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Claridge Public LTD — Capital/Financing Update 2014
Jun 5, 2014
2455_iss_2014-06-05_49d213ca-9142-47c0-a28a-47afddf3feb4.pdf
Capital/Financing Update
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Claridge Public Limited
Office of the Secretary 10, George Gennadiou Street, Agathangelos Court office 303, P.O. Box 50012, 3600 Limassol Tel.: 25871600, Fax: 25362001 [email protected]
ANNOUNCEMENT
An Extraordinary General Meeting of Claridge Public Limited ("the Company") was held on 04/06/2014 at Paphos, soon after the Annual General Meeting.
At the said Extraordinary General Meeting 20 shareholders were present or represented, which in total were representing 65,91% of the issued share capital of the Company.
During the Extraordinary General Meeting of the Company the following special resolution was approved unanimously:
Special Resolution:
That the authorized share capital of the Company which is $£51.000.000$ divided into 150.000.000 ordinary shares of nominal value €0,34 each, as well as the issued share capital of the Company which is €36.775.403 divided into 108.162.950 ordinary fully paid up shares of nominal value €0,34 each, be reduced, the authorized share capital to $£18.000.000$ divided into 150.000.000 ordinary shares of nominal value $€0,12$ each on the one hand and the issued share capital into $£12.979.554$ divided into 108.162.950 ordinary fully paid up shares of nominal value €0,12 each on the other hand and that the said reduction be utilized with the reduction of the nominal value of every ordinary share from $\epsilon$ 0,34 each to $\epsilon$ 0,12 each, writing off in this way accumulated losses and/or loss of capital at the value of €25.107.812.
Limassol, 5th June 2014