM: NYO), the gold exploration company in East Africa, advises that a General Meeting of Shareholders will be held at The Celtic Club, 48 Ord Street, West Perth, Western Australia on Wednesday 3 September at 11.00am (WST).
The Notice of General Meeting and Explanatory Memorandum, Proxy Form for Shareholders and Form of Instruction for Depositary Interest Holders will be distributed to shareholders and Depositary Interest Holders tomorrow. Copies of these documents are also available on the Company's website.
To view the Notice of General Meeting, please click on the following web link:
http://www.nyotaminerals.com/content/uploads/2014/07/NYO-NOM-and-Prospectus-30.07.14.pdf
Following despatch of the Notice of General Meeting, the expected timetable for the completion of the Sale Transaction and the Capital Reduction is as follows:
Event | Date | |
Notice and Prospectus despatched to Nyota Shareholders | Thursday 31 July 2014 | |
Cut off for lodging Proxy Form for the General Meeting | 11.00am (WST) on Monday 1 September 2014 | |
Snapshot for eligibility to vote at the General Meeting | 5.00pm (WST) on Monday 1 September 2014 | |
General Meeting to approve the Sale Transaction and the Capital Reduction | 11.00am (WST) on Wednesday 3 September 2014 | |
ASX informed of Nyota Shareholder approval | Wednesday 3 September 2014 | |
Completion of Sale Transaction | Friday 5 September 2014 | |
Trading in Shares on an "ex return of capital" basis (Nyota Shares trade on ASX without an entitlement to participate in the Capital Reduction) (Ex-Date) | Monday 8 September 2014 | |
Record Date | Wednesday 10 September 2014 | |
Capital Reduction via the KEFI Distribution | Wednesday 17 September 2014 | |
Despatch of confirmation of issue of KEFI Shares to Eligible Nyota Shareholders and ASX announcement by Nyota of completion of Capital Reduction | Wednesday 24 September 2014 |
* The above dates are indicative only and may change without prior notice being given to Nyota Shareholders, subject to the requirements of the Corporations Act, the ASX Listing Rules and the AIM Rules.
For further information please visit www.nyotaminerals.com or contact:
Richard Chase | Nyota Minerals Ltd Chief Executive Officer | +44 (0) 20 7400 5740
|
Antony Legge/ Ciaran Walsh | Nominated Adviser and Joint Broker Daniel Stewart & Company plc | +44 (0) 20 7776 6550
|
Susie Geliher/ Elisabeth Cowell | Financial PR St Brides Media & Finance Ltd
| +44 (0) 20 7236 1177 |
Guy Wilkes | Joint Broker Pareto Securities
| +44 (0) 20 7786 4370
|
Related Shares:
Nyota Minerals