Iconic Labs PLC Adjournment to the GM (6303T)
26 Novembre 2021 - 11:05AM
UK Regulatory
TIDMICON
RNS Number : 6303T
Iconic Labs PLC
25 November 2021
For immediate release
ICONIC LABS PLC - IN ADMINISTRATION
The Joint Administrators provide the following update on the
administration and the adjournment of General Meeting:
Headline: General Meeting Adjournment
The General Meeting ("GM") which had been convened for 2.00pm on
Tuesday 15 June 2021 and which was adjourned until Tuesday 23
November 2021 has been further adjourned to 2.00 p.m. on Tuesday,
30 November 2021 to be held at the offices of KWM Europe LLP, being
the 9th Floor, 24 Monument Street, London EC3R 8AJ or such other
place as is notified to shareholders.
Proxies that have been submitted for the GM will remain valid
for the adjourned GM and you do not need to submit a new proxy
unless you wish to change how your proxy should vote. However, you
may continue to submit a proxy form for the GM up to 2.00pm on
Friday 26 November 2021. Proxy forms must be submitted in
accordance with the instructions set out in the notice of meeting
dated 20 May 2021.
The GM is expected to take place on 30 November 2021 with no
further adjournment, except in exceptional circumstances.
Progress of the Administration
CVA Proposals
The Board report that detailed discussions are progressing
between the Board, EHGOSF and Arch, the Secured Creditor, with a
view to a "Global Settlement" being agreed. If agreement is
reached, CVA proposals will be put to creditors and members.
All parties are aware of the urgency for an agreement to be
reached.
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END
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